Post
Topic
Board Economics
Re: Bitcoin or Gold? What would you pick?
by
deisik
on 15/08/2015, 20:57:17 UTC
of course I chose gold, gold prices will always increase

Lol... then what is your opinion about the recent slump in gold prices? There is no guarantee that the gold prices will increase for ever. For example, the prices have dropped from $1,800 per oz in 2011 to $1,090 per oz as of now. A part of the blame can be put on the strong dollar, but we should remember that the fall in gold price was more pronounced than that of the other commodities.

Oil traders massively beg to differ...