Gold will always be a solid investment and a good place to put your crypto profits for the long term- like cold storage
You are viewing a single comment's thread from:
Gold will always be a solid investment and a good place to put your crypto profits for the long term- like cold storage
You should never use a word "always" when it comes to investments.
I agree but gold and silver are a storage of wealth to me not a investment i put fiat that i dont plan on touching for at least 10 years in to gold snd silver
I agree, except for gold...
Can we use 'never ' ? :-p
no
@theessential @hashbox , I agree with both of you... gold could be an interesting place to put some crypto profits (and funny: taking fiat --> crypto --> gold or fiat --> crypto --> fiat --> gold)... AND we "should never use a word always" nor never and ever... cheers.
Luckily, there are bitGold and bitSilver available in BitShares DEX.
Why wouldn't you want the real thing if you dont hold it you dont own it
I would agree in with “always” not being the right word in most context. Gold is a non renewable resource the has done nothing but go up over the years. As the supply becomes more and more scarce it will continue to rise. So I stand by my always remark when talking of gold.
Don't forget that it's possible, and becoming more viable, to mine asteroids in flight. This added variable can significantly increase the supply of metals like platinum, gold, silver, etc.
https://www.reuters.com/article/us-space-mining-asteroids/gold-rush-in-space-asteroid-miners-prepare-but-eye-water-first-idUSBRE9AK0JF20131121
Yes !!! But in that case we have to count the costs of mining and shipping it to earth ...
which costs? with slavery work it is almost for free!
I guess there is plenty of asterioids to go round hahah good point
That is if you believe there is an `Outer Space' to visit, even if we can get there, that everything that NASA puts out, from claimed Moon landings to the manned ISS, from the Space Shuttle to Mars expeditions, is faked, a hoax, or you follow the Bible's teachings that we live on an inescapable, flat, fixed Earth, enclosed in a firmament with just stars, Moon and Sun rotating above us and there is no Universe, as I do. I'll keep buying gold.
The bible never said anything about a flat earth.
If it did, then show me the exact quote. If it has to do with a "four corners of the world" type of mention, which is what I've been lead to assume is the culprit, well, then, you need to take a lesson in metaphors and figures of speech before you jump to conclusions. Not everything ever uttered by man, and perhaps even God, is literal.
Because of tax laws in Canada, it can be more advantageous though to own actual silver or gold instead the bit versions.
mmm.... I don´t know... when do you want gold or silver, you don´t want just a bit, isn´t it?