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GFED 08-07-2019 03:45 PM

Silver vs gold vs Bitcoin.
 
What are your long term thoughts for the next 10 years? We are currently at a historical high for the dollar. Nevertheless bonds have been going up for the past 10 months straight. What do you think about the FED backing off on interest rates and how it will affect the dollar?

bns666 08-07-2019 04:24 PM

crypto vegan crowdfunding ftw.

OneHungLo 08-07-2019 05:00 PM

I like gold. I bought a lot back in '05 and bought some more in '14. Physical gold. Everything is cyclical and since we've been on a pretty crazy run up, eventually shit is going to turn south and I feel like gold could hit 2-3k an oz.

shake 08-07-2019 06:00 PM

We're getting close to a major stock market correction, so be ready to purchase your favorite stocks on sale. Personally I also own gold and some bitcoin. I see more opportunity with Bitcoin business opportunities than just an investment at this point.

$5 submissions 08-07-2019 10:39 PM

Personally, I find BTC vs real estate as the more appropriate comparison.

PR_Glen 08-08-2019 05:19 AM

Quote:

Originally Posted by OneHungLo (Post 22514418)
I like gold. I bought a lot back in '05 and bought some more in '14. Physical gold. Everything is cyclical and since we've been on a pretty crazy run up, eventually shit is going to turn south and I feel like gold could hit 2-3k an oz.

gold buys are generally a safety against a crash, sure, but for the most part it does not sky rocket in times of recession. It's crazy increase in value in our recent past, if anything, has just over inflated its worth in itself. Which in a way makes it more volatile than ever. Which sounds crazy I know, but that is just straight up fibonacci.

long term it always goes up yes, but real estate goes up faster in general.

pornmasta 08-08-2019 05:59 AM

Yellow cake ;)

peter100 08-08-2019 11:03 AM

I believe that you should not put all your money in one basket , at a certain period gold was booming , properties are a great investment in certain countries and some for short period and another on long period..... BTC was down at the beginning of the year and now it increased a lot.... diversified investments are better and safer but you should know where and how to invest to minimize your lose..

OneHungLo 08-08-2019 12:17 PM

Quote:

Originally Posted by PR_Glen (Post 22514602)
gold buys are generally a safety against a crash, sure, but for the most part it does not sky rocket in times of recession. It's crazy increase in value in our recent past, if anything, has just over inflated its worth in itself. Which in a way makes it more volatile than ever. Which sounds crazy I know, but that is just straight up fibonacci.

long term it always goes up yes, but real estate goes up faster in general.

Sure, but out of the 3 that's what I own and like. It's better than cash, has high liquidity and a stable market. The funny thing is, I bought a lot back in '05 @ $500 an oz when all the threats of obscenity prosecutions were looming around. I figured I'd buy enough to mount a decent legal defense if I ever found myself in that predicament. Luckily I didn't have any issues and just held on to it. I even bought some more in '14 @ $1240.

I'm about 12% in gold right now. I'm also 33% in real estate, 33% in stocks, and I have 23% sitting in cash.

Ferus 08-08-2019 12:38 PM

70% stocks (mostly alternative energy)
30% real estate

Tasty1 08-08-2019 01:22 PM

Where i live there is 21% VAT on silver and 0% on gold if you buy physical cause gold is a sort of payment method, like normal money.

NaughtyRob 08-08-2019 03:13 PM

Hey mods.... Is his sig considered political? Just saying. :pimp
Not sure if political sigs are against the rules, figured I'd point it out.

Quote:

Originally Posted by OneHungLo (Post 22514804)
Sure, but out of the 3 that's what I own and like. It's better than cash, has high liquidity and a stable market. The funny thing is, I bought a lot back in '05 @ $500 an oz when all the threats of obscenity prosecutions were looming around. I figured I'd buy enough to mount a decent legal defense if I ever found myself in that predicament. Luckily I didn't have any issues and just held on to it. I even bought some more in '14 @ $1240.

I'm about 12% in gold right now. I'm also 33% in real estate, 33% in stocks, and I have 23% sitting in cash.


ilnjscb 08-08-2019 03:50 PM

No question we'll all move toward some sort of digital currency.

Cyber Fucker 08-08-2019 04:04 PM

gold > silver > bitcoin

jscott 08-09-2019 02:49 PM

Quote:

Originally Posted by ilnjscb (Post 22514863)
No question we'll all move toward some sort of digital currency.

I agree, and those innovators willing to bet on the future of digital currency will be rewarded, as they should :thumbsup

A bright and more fair future is coming to finance, one word, Bitcoin :thumbsup

klinton 08-09-2019 09:47 PM

Quote:

Originally Posted by Tasty1 (Post 22514830)
Where i live there is 21% VAT on silver and 0% on gold if you buy physical cause gold is a sort of payment method, like normal money.

??? where is this ?

Tasty1 08-09-2019 10:29 PM

Quote:

Originally Posted by klinton (Post 22515378)
??? where is this ?

In Holland, but i guess in whole Europe.

klinton 08-10-2019 09:34 PM

Quote:

Originally Posted by Tasty1 (Post 22515385)
In Holland, but i guess in whole Europe.

doesnt sound like a vat paradise, at all:winkwink:


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