Post
Topic
Board Economics
Re: Will people come back to gold
by
shesheboy
on 08/02/2019, 02:58:46 UTC
I don't know exactly about the other regions but from ASIA you cannot take gold away. They are crazy about gold and they are ready to invest in gold any time. I think this year investors are more interested in Gold as compared to crypto currency. Now Let's wait for the mid January to have an idea of BTC price.
Yes i do absolutely agree with this statement, Im from indonesia and i do admit people in my country really crazy with gold and they do not think that stock and cryptocurrency are a good way to invest their money. I think gold still the best investment in asia and the demand is really high and many people still think that gold are the best way to store value.

Im also from asia and i see that many people likes to buy gold ( not the actual gold ) but jewelries made of pure gold because they can afford to it easily but thats acceptable because gold is more well known that bitcoin or any other cryptos .  other people here do also love cryptos and they even invest with it .  as soon as crypto will become popular , it can also compete with gold because people see it as a profitable investment tool  .