Gold's situation is pretty neutral right now due to mixed signals. On one hand, stagflation might hit hard in 2025, which is typically good news for gold. But on the flip side, the Fed isn't looking to devalue the dollar just yet, as they're dealing with inflation again. So basically, gold's caught in this weird spot with demand kind of shaky.
Well its existence be always scarce. Remember its a naturally occuring substance and got some limited sources as time pass by. So it will still do good in the long term even Feds could do something to make it stagnant. Its like bitcoin with supply will come to decrease as it continue to be mine by companies on different parts of the world.
Gold has always been a slow mover. It wont make you rich overnight. It probably wont make you rich ever. If you are investing in gold, it will be your kids who will enjoy that wealth when you are dead. Keep that in mind when you are buying so you wont get angry when you realize it wont ever rocket like crypto.
If you have no problems with waiting, I mean if time isnt an issue, you could also buy an index fund and it will give you slightly better returns and it is a more liquid market.
Gold will only moon when the end of humanity arrives and trust me you wont care about your gold when that happens.
Gold performance is stagnant in my opinion when comparing its price over time. Since gold is a natural asset not a man-made one, it will continue to depreciate over time. Indeed, its price is currently rising and the current price increase is very noticeable to me and the people around me. However, I think gold performance is slow.
Globally, I need the statistics to know how it is performing.
In addition to what you said, gold actually has a fairly equal opponent in the global market, namely Bitcoin and also several other metals that are still being targeted by most people to buy so that has affected the volume of gold demand in the market. Gold can be bought for the expectation of a very stable store of value because its price movement is still relatively slow when compared to Bitcoin, while most buyers and investors still prefer to buy assets that can move faster in terms of price increases so there are now more investors and buyers looking at Bitcoin although they may not have ignored gold as a target that they can take advantage of at certain moments.
Gold is good but only in the form of Jewelry for women. (I'm not sure why people compare it for the returns value it's not meant to be volatile and that s it's beauty)
There is another option for storing value these days, and I'm sure you know about it: Bitcoin. (Volatility is the beauty here)
Avoid the digital version of gold, go for Bitcoin aka new digital Gold haha that's more worth it .
I believe this is one of the reasons other investors are going into Bitcoin, just because of the faster volatility and the possible profit that you could make if you make the right decisions. Definitely, digital gold is better, and the performance is better, especially if you are on the right track, whether its shorting or longing the market.
We can't fully draw a conclusion on the market performance of gold only because of the little occurrence we had with it recently, gold is one of the asset that we can always get the actual direction for it's pattern since it's a centralized asset a d we can make use of the economic instrument in determining for what to expect regarding its performance in the market, for now, we should be more bullish as well as it's demands keep increasing, this cannot determine the inflation rate on dollar or it's valuation in the market since there are a lot of indicators that works along
Actually we can draw conclusion base on it's market performance as it is one of the world's oldest asset as compare to it's digital asset in Bitcoin. And I do agree with what other says, that in the last 10 years or so, Gold performance is slow although you can attribute it as steady and not as volatile as before.
So maybe it will be bullish but then there is no major significant increase, but still good to hold and used it as a hedge. And there will be gold bugs in the next year or so and treat gold as something that will save them if another economic downturn appear as Gold has proven itself throughout history.
Gold is not volatile and it was always a slow mover. That's why a lot of families like to invest in gold because it is mostly used for capital protection besides other utilities. Gold is a natural resource and the supply is limited. Also it has many industrial usage in today's modern world. So unlike many other resources, the demand for gold will always be increasing which will eventually lead to price increase. It's not wise to look for quick price movement in gold. We have cryptos for such trading opportunities.
But if you invest in gold (not trade) and hold it for long term, it will give you a decent return for sure! Just go to Google and see the historical price trend, you will understand!
Whether we are talking about a centralized asset like gold or a decentralized asset like BTC, we can always draw a conclusion, and that does not mean that we are always accurate. As you said, gold is the oldest. It is also popular, so which means demand is always there. It is just that is more stable than in BTC, therefore I won't say that its performance is slow. I haven't heard that gold also has a bullish and bearish cycle but I think it is always bullish. This is why yeah, it is always good to hold. It is also not a currency like BTC for us to just spend it regularly.
looking at the fundamentals with proper understanding of them the way it affects the chart will actually go a really long way in the chart projections and help build better and realistic goals looking at them as many others others have preferred to just make their assumptions based off the other seen around but then same persons would prefer their opinion based of the chart which is a good one but in this context, Fundamentals is the best.
what makes you say gold is centralized?
I can buy it in thousands of places and I can store it where ever I want.
Could you answer me so that I can understand your belief that it is centralized.
This gold is definitely poised to be less volatile than the bitcoin asset we already compare it to, its mining seems its should be like that, it is not readily accessible or say mined like the bitcoin reason why it even have the ability to increase in price but not as bitcoin. The Gold to me hasnt been a thing used for profit wise while storing but rather something which is an hedge against inflation eating up other currencies, keeping it for too long will simply just make it profitable because it will worth more as the currency pegged to it devalues
That's right. Gold mining is complicated because it requires different tools than Bitcoin. Gold that I know the reason why people store it is because it is a hedge even though the increase process has been proven to be slow. If people want to get a fast increase process that makes them get a quick return, then they choose other assets.
For me, Bitcoin is very complete. It only takes patience then they can get profit besides hedging.
If you look at the numbers for Gold, it's average return is around 8%-10%. And if we compare it to Bitcoin, we know how it grows since it's inception, then definitely it's really very slow. Yes, there is still a demand, it is stable, resilient and very attractive. But then again, diversification in the key in investment, so much better to also have Bitcoin in your portfolio as it also shows the same characteristics and it's good as store of value.
And when you say that Gold has bullish or bearish, I will assume it will remain on sideways pattern? If that is the case then it's better to move some to Bitcoin as well. Both have their strengths and weaknesses, if there will be a choice, personally, I will stick to Bitcoin. And how many of us here when we say Gold, we physically think of Gold bullion? Which for some is impossible to acquire.
Covering the right tracks in trading is important, we're independent on ourselves and strategies, one of the clue reasons we care for our own very safety in the market. Bitcoin have remained the top project in the market, we smiled because we've seen more outcome that one could possibly lean our backs on. Investors will only invest in projects they sense would fetch them more profits. Who wouldn't care for a spot to be in the opening trading position of crypto? We trade because we're here to accumulate profits for our objectives and certainly not the other way round.
exactly that and gold has been doing pretty well anyway if you look from yearly performance.
I think people are also hesitating to buy gold because price already deemed to high, I mean it literally just rallying since mid 2023 up till now with small corrections along the way but the overall chart is still climbing.
I also think that gold's good performance contributed by the people's fear of geopolitical uncertainty as well and currently things seem to be just walking in the same place.
Gold and crypto enthusiast here as well.
Whenever clients ask us about buying gold, I usually frame it this way: dont think of gold as going up think of your dollar going down. Its not always that gold is becoming more valuable, its that your purchasing power is shrinking.
Weve seen it clearly in the past few years golds price is rising, sure, but it's because more dollars are chasing the same ounces. People say the dollar is strong because theyre comparing it to other inflating currencies. Its like saying your boat is sinking slower than the others still sinking.
Gold is the ultimate safety net. If you're in your early 20s, maybe it's time to take risks. Youve got time to recover. But once you start a family or build real assets, even a 1% allocation in gold makes sense. By your 40s or 50s, scaling that up to 10% or more isn't crazy especially if youve seen how fast digital wealth can evaporate.
Your risk tolerance should evolve with your life stage.
The price of gold always moves slowly, but this year the price of gold has gone up by a lot, which no one has generally imagined. And the current condition in the outside world will make the value of paper money disappear day by day. And the circulation of fiat money may end day by day because the war inflation in the outside world is gradually pushing people away from money. And everyone wants to accumulate some assets whose value will never be and in that case gold is a favorite asset of everyone. So currently the demand for gold is very high, so the price of gold is increasing at a very fast pace. And some analysis says that the price of gold will soon exceed $ 10k per ounce.