Post
Topic
Board Economics
Re: Is now a good time to buy Gold?
by
Faisal2202
on 17/01/2025, 20:13:41 UTC
Gold's been all over the news ever since countries started to stockpile more of it (due to rising geopolitical tensions). It went almost past $2,800 only to go back to $2,668.

I wonder if I should get in now, or wait a little further? At the pace Gold is going, I think it will reach $3k soon. However, Trump's promise to end wars might put a stop to the craze. At least, temporarily.

What are your suggestions/recommendations? Your input would be greatly appreciated. Thank you. Smiley
If there will be stop to the craze, then maybe people won't buy more gold to save their assets, and nowadays the rich consider BTC digital gold too because unlike real gold you don't have to worry about the place to keep this gold (BTC) you can place it in your pocket and can move to another country without any problem.

The real portability feature is in that and the fun point is no one can know that you have money worth of tons of gold in one of your pockets, hehe. If someone wants to profit from Gold this can be good point from your POV because I don't trade it so if you think the time is here as gold can easily hit $3k then go for it but with analysis.