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/biz/ - Business & Finance

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15954916 No.15954916 [Reply] [Original]

How long is gold for a long-term investment? When you say that gold is a long-term investment, how many years are we talking about? The recession in 2008 did not raise gold prices so much

>> No.15954936
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15954936

Several hundred years at least.

>> No.15954939

>>15954916
dude, just hold for 100 years plus LMAO

>> No.15955005

during the recession shouldn't it go up?

>> No.15955034

>>15955005
People need to sell their gold to cover losses from other investments, therefore gold prices also come under pressure.

>> No.15955039

>>15955034
>buy high sell low
i didnt think this applied to the real world

>> No.15955047

>>15955005
Gold is a hedge against inflation, not against recessions.

>> No.15955055

>>15954916
you just hold it and wait. stop asking questions.

>> No.15955436

>>15955047
>so what would you recommend for someone who wants to profit from the next recession?
Could the next recession be like biz? Exaggerated hyperinflation? In that case it is difficult for the gold to take value

>> No.15956510
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15956510

Tch. Investing in gold. What fucking century are you motherfuckers living in?

>> No.15956565

>>15955047
So bitcoin is better than gold at everything then basically

>> No.15956576

Always a good time to buy gold. Knowing when to sell is a different story. That said, unless asteroid mining takes off you're pretty much guaranteed to make a profit if you buy and hold for 50+ years due to population growth.

>> No.15956592

>>15955039
Selling low when you're pretty much certain you've bought the top >>>> bagholding for a decade or two while you wait for an ATH rebound so you can break even.

>> No.15956598

>>15956576
>Always a good time to buy gold.
>That said, unless asteroid mining takes off you're pretty much guaranteed to make a profit
>unless asteroid mining takes off
>unless asteroid mining takes off
...

>> No.15956625

>>15956598
Asteroid mining probably wont be a profitable thing during our lifetime.

>> No.15957017

>>15956576
So you goldfags
you block your capital in an investment of many years that does not give the same economic returns (which could give the shares)?

>> No.15957038
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15957038

Look at the macro scale. Gold usually stays in bear markets for 20 sometimes 30 years. Its a terrible investment

Anyone that buys gold is falling for the 4000 year old scam. Invest and stocks and protect against inflation with short term bonds

>> No.15957694

>>15954916
You shouldn't be spending your own gold unless there's an emergency. Your cash is your wealth for your lifetime. Gold is for wealth over generations.

>> No.15957722
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15957722

>>15954916
Gold is for however long it takes for a sovereign debt crises to happen. Could 1 year or 10 or whatever.

>> No.15957729

>>15954916
gold is not an investment, its a hedge against (((fiat)))

>> No.15958283

but hedge against what? ... if the stock market performs better, keeping all your money in precious metals is retarded. A similar move could be justified only if both gold and silver soon yield much more than the stock market (recession) or hyperinflation. Which doesn't happen because it's a biz meme

>> No.15958288

>>15957038
You have to be 18 to post here

>> No.15958359

>>15957722
gold hasn't gone up in 2008

>> No.15958372

>>15958359
Fiat wasn’t at risk in 2008.

>> No.15958667

>>15958372
well
sorry but the subprime crisis wouldn't bring fiat to its knees too? Do you say that the crisis and the subprime will have nothing to do with the next recession? And what will the next recession be about? Why SUDDENLY SHOULD BE A VENEZUELA STYLE HYPERINFLATION?

>> No.15959204

sorry but the subprime crisis wouldn't bring fiat to its knees too? Do you say that the crisis and the subprime will have nothing to do with the next recession? And what will the next recession be about? Why SUDDENLY SHOULD BE A VENEZUELA STYLE HYPERINFLATION?

>> No.15959252

read ray dalio's paper about paradigm shifts and you will know why and when, but /biz doesnt read

>> No.15959272

>>15954916
Newfag here. Where do I put some of my money besides an index fund to make sure I have a hedge in case shit hits the fan?

>> No.15959285

>>15955005
dollar crash = gold boom

>> No.15959289

>>15954916
The point of gold is a hedge against the dollar getting fucked, not to yield big returns.

>> No.15959299

>>15956565
Bitcoin has no actual value. People tend to be risk averse during recessions, and considering crypto is an extremely risky asset class it's probably gonna get just as hard if not harder than "safer" assets.

>> No.15959307

>>15955047
The fed tends to print more money during recessions

>> No.15959334

>>15959299
not if you have to park money to avoid taxation or inflation

>> No.15959341

>>15959252
''paradigm shifts''

''muh''

why are you so deep in this apocaliptic shit? The world will simply go crabbing or semi bull for other 5-6 years ...then when recession even your gold will tae an hit... s you retard with your gold in hand when everything it' crashing

Holding all in precious metals is retard. You need cash to buy the SP500 dips and potencial stocks on discount (CRISPR and biotech)

>> No.15959348

>>15959272
Don't put your money in equities period. Only have money in companies that you trust and have done a ton of research on. Index funds will crash hard and the fact that everyone is talking about index funds right now is an indicator that the fall is gonna be massive.

>> No.15959363

>>15959334
Bitcoin isn't money. It lacks the physical properties of gold, therefore it has no intrinsic value.
Maybe it will in the future, but right now it doesn't and its widely viewed as very sketchy. Therefore people won't buy it during a recession. Just basic logical deduction my dude.

>> No.15959378

>>15959307
what does this mean?
>>15959334
park money against 4% inflation in something that has an average daily volatility of 20%?
seems to be quite retarded... and no one will do it obviosuly.

>> No.15959410

>>15959363
>bitcoin isnt money
exactly but it CAN be money, just like gold
it is decoupled from every other asset class and that for itself is value.
>>15959378
i am not talking about 4% inflation

>> No.15959418

>>15954916
Hers the deal the whole world is going to be third world like except for a few distopian nightmare smart cities. Gold is going know where but up long term. Its going to be the base of the new financial system I give it a mc of 250 trillion by 2040.

>> No.15959449

>>15959410
It CAN be money, but here's the thing: literally nobody gives a fuck about the technology.
People get very emotional during recessions, and risky assets tend to do worse because of that. Nothing will ever change that fact. Bitcoin needs to shake it's reputation as being shady before any amount of trust in it can be built.

>> No.15959778

>>15954916
until the price suppression stops

>> No.15959801

>>15959410
>i am not talking about 4% inflation
what are you talking about?

>> No.15959818

>>15959449
>risky assets
what are non risky assets during a recession?
Food companies?