2 ms·
Wait for a few days :-p
by RestlessMind 3y ago
Wait for a few days :-p
- verdverm 3y agoIs there new, real demand to keep prices above $30k forever? Do you think many of those who bought in the 40-60k region are looking to cash out given the opportunity?
- RestlessMind 3y agoGold is worth 2030$/oz right now. Do you see a new, real demand to keep its price about 2K forever? I do see because the entire humanity has agreed to value Gold. Barring a technological advance which floods the market with Gold, I don't see the value cratering anytime soon, simply because there is no other option for the entire world to trust (eg. that rules out national currencies and real estate / stocks in foreign countries, because that is subject to geopolitical winds changing like what happened to assets of Russian government and people). I see the same happening to Bitcoin (a lot of similar properties to Gold, better in some aspects and worse in some other).