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Author Topic: Gold to the moon  (Read 6730 times)
thompete
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February 12, 2015, 07:42:30 PM
 #81

you are simply simply crazy my friend , if gold ever goes to the moon , we'll just have crazy scientists ruining it by printing gold.

The current price is already too good. I don't think they have ever been able to print gold, because they would already profit a lot at the current price.

grendel25
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February 13, 2015, 03:54:12 AM
 #82

Not in the current economy.  Maybe if greed is allowed to rule markets but there is the capability for better oversight which will make economies more stable and gold less attractive.  It's more of an age where value is determined by what you can produce.  Gold sits there and doesn't produce anything.  It's expensive to mine and is better used in applications that don't include currency exchange.  Gold has been dead for decades but the world hasn't woken up to that reality yet.

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kitarohotono
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February 13, 2015, 08:47:47 PM
 #83

bloomberg says americans buying lots of gold chains http://www.bloomberg.com/news/articles/2015-02-13/gold-is-back-at-least-for-valentine-s-day-romance-commodities
bigkahuna
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February 20, 2015, 08:15:50 PM
 #84

Gold versus Bitcoin? It depends on why you need Bitcoin? To trade, transfer and pay for products naturally Bitcoin.

To invest, I would lean towards gold.
hashman
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February 20, 2015, 09:07:34 PM
 #85

Not in the current economy.  Maybe if greed is allowed to rule markets but there is the capability for better oversight which will make economies more stable and gold less attractive.  It's more of an age where value is determined by what you can produce.  Gold sits there and doesn't produce anything.  It's expensive to mine and is better used in applications that don't include currency exchange.  Gold has been dead for decades but the world hasn't woken up to that reality yet.

Could be.  Sometimes I worry the biggest gold holders will have an incentive to cut the power for a little while. 
ajareselde
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February 20, 2015, 09:57:21 PM
 #86

Gold versus Bitcoin? It depends on why you need Bitcoin? To trade, transfer and pay for products naturally Bitcoin.

To invest, I would lean towards gold.

To invest and make profits, you need to take a risk, and both bitcoin and gold are a good for investing, but while gold offers safer and lower returns, bitcoin
on the other hand offers not so safe, but possible very high returns. So in the end , its just a matter of taste what u like more. I choose bitcoin, and altho i realise the risk is great, i cant help myself thinking about all the possible gains i could get one day in return. Your money, your decision.
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