Will people come back to gold

[setialovers]

Well it looks like the return of gold is Herr again because the whole economy is facing lots of challenges and at that it was recorded that the America stock also suffered a great lose in recent time and at that what we are facing presently in the price of all commodities in the exchange market is also general and it sims gold is the only commodity with a stable price.

People always idolize gold as an investment and appearance, because the price increases are stable and certain.
Other investments such as cryptocurrency always experience price fluctuations which are very risky to experience losses, unlike gold. Gold investment is safer.

I think its because cryptocurrency not recognized yet as commodity or investment. If government recognized cryptocurrency is an investment, i think more people will invest in crypto. But gold already known for centuries and people can back to gold system if economic system always crash

[1714886201]

1714886201

[1714886201]

1714886201

[jambul_kribo]

Well it looks like the return of gold is Herr again because the whole economy is facing lots of challenges and at that it was recorded that the America stock also suffered a great lose in recent time and at that what we are facing presently in the price of all commodities in the exchange market is also general and it sims gold is the only commodity with a stable price.

People always idolize gold as an investment and appearance, because the price increases are stable and certain.
Other investments such as cryptocurrency always experience price fluctuations which are very risky to experience losses, unlike gold. Gold investment is safer.

I think its because cryptocurrency not recognized yet as commodity or investment. If government recognized cryptocurrency is an investment, i think more people will invest in crypto. But gold already known for centuries and people can back to gold system if economic system always crash

although appear new investment portofolio in finance industry, gold and silver will have their own place.they have fanatic investors that always buy it.but cryptocurrency one step closer be commodity.moreover after SEC approve etf, there will much large investor come to cryptocurrency market.

[celot]

Many investor back to the gold investment because have waiting for one year bitcoin still not have progress to higher price, they have tired about how bitcoin price always dump, they take new way to back at gold investment because never have lower and dump price.

[onrise]

Many investor back to the gold investment because have waiting for one year bitcoin still not have progress to higher price, they have tired about how bitcoin price always dump, they take new way to back at gold investment because never have lower and dump price.

People should be investing in both of the options if they want to stabilize their investment and not just concentrate on one of them. Diversification will help them to make money even if market is down for any one of them. This will help them to make returns rather than just be depended on a single product.

[romero121]

Gold is always the best in the market, whether it can be of long term or short term. Because, gold will be stable for long term as well grows with time. Importantly there is not much of volatility with gold, while cryptocurrency is highly volatile. To my understanding gold will always be preferred by the user who expect to stay on a risk free platform. I believe most of the users will diversify with gold and cryptocurrencies.

[nur rochid]

Many investor back to the gold investment because have waiting for one year bitcoin still not have progress to higher price, they have tired about how bitcoin price always dump, they take new way to back at gold investment because never have lower and dump price.

People should be investing in both of the options if they want to stabilize their investment and not just concentrate on one of them. Diversification will help them to make money even if market is down for any one of them. This will help them to make returns rather than just be depended on a single product.

investing in one product is risky, choosing both of them does provide a sense of security for our assets. it is impossible for a business to run well continuously, so that when one investment slows, the other one can cover up

[Naida_BR]

Well it looks like the return of gold is Herr again because the whole economy is facing lots of challenges and at that it was recorded that the America stock also suffered a great lose in recent time and at that what we are facing presently in the price of all commodities in the exchange market is also general and it sims gold is the only commodity with a stable price.

People always idolize gold as an investment and appearance, because the price increases are stable and certain.
Other investments such as cryptocurrency always experience price fluctuations which are very risky to experience losses, unlike gold. Gold investment is safer.

I truly don't believe that buying should be characterized as a sort of investment. I think that people buy gold and got involved in this market in order to store their wealth value. The price of the gold doesn't fluctuate a lot thus buyers are securing their money to this commodity. Something that can hard to happen in other commodities such as oil for example.

[LeGaulois]

...

Last week there was an article published saying that crypto investors are slowly turning to gold. I didn't read the article honestly so I don't know what do they call "investors". I don't call a crypto dude with $50 an investor btw. But look like a trend really started now and a looot of money is being injected in the market

[lutfi-hasan]

Yes, everything can happen, because the declining price of Bitcoin can cause Investors to turn to gold, because in Bitcoin it can't generate profits as it once did, so the decline is caused by investors selling Bitcoin to invest in gold.

[STT]

Last week there was an article published saying that crypto investors are slowly turning to gold. I didn't read the article honestly so I don't know what do they call "investors". I don't call a crypto dude with $50 an investor btw. But look like a trend really started now and a looot of money is being injected in the market

Yes I know the article.  Its a consumer newspaper so I think they are talking about the people on the street because there is more of them it adds up.    Money is partly because people store value in it.    Business or whales are not as important as the mass of a population but people take more notice of a big business, partly because business will advertise its moves in various ways that is more certain then a trend change in a population

[Juggy777]

...

Last week there was an article published saying that crypto investors are slowly turning to gold. I didn't read the article honestly so I don't know what do they call "investors". I don't call a crypto dude with $50 an investor btw. But look like a trend really started now and a looot of money is being injected in the market

Interesting article I must say created skilfully and with the sole purpose of misleading, and causing confusion in the mind of bitcoins investors especially newbies. It’s comon sense they’re trying to trigger the herd mentality, and fomo effect in making people dump bitcoins for gold, but they failed when it came to you (bitcoin ninja). I feel this bubble of people shifting from bitcoins to gold is one big lie, and will soon burst and those who fell for it will regret it.

[fillippone]

Ah,
forgot to mention one BIG problem with gold investment.

Also there is a parallel with bitcoin:
Bitcoin:"Not your keys, not your Bitcoin".
Gold:   "Not your vault, not your Gold".

Your gold is closed in a bank, but they refuse to give it to you:
https://edition.cnn.com/2019/01/26/uk/venezuela-maduro-bank-of-england-gold-withdrawal-gbr-intl/index.html

Your gold is locked on a bank, but the bank decide to steal it:
https://www.bloomberg.com/news/articles/2019-01-30/venezuela-has-20-tons-of-gold-ready-to-ship-destination-unknown

[markj113]

Ah,
forgot to mention one BIG problem with gold investment.

Also there is a parallel with bitcoin:
Bitcoin:"Not your keys, not your Bitcoin".
Gold:   "Not your vault, not your Gold".

Your gold is closed in a bank, but they refuse to give it to you:
https://edition.cnn.com/2019/01/26/uk/venezuela-maduro-bank-of-england-gold-withdrawal-gbr-intl/index.html

Your gold is locked on a bank, but the bank decide to steal it:
https://www.bloomberg.com/news/articles/2019-01-30/venezuela-has-20-tons-of-gold-ready-to-ship-destination-unknown

Any reason why you cant safely store it somewhere in your control?

[fillippone]

Ah,
forgot to mention one BIG problem with gold investment.

Also there is a parallel with bitcoin:
Bitcoin:"Not your keys, not your Bitcoin".
Gold:   "Not your vault, not your Gold".

Your gold is closed in a bank, but they refuse to give it to you:
https://edition.cnn.com/2019/01/26/uk/venezuela-maduro-bank-of-england-gold-withdrawal-gbr-intl/index.html

Your gold is locked on a bank, but the bank decide to steal it:
https://www.bloomberg.com/news/articles/2019-01-30/venezuela-has-20-tons-of-gold-ready-to-ship-destination-unknown

Any reason why you cant safely store it somewhere in your control?

Storing gold is pretty easy to hide, but where? In your house? Where do you put it? In a safe? Come on...
Anyway the point is: when you trust someone to hold your Gold you think you still are the owner of such gold, while in reality you are not.
Same for bitcoin.

[Reinsurer]

Currently, the value of a dollar (for example) bill is an arbitrary value, which depends on the whim of the government. And the government can print money like a photocopier. There are no restrictions on how much money it can put into circulation.

The US dollar became a fiat currency after the abolition of gold collateral more than 46 years ago and has lost 97% of its value since the creation of the Fed in 1913.

[LeGaulois]

@fillippone

I see a little difference comparing it with Bitcoin. You may rent a vault, you paid for a service, the bank is not supposed to know what there is in. Banks don't size your gold, governments do. It's also the reason why people store their gold in countries where the governments can't size it like Belgium or Switzerland. You also have the certificate so if something happens it could be called a robbery

[fillippone]

@fillippone

I see a little difference comparing it with Bitcoin. You may rent a vault, you paid for a service, the bank is not supposed to know what there is in. Banks don't size your gold, governments do. It's also the reason why people store their gold in countries where the governments can't size it like Belgium or Switzerland. You also have the certificate so if something happens it could be called a robbery

With Bitcoin you can run a full node and nobody ever will be able to steal your bitcoin.
Regarding Gold: you can desposit your gold in Bank of England and still they can refuse to give you such gold.
This a huge difference in favour of bitcoin.
This is why you should run a Bitcoin full node (follow my guide in signature if you can speak Italian).

[2chase]

Why should people go back to gold if they have an excellent analogue at their disposal - Bitcoin, Bitcoin is much better than gold, and the dynamics of its growth are much better than the dynamics of growth of gold. It's much easier to store and send over long distances than gold. Bitcoin is perfect in this regard.

[Klausi]

Ah,
forgot to mention one BIG problem with gold investment.

Also there is a parallel with bitcoin:
Bitcoin:"Not your keys, not your Bitcoin".
Gold:   "Not your vault, not your Gold".

Your gold is closed in a bank, but they refuse to give it to you:
https://edition.cnn.com/2019/01/26/uk/venezuela-maduro-bank-of-england-gold-withdrawal-gbr-intl/index.html

Your gold is locked on a bank, but the bank decide to steal it:
https://www.bloomberg.com/news/articles/2019-01-30/venezuela-has-20-tons-of-gold-ready-to-ship-destination-unknown

Any reason why you cant safely store it somewhere in your control?

Storing gold is pretty easy to hide, but where? In your house? Where do you put it? In a safe? Come on...
anyway the point is: when you trust someone to hold your Gold you think you still are the owner of such gold, while in reality you are not.
Same for bitcoin.

anyway

I agree, although gold has a very promising value to every person but you cannot guarantee the security of it. Those people entrusted by your wealth cannot sustain longer for the loyalty they had for you. Unlike with bitcoin, the freedom is always there for us as well as being anonymous on our holdings. So in general, people will eventually realize that digital asset is better than physical one like gold.

[Argoo]

Many investor back to the gold investment because have waiting for one year bitcoin still not have progress to higher price, they have tired about how bitcoin price always dump, they take new way to back at gold investment because never have lower and dump price.

People have never departed from the eternal human values, among which gold holds the most honorable place. Cryptocurrency is used by only five percent of the world's population. Now she is experiencing very bad times. How it will develop further, nobody knows. Therefore, gold was, is and will be gold.