What you think Gold Savings is good or not?

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#1 Thu, Mar 12, 2020 - 2:29am
Angela Jones
Artesia, NM
Joined: Mar 12, 2020

What you think Gold Savings is good or not?

Hey guys, I want to know your opinions that you like to save gold or not? If not then what's the reason?

Angela Jones >> Learn how to Save Gold? | Gold Savings Account | Buy Gold Online

Thu, Mar 12, 2020 - 7:18am
Joined: Jan 20, 2013


My humble view is that gold is near the upper edge of a ten year range price has fluctuated in.

Any trader (short term) will therefore say that the odds are in favour of a decline back to the lower edge of that ten year price range. You can see it easily on eg a chart.


There is currently a massive stress within the world's financial pricing and crowd control systems. Corruption is being revealed. Something may give.

A move to a fresh paradigm would involve changes of leaderships of large countries, new centrist parties (called populist by the current leftist parties of right and left). This would weaken forces constraining prices of commodities.

Food prices would rise for example. Gold might also. As would wages. (You see, if the currencies fall the banks lose out when people repay their loans with lower value money in the future) So a battle between inflationists (popular politics) and deflationists (the established financial industry dominated politics) is under way.

So if this all begins to happen, gold may still have a long way to go upwards.

Summary: in my view, not investment advice, a small rise in the price of gold, and refusal of gold to relinquish that small rise, will demonstrate that a new situation has come into existence wherein gold has a floor under it supporting its price.

This is called by some people, an inflection point, where the coin of randomness is temporarily on its edge, and we await it beginning to move to either side to make our longer plans.

This post I made earlier discussed the same issue, but in terms of management changes in large corporations and social mood swings which cause prices to change.

argentus maximus

Rhythm and Price http://www.greenhobbymodel.com/rhythmnprice.html

This analyst - global markets

Thu, Mar 12, 2020 - 2:42pm
Madison, WI
Joined: Jun 19, 2012

Save gold...

For several years many countries/governments have been purchasing physical gold.

The pricing we see today is not the result of physical gold sales, but futures contracts and other paper derivatives, which all told are many multiples of available, physical gold.

Why did those entities buy physical? To prepare for the end of the current financial system, which may well be right now. The COVID-19 virus is the straw breaking the camel's back.

Mon, Jun 15, 2020 - 4:11pm
Manhattan, NY
Joined: May 26, 2020

Gold Investing can be good...

...but it also depends on your investment approach. Some invest in gold to prepare for the Doomsday scenario when the economic system collapses entirely. Gold and silver coins could be good for trading in that case. However, many also buy gold and other precious metals to hedge their stock portfolios against inflation, which is something the US may have to deal with. Gold can also be very liquid. Furthermore, gold carries its own intrinsic value, so it is less likely to become worthless since it is a rare precious metal. If you want to start investing but you aren't sure where to start, we have a Learning Center that you might find helpful on our website. https://bullionexchanges.com/learn