The Consensus is Clear: You Should Own Gold Now

[coolcoinz]

I own some silver and find it underpriced at the moment, but gold isn't a bad choice. The problem I always face, and I believe most people are, is limited funds. Most of us can spar a certain amount of money a year like 10k USD and we have to choose between many available investments. Should I buy silver, gold, bitcoin, or maybe an altcoin. If I already have bitcoin should I get more or buy something else? I think that cryptocurrencies are becoming more popular and will have much bigger gains in the next 2-3 years than gold or silver.

[sheenshane]

Gold is a big reserve, it always have a stable price, what you earn out of bitcoin and other cryptocurrencies even when the market is bearish can't be earned out of gold even when it is in the bullish run. People who have got lot of fiat to make an investment and wants to secure it without facing any risk could go with gold.

You have a good point there, Owning gold is the best way for this era. This is very obvious now. Central banks are making currencies down
and it is only the gold which will have the price in the market sooner or later. But gold is considered as a long term investment and will be easily liquidated. Gold and bitcoins are the best investments for future purposes and I will guarantee it. Currencies will go down and people will try to hedge their money as well.

[cryptjh]

Gold are a great way to store wealth, and used for thousands of years, now most of the worlds gold are hold by centrals banks, investment groups and as wedding gift.
Gold are a great way to store value, but I prefer to hold Bitcoins and  other crypto's. Bitcoins can easily be sold or be transported crossed the world within a few moments, gold are not that easy to sell and transport.

[magneto]

I would certainly diversify into gold as sort of a long term hedge, or when a short term bull market may be emerging.

And right now, I think that a bull market may be coming given the fact that its bear phase of the cycle has been on for so long as precious metals prices seem to be stabilising and bottoming. I'd definitely be diversifying my portfolio into some low premium physical precious metals for the long run, or paper metals (for short term trading).

Though I completely disagree with a lot of the gold bugs and their attitude and ignorance towards what is a fair judgment. The narrative has always been that gold will always go up no matter what, with no regard to market cycles or short term price movements, leading to a lot of people that believe them blindly losing out. I'm not saying that this article is wrong in this way, but I do think that in the long run, we may see bitcoin and other decentralised cryptos being more and more accepted as a means of storing value compared to gold - which means that you shouldn't always blindly invest.

[BitcoinFani]

I like this video, thank you so much, Gold will always be the most valuable source in the world. Countries can print as much gold as they own. real riches are measured by the amount of gold. Me and my family are investing in golds.
Gold never drops value

[richminded]

if I myself do not have to choose gold because crypto is still promising now even though the market is down, this year there will be many people who will get big profits

I still don’t see any rush to buy bitcoin right now because i’m still contented on my earnings here in cryptomarket. The Gold may continue to increase in value but I also believe that cryptocurrency will also grow especially with bitcoin price. Anyway, we can actually buy gold and cryptos so better to do it both that to give up one thing to invest to other option.

[Dreamchaser21]

if I myself do not have to choose gold because crypto is still promising now even though the market is down, this year there will be many people who will get big profits

I still don’t see any rush to buy bitcoin right now because i’m still contented on my earnings here in cryptomarket. The Gold may continue to increase in value but I also believe that cryptocurrency will also grow especially with bitcoin price. Anyway, we can actually buy gold and cryptos so better to do it both that to give up one thing to invest to other option.

Exactly, we can invest on both gold an cryptocurrency which I still more prefer. I can’t leave cryptomarket right now because I see big opportunities here and I believe it can give more profit than to invest on gold. I do buy physical gold for my own satisfaction.

[susila_bai]

if I myself do not have to choose gold because crypto is still promising now even though the market is down, this year there will be many people who will get big profits

I still don’t see any rush to buy bitcoin right now because i’m still contented on my earnings here in cryptomarket. The Gold may continue to increase in value but I also believe that cryptocurrency will also grow especially with bitcoin price. Anyway, we can actually buy gold and cryptos so better to do it both that to give up one thing to invest to other option.

Exactly, we can invest on both gold an cryptocurrency which I still more prefer. I can’t leave cryptomarket right now because I see big opportunities here and I believe it can give more profit than to invest on gold. I do buy physical gold for my own satisfaction.

This is the good way of investment because if you spread and invest then risk factor become less. Gold has its own value and its value wont decrease soon, in crypto right now the market is down for long time so it is a good time to invest as if any big news will raise bring the market. So investing in both is always a good option rather then invest fully in gold or crypto and take risk.

[TimeTeller]

if I myself do not have to choose gold because crypto is still promising now even though the market is down, this year there will be many people who will get big profits

I still don’t see any rush to buy bitcoin right now because i’m still contented on my earnings here in cryptomarket. The Gold may continue to increase in value but I also believe that cryptocurrency will also grow especially with bitcoin price. Anyway, we can actually buy gold and cryptos so better to do it both that to give up one thing to invest to other option.

Exactly, we can invest on both gold an cryptocurrency which I still more prefer. I can’t leave cryptomarket right now because I see big opportunities here and I believe it can give more profit than to invest on gold. I do buy physical gold for my own satisfaction.

This is the good way of investment because if you spread and invest then risk factor become less. Gold has its own value and its value wont decrease soon, in crypto right now the market is down for long time so it is a good time to invest as if any big news will raise bring the market. So investing in both is always a good option rather then invest fully in gold or crypto and take risk.

As the old saying goes - "Never put all your eggs in one basket".
But only invest in crypto if you know its market and how to deal with it.
I know many people are investing blindly in crypto and when their investments lost its value, they curse crypto as if they were cheated.
And nobody can beat the old timer - gold of course. Rain or shine, you have your tangible asset. It will never fail you.

[Naida_BR]

Gold is a low-risk investment and it is always a good time to hold it. Especially when there are economic ups and downs (which I think that we are on the verge of an economic downturn). My question is why shouldn't we hodl digital gold instead of simple gold.

Bitcoin has the same usage as real gold with one added feature where it may give higher returns in the future!

[kaya11]

Hope they are right, I already owned some golds including accessories and jewelries so if the price goes ups, I would sell them to buy bitcoin again. Well I bought the gold way back 2016 so it better pay me off now.

[Theb]

I never doubted that the prices for gold will recover I mean all the signs are there from federal reserves not panicking to them still adding up their volume for gold all of them are not selling but buying even if the prices are going up. It only tells us that they are not worried for the current prices but instead taking advantage of it. If Gold finally recovers this will boost any country's economy who took advantage of a great opportunity.

[markstivn98]

Those who own money are better off buying and storing gold.
As you save your money in the portfolios and benefit from them.
You can also benefit from the storage of gold.
 So better than money bills.

[Apes]

choose gold as an investment like a savings. different from investing in crypto. if we compare the price of gold and crypto is much different. gold prices tend to be stable. but crypto prices are always volatile as investors have the advantage if crypto prices soar. both of these investments are equally beneficial to choose which one is better suited to needs.

[millgates]

Own gold is good since long time ago, even if people don't thrust paper money anymore than gold has big chance to replace paper money. Facts proves that hyperinflation is a common problem with paper money which is not guaranteed by gold, silver and other valuables. Gold to be resistance to inflation and its value tends to rise in the long run. Actually most of countries silently hoard gold.

[coinplus]

Gold usually goes up when economy is bad and economy has been bad for a long time but it also changes from country to country.
For example, a third world country like Venezuela having economical problems doesn't really reflect on gold prices that much however a country like USA gets affected economically would yield a great increase in gold prices since people would rather own gold than stocks on bad market. So, buying gold depends on one thing, if you think a big country like USA or UK or whatever will have a bad economical year or not.

If you look at 2018 you can see that market has already crashed a lot, if you wanted to buy gold you should have done that early 2018, right now it looks like it will recover and gold doesn't seem like a good deal anymore.

[GunsLair]

People choose gold because it is a stable investment that doesn't depend on stocks and protects purchasing power over a long period. Gold is recognized by people as a valuable asset and it has always been and will be a profitable investment.

[South Park]

Gold is a low-risk investment and it is always a good time to hold it. Especially when there are economic ups and downs (which I think that we are on the verge of an economic downturn). My question is why shouldn't we hodl digital gold instead of simple gold.

Bitcoin has the same usage as real gold with one added feature where it may give higher returns in the future!

You can hold whatever you want, holding bitcoin, gold or both are good options, it is just that people have different preferences, gold has been trusted for thousands of years but I do not want to hold gold for decades to get the profits I am looking for, besides holding gold could be made illegal and moving gold can be difficult, while moving bitcoin or any other cryptocurrency can be as easy as just remembering your seed words and you carry nothing with you that could indicate that you are holding cryptocurrencies.

[peonminer]

Gold is a great place to store fiat that you do not want to hold in fiat while it loses value. Gold can be a great hedge to the USD or BTC. I would not hold 100% gold though for investment purposes. It barely fluctuates in price and doesn't pay any dividends.

[shesheboy]

Gold is a big reserve, it always have a stable price, what you earn out of bitcoin and other cryptocurrencies even when the market is bearish can't be earned out of gold even when it is in the bullish run. People who have got lot of fiat to make an investment and wants to secure it without facing any risk could go with gold.

You have a good point there, Owning gold is the best way for this era. This is very obvious now. Central banks are making currencies down
and it is only the gold which will have the price in the market sooner or later. But gold is considered as a long term investment and will be easily liquidated. Gold and bitcoins are the best investments for future purposes and I will guarantee it. Currencies will go down and people will try to hedge their money as well.

we are now in the future . in this kind of era crypto  is more suitable because crypto is new and advance while gold is kinda bit old  . and why are so saying that central banks is making the currencies down ? you mean they dump the crypto ? well the dump is normal and not bothering at all  .  or you mean they dump the local currencies/fiats  ?  fiats wont be dump hard but if ever they got dump they can still recover  .  gold value can always decline if fiats and cryptos decline  , thats what i believe to happen  .