Gold to the moon

[youngmike]

Soon global stock market which is completely priced out of it's fundamentals with the free loan money printed by central banks, is going to crash and
dumb money running to precious metals  

[WhatsBitcoin]

Gold like other commodities will continue to drop. I see bitcoin more of a commodity then currency right now myself as very few businesses accept it. Both will continue to drop in the near future I think.

[steelhouse]

Soon global stock market which is completely priced out of it's fundamentals with the free loan money printed by central banks, is going to crash and
dumb money running to precious metals  

Silver and gold are real assets and wealth.  Might be in a 1000 year bubble. 

[hua_hui]

Gold is seen as safe haven specially being inflation and in chaos of some region. Ppl will rush to buy it. Gold is important resource of the industry, comparing with bitcoin which is just cryptocurrency and existing on Internet. And there is no other utility. The price of bitcoin is possible to drop to zero, but for gold it is impossible!

[NUFCrichard]

It was after the collapse of 2008 that Gold soared.  There are rumours that Russia is selling gold to prop up their economy, that wouldn't be good for the price.
If I was in charge, I would buy more gold and back the rouble with gold.  They can meet in the middle as the rouble collapses and they buy more gold!

[btckold24]

I also agree GLD will rise. Normally I try to have about 5% of my investments in options regarding gold. I am now starting to take positions in physical gold and the ETF.

[rogerdonkey]

its easy for gold price rise up. because so many people say gold is good for invesment.

[zoukenn]

If gold will go to the moon (in terms of price), we will see Russia the next super-power country of the world ! Actually Russia is the richest gold country of the world

[krishatnet]

Gold price is dependent on dollor price nowadays gold price is volatile. Better to stick to bitcoin for investment purpose.

[Amph]

gold has zero potential unlike bitcoin

[Kearney52]

this year gold dump as bitcoin

[rogerdonkey]

it's just shortly gold pumping and after new year, price will dump again

[STT]

gold has zero potential unlike bitcoin

Gold has uses its just it comes at high cost as we know mining is no simple thing and it takes about 10 years to setup a new operation in a new area.   Bitcoin costs in theory should make it much more appealing but its not right to say theres no use for the higher cost of gold. Its a very new thing that bitcoin could be reliable and available globally like the economy of gold demand provides

[lightfoot]

Actually gold does have a tangible value (you can squish a bug with it) while bitcoin has no inherent value (the solving of SHA256 hashes is specifically pointless). Given that we are in a near-deflationary economy (in the US and in Switzerland) it's not doing a whole lot.

[Possum577]

And where does this put the alltechy BTC?

[Agestorzrxx]

gold has zero potential unlike bitcoin

Exactly.

[Q7]

Gold has been considered the same haven and widely used ever since the beginning of civilization. Will this stature change even as our civilization getting more technologically advanced?? No i don't think so. As for bitcoin it will find its niche once more and more people recognize its existence but whether it can achieve the status similar to gold remains a question mark.

[NUFCrichard]

gold has zero potential unlike bitcoin

Exactly.

It has 6000 years of history though, I like both gold and bitcoin, but let's not forget which is more established!

[calchuchesta]

Soon global stock market which is completely priced out of it's fundamentals with the free loan money printed by central banks, is going to crash and
dumb money running to precious metals  

Silver and gold are real assets and wealth.  Might be in a 1000 year bubble. 

Gold will forever be something desirable unless technology caters for actual creation of Gold out of nothing.

Bitcoin has the real potential to grow tho.

[bitcon]

i feel more confident carrying my btc wallet than my gold pouch to the store to be able to purchase something.   especially online purchases