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[Horia_10]

Gold is a precious metal which falls under the commodities sector and has been on decline but yoy ( year to year ) value gain is more than 10% , while Crypto market is down by 40% since last 6 months

Do you think gold is worth investing at this moment watching the current scenario of the world ?

My point is that ; it has always acted and proven itself as inflation hedge ! What is your thoughts on gold investing ?

Share your thoughts ?

 

[Niftyicon]

Gold is a precious metal which falls under the commodities sector and has been on decline but yoy ( year to year ) value gain is more than 10% , while Crypto market is down by 40% since last 6 months

Do you think gold is worth investing at this moment watching the current scenario of the world ?

My point is that ; it has always acted and proven itself as inflation hedge ! What is your thoughts on gold investing ?

Share your thoughts ?

There was a time everyone was screaming that cryptocurrencies is the most useful hedge against inflation and as much as I wouldn't disagree with that notion, Gold has proved to be a safer bet in comparison.
Personally, I have never invested in Gold but I think it is worthy of being added to one's investment portfolio with the way the global economy is.

 

[Ridorz]

Gold investment is one of the best ways of saving money and gaining profit Without much risk. I am yet to invest in gold but my uncle does. Gold is not like a cryptocurrency that can make investors lose a lot of money within a day. Therefore, I can say gold is worth the investment always.

 

[Pousinha]

I agree: gold investment is better than cryptocurrencies. These latter can melt like snow, as we saw the end of terra/luna. Someone says this can happen even to the bitcoin, in spite of being the cryptocurrencies king (OK, I find it very, very difficult, but not impossible). Gold doesn't melt and in spite it's not that a make a big fortune investment (but I think, in any way, not any investment owns this feature), it's very much safer, compared to cryptocurrencies. OK, gold carries the duty to correctly store it, cause it can get stolen at the slightest lapse.

 

[Josemendez]

Gold investment has always been a profitable source of income and more, a legally accepted investment. The only challenge with Gold investment is the fact that it is costly. One can not easily start it as it is with cryptocurrency and other forms of investment. Again selling it doesn't happen fast as it is with other assets.

 

[a_jerobon]

Gold investment was an investment method that was so popular in the past generations. I don't think that it is still so profitable to get into it in this day and age. This generation understands cryptocurrency investment and forex trading way better and that makes them the most profitable investments to try right now. It is great to always move with the trends when it comes to money making.

 

[BullyMaguire]

No. For me right now it's better to buy assets that is in low that has a potential to double faster than gold cam ever do. While buying gold can be much more secure and safe. With how much can you afford to buy how much will your profits be? Not even double i assume. So that's why for me no.

 

[Ofonime]

No. For me right now it's better to buy assets that is in low that has a potential to double faster than gold cam ever do. While buying gold can be much more secure and safe. With how much can you afford to buy how much will your profits be? Not even double i assume. So that's why for me no.

Gold trading is very profitable even till now if you are trading on gold its yeild better profit I can remember some of my old folks that are doing this business they are still trading well and make alot of money from it.
I have not use gold before am talking trading with it but obviously people are still making money from the business

 

[Jack / 47 F1]

Gold is a precious metal which falls under the commodities sector and has been on decline but yoy ( year to year ) value gain is more than 10% , while Crypto market is down by 40% since last 6 months

Do you think gold is worth investing at this moment watching the current scenario of the world ?

My point is that ; it has always acted and proven itself as inflation hedge ! What is your thoughts on gold investing ?

Share your thoughts ?

gold & its little brother silver, have always been a safe hedge against inflation. its a safe haven to store your money. the price goes up & down like any commodity but gold & silver always maintain their buying power. historically, since ancient times, gold & silver were considered as value. many ancient civilizations used pure gold & silver in their coins.

gold & silver get put down by the economic idiots & the governments. they want people to hold, buy, use, etc. fiat currencies. the usa dollar was backed by gold until the early 1970´s until prez nixon took the dollar off the gold standard. many central banks are now buying huge amounts of gold to store in their vaults. the usa dollar as the world currency is fast losing favor among countries, as they now produce dollars willy nilly & deflate its buying power.

the best way to buy gold & silver is in ingots / bars, you pay a smaller premium. or in coins but dont get fooled into buying high valued historical coins. always buy gold or silver using their melt value as their basic price, plus the premium. you can even find some bargain gold & silver coins from some countries treasuries. ask at your local bank what coins your countries offer.

 

[Jack / 47 F1]

what i forgot to mention is that gold & silver are for long term investing & to store your wealth.

 

[Pousinha]

Lingots in my country are a while complicated. First of all, at least if you don't live in one of the most industrialized capitals, you are forcec to online purchasing. And here, you must know if the company that sells lingots is reliable. Ok, you can google various times to search for realibility. Then, depending on the price, you are subject to a mammoth bureaucracy (beginning with a tax report out of its usual timing and if you are not so able to manage the online sheets to fill for Revenue's sake, you also need an urgent accountant service with his/her huge fees). You need to know that companies selling golden lingots, immediatly inform the Revenue about your purchasing. Various jewellery shops, selling golden and silver jewels, even don't ask for your social security number.

 

[iamawriter]

I have so far not come across anyone selling gold and making profit. Gold is bought mostly for women and sold when money is required desperately and at that time no one looks at what level the value has reached.

 

[Jack / 47 F1]

Lingots in my country are a while complicated. First of all, at least if you don't live in one of the most industrialized capitals, you are forcec to online purchasing. And here, you must know if the company that sells lingots is reliable. Ok, you can google various times to search for realibility. Then, depending on the price, you are subject to a mammoth bureaucracy (beginning with a tax report out of its usual timing and if you are not so able to manage the online sheets to fill for Revenue's sake, you also need an urgent accountant service with his/her huge fees). You need to know that companies selling golden lingots, immediatly inform the Revenue about your purchasing. Various jewellery shops, selling golden and silver jewels, even don't ask for your social security number.

here is a very good & reliable online gold & silver shop. they are based in the usa. maybe you can look into them. i have bought from them a couple of times over the yrs. they sell all types of coins, ingots, rounds, etc. i am not associated with the company, i am just a client of theirs & have been very happy with their prices, services, etc. they have very good prices. you can also sign up for their news letter, very informative. good luck. " money metals ( dot ) com. "

 

[Skysaint]

The honest truth is that I know very clearly that gold was indeed an asset but it never came to my mind that people do also invest in them until recently. I knew about investing in cryptocurrency before I discovered that people also invested in gold.
Well, I think it's a good thing because the asset is a great treasure in our world today but the truth is that once another thing is being discovered to be more precious than it, it will definitely start losing value.

 

[MayorKayz]

Gold has always been a good and lucrative investment even before the existence of cryptocurrency. Gold is not an investment tht will fall in price for years befote it retain it's previous price before it now gain profit. One this I know about gold is that it's price always appreciate just like land property

 

[a_jerobon]

Gold has always been a good and lucrative investment even before the existence of cryptocurrency. Gold is not an investment tht will fall in price for years befote it retain it's previous price before it now gain profit. One this I know about gold is that it's price always appreciate just like land property

That is true. Gold still has value because of it's various uses such as in making jewelry. So it will still hold some value that appreciates with time. However, it's popularity cannot be compared to that of cryptocurrencies. So many people in the world are investing into cryptocurrencies more than they do with gold.

 

[MayorKayz]

That is true. Gold still has value because of it's various uses such as in making jewelry. So it will still hold some value that appreciates with time. However, it's popularity cannot be compared to that of cryptocurrencies. So many people in the world are investing into cryptocurrencies more than they do with gold.

Gold is really not an investment but an asset that can stand as an investment because of its ability to appreciate in price and also it is an asset that it's value never depreciate no matter how old the gold is. The price will always grow. So it is like saving our money and having some profit with it.

 

[ELSA-ELI]

I have been studying on how 8 can make some investments in gold but I have not just been convinced on how I can buy gold physically.But digitally yes it is pretty easy to buy metals like gold as stocks then when they appreciate you sell.

But the basic knowledge I have has just never allowed me to venture into gold.

 

[Marcelino1]

Gold has always been one of the best kind of investment you can make because it is much more dependable than Bitcoin.

A lot of people are calling bitcoin the digital gold and they are not lying but Gold seems to be a better investment because it is much more reliable unlike bitcoin that is very volatile.

I am among those who are yet to invest in gold but if I get the perfect opportunity I will probably do that.

 

[TAH123]

I personally have never invested in gold. But I did some digging. I found out it's a good investment. It is much profitable. It is much more stable than crypto. I think it is probably a better investment than crypto as crypto market is so volatile amd there are more risk in crypto