Post
Topic
Board Economics
Re: Commodities Gold/ Silver
by
timerland
on 09/11/2018, 23:06:37 UTC
We all know that Cryptocurrency will be big in 3 to 5 years time. However do you believe that gold and/ or silver are alternative investments as well?

Discuss

I wouldn't put too much money into silver/gold simply because I believe that crypto has a lot more potential in the long run, and that crypto is most likely going to replace the traditional roles played by precious metals within the market as a safe haven in the future.

However, I really can't say that you could go too bad with investing in them as a hedge against inflation - they are exactly that, and even though they will probably never outpace the growth of crypto, they will still hold up their value much better than fiats will in the long term.

But if you do invest, all I can say is only invest in physical metals. Buying ETFs or derivatives defeats the purpose of this "safe haven", imo.