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Author Topic: Will people come back to gold  (Read 24501 times)
TelolettOm
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February 08, 2019, 03:26:02 AM
 #441

Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages
it's true but in my opinion here people also have not just bitcoin as an investment. chances are they also have other investments such as gold or stocks and property. these are all very natural things

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February 08, 2019, 03:50:01 AM
 #442

Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages
it's true but in my opinion here people also have not just bitcoin as an investment. chances are they also have other investments such as gold or stocks and property. these are all very natural things
right, big investors certainly don't only have one type of business. as well as investment, of course not just one investment. and I think they are not back to worry, but indeed many have invested in gold before
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February 08, 2019, 04:23:03 AM
 #443

Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages
it's true but in my opinion here people also have not just bitcoin as an investment. chances are they also have other investments such as gold or stocks and property. these are all very natural things
This is a must in every investors of course, never rely on one source of income because there's a lot of market where you can also make good money. Its people choice to come back to gold, or to invest on both since it can be more profitable for them. We should really create more sources of income, and gold is always a good investment because of its stable price.
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February 08, 2019, 04:57:12 AM
 #444

With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)

Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
Alot of people are dying just to get gold.Miners willing to risk life just to get gold because they saw assurance that there is sure profit on it.Cryptocurrency is a risky thing and those whose been here for long time,they were willing to risk their money without any hassle and i think its all about peoples willingness on where to invest today.
gold is a good investment.
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
There is not enough gold in the world to back up all of the money. People can still value it, but I doubt they can use it like the US did. What could be done instead is using cryptocurrencies after dollar collapses, because they are naturally limited and don't need any kind of backing up. Well, a weird but not impossible thing would be to back up fiat by cryptocurrencies. I guess this would be the situation gold and dollar used to be in. It's not such a bad idea in case people come to value cryptocurrencies themselves. Fiat was a bad idea, and something has to replace it. The crash is probably inevitable...

But the US Dollar isn't backed by Gold since years. And if Central Banks are massively buying gold it can be because they do know the USD will deflate a lot soon (GBP too anyway) (hence also the very bad stock market this autumn?) so they are avoiding the USD deflation or to "save" funds and once again gold is showing its power when it's about "saving" funds.
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February 08, 2019, 05:39:46 AM
 #445

It's too big for me to think of the world economy, but it looks like this really does happen, I feel the beginning of 2019 is very difficult in terms of the economy, the business that I live this year is really quiet. Crypto trading also feels hard to get profit. actually for the general public gold has not been abandoned and is still the first choice in investing, because gold has many advantages. And my mistake is to exchange most of the gold I have with crypto currencies
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February 08, 2019, 05:44:39 AM
 #446

Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages

To be precise Gold Investment is outdated and i do not think any person now will prefer to invest in Gold. Those who are holding gold are those who have been holding it already for a long time. New Generation is attracted to bitcoin investment as the rate of return is much more higher here and also you can double your investments in two years or before.

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February 08, 2019, 07:18:22 AM
 #447

Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages
Yes you're right. it is possible that they only secure the assets they have in gold, and wait for the price to rise before investing in bitcoin again. I know that many investors are waiting for the market to recover, and gold is one of the best investment places after Bitcoin.
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February 08, 2019, 10:49:22 AM
 #448

I still don't have any gold in any part of my house because I know that it is hard to make a business with it for me that's why I still gonna find a different ways of earnings like Cryptocurrency. It makes more sense than putting my self to a hard time of making more profit because I know it is hard to make more money it.
to be able to have 1 gold bar of course you have to need a lot of capital because the price of gold is very expensive compared to cryptocurrency, but if you only have a little better capital you don't turn away from cryptocurrency because of cryptocurrency you can grow assets you have even though there are only a few.

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February 08, 2019, 12:53:48 PM
 #449

Gold investment has been around for a long time and bitcoin is including a new instrument in investment. And the risk between gold and bitcoin is very different where the risk of bitcoin is much higher than gold. but both have their advantages and disadvantages

To be precise Gold Investment is outdated and i do not think any person now will prefer to invest in Gold. Those who are holding gold are those who have been holding it already for a long time. New Generation is attracted to bitcoin investment as the rate of return is much more higher here and also you can double your investments in two years or before.
- It's just your thoughts. In fact, people still love to invest in gold regardless of whether they are new generation or old generation because gold has a stability and sustainability, its lifetime has proved its value. While bitcoin is just a prominent boy in recent times, and what we see from it is a high profit but the risk is also enormous, and people invest in it just because they care about new investments, bring them very fast profits, and when this excitement ends, they will still return to gold, which is sure


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February 08, 2019, 12:56:24 PM
 #450

gold investment has been around for a long time and it has become one of the investments with a very safe category and also its value continues to increase even though it is not as fast as the bitcoin movement

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February 08, 2019, 02:42:57 PM
 #451

people coming back to gold is not making a big difference in the grand scheme of things
I mean the general public doesn't influence the price of gold in any way
even if you bought gold for all the money you have and your neighbours do the same, the price is formed not
through the usual supply / demand model , but by gold fixing :
https://en.wikipedia.org/wiki/Gold_fixing
in the times of instability the money tend to flow to the relatively safe havens like gold, so there is nothing unusual if people come back to gold as you've put it

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February 08, 2019, 03:32:49 PM
 #452

if that is certain because getting profits or income in crypto is still very difficult now, so indeed many investors have returned to investing in gold again until crypto has a good change in the price of each coin
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February 08, 2019, 05:23:15 PM
 #453

Gold is oversold right now so buying gold at its current price wouldn't probably be a good idea cause it needs some sort of correction right now. People buying in an uptrend will suffer major loses. If i were them i will look for an alternative asset that is cheap and in a downtrend right now. So better invest in other assets such as bitcoin.

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February 08, 2019, 05:36:27 PM
 #454

Are you seriously? In order to "return" to gold and start trading it, you must have considerable reserves of funds. In simple language, you should be rich in order to allow yourself to trade in gold. This is the advantage of cryptocurrency, everyone can start working.
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February 08, 2019, 05:57:32 PM
Last edit: February 08, 2019, 10:36:30 PM by LeGaulois
 #455

Are you seriously? In order to "return" to gold and start trading it, you must have considerable reserves of funds. In simple language, you should be rich in order to allow yourself to trade in gold. This is the advantage of cryptocurrency, everyone can start working.

You didn't even read the discussion. Who talked about trading Gold? Gold is a store of value, not really an asset to trade with. People buy Gold not to make a profit but rather to secure their funds. To secure from inflation, government, banks, etc.. You guys can't even understand simple things.
Even a 10 years old kid do it, but not you!


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February 08, 2019, 11:44:40 PM
 #456

yes, weaker dollar would be good for gold, is save and easy to buy.
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February 09, 2019, 09:29:23 AM
 #457

Are you seriously? In order to "return" to gold and start trading it, you must have considerable reserves of funds. In simple language, you should be rich in order to allow yourself to trade in gold. This is the advantage of cryptocurrency, everyone can start working.

You didn't even read the discussion. Who talked about trading Gold? Gold is a store of value, not really an asset to trade with. People buy Gold not to make a profit but rather to secure their funds. To secure from inflation, government, banks, etc.. You guys can't even understand simple things.
Even a 10 years old kid do it, but not you!



I am agree with you. People buying and holding gold because its more resistant from inflation. As store of value, gold more trusted and government recognize gold as investment. Bitcoin can be a store of value but i think its need more time to gain investor confident

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February 09, 2019, 09:32:06 AM
 #458

if that is certain because getting profits or income in crypto is still very difficult now, so indeed many investors have returned to investing in gold again until crypto has a good change in the price of each coin

It will happen if you are born with a lot of money to invest what you want but different for some people who want to invest something by thinking correctly and making a profit.
when you have a lot of money it is possible to invest anywhere but usually these investors choose a place that can provide very much profit from what is invested, maybe only a few investors return to gold investment.
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February 10, 2019, 08:11:16 AM
 #459

gold investment has been around for a long time and it has become one of the investments with a very safe category and also its value continues to increase even though it is not as fast as the bitcoin movement
For me it is not because it does not give more profit than gold, it is not old age mate we are living in modern era where we will have to move with time without looking what has been using by people in nineties, gold is not safe to invest as holing it is one of issue needs improvement, but if you invest in crypto you will not be worry steeling or street robbing.
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February 10, 2019, 09:17:49 AM
 #460

People will always move to avenues that will yield profit and it will not be surprise the gold industry still have millions of investors across the globe. Just as the gold industry have investors, cryptocurrency world also has its own investors who believe in the concept and hold patiently till the market hit the bull market to earn more profit.
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