Why it makes sense to invest in gold: production of gold cost efficiency, money printing, demand, supply

Person who bought gold in value of 1000$ in 2005, would sell it for 10,000$ in 2025.

thus the return of investment is 10 times larger than investment over 20 years.

In future, this could be even higher.

So someone who invests 1000$ in gold now, can expect over 10,000$ return after 20 years.

this is a long term investment, but probably one of safest investments in existence, along with investment in desirable land and/or houses in cases where taxes involving those arent too high.

Invest in yourself Lucy, by cutting down on sugar and increasing cardiovascular exercises.

I already do workout, push ups, weight lifting, dips...ect.

But this is about investments. I also plan to expand investments to bitcoin a bit, and also monero if I succeed in figuring out how to mine monero efficiently. From what I understand, bitcoin mining is no longer good, and mining on average PC only gives 40 cents a month unless you pay for cloud miners. Monero could maybe give more, and also has potential to grow in value a lot, tho I think bitcoin is obviously going to increase in value a lot in future.

So how do/did you acquire investment capital?

Your commentary is mostly good, but gold is/should be a long term investment, longer even than 20 years. Why sell if selling isn’t necessary? I’ve been buying gold since late 70s when Carter was messing with the economy. I now own physical gold (not just paper, which has no intrinsic value, even when “representing” gold shares); just over 100 lbs. Silver , too. Never have sold an ounce. Never needed to sell, so, I don’t.

gold is/should be a long term investment, longer even than 20 years.

I agree, I was just using an example of what person can reasonably expect after 20 years.

Why sell if selling isn’t necessary?

When it comes to selling gold, it is only sold when necessary, and it is sold gradually. Selling gradually is also crucial because it maximizes value. Like, you sell some of it now if necessary, but let the rest of it wait and gain more value to be sold later.

I’ve been buying gold since late 70s when Carter was messing with the economy. I now own physical gold (not just paper, which has no intrinsic value, even when “representing” gold shares); just over 100 lbs. Silver , too. Never have sold an ounce. Never needed to sell, so, I don’t.

And I agree that person should only sell gold when necessary, and only sell how much is necessary to sell, not all.

And yes, unless something drastically changes, gold long term value gain is extremely high.

Now, silver I dont invest in much because it is somewhat lower growth than gold, and also, selling it later can be more difficult, especially in my country where people who trade gold exist locally in city, while silver trade doesnt exist in city outside jewelry and online trade.

Dont get me wrong, I am not saying person shouldnt invest in silver. But person should invest more in gold than in silver. there is a possibility silver will grow more than gold in future, but that possibility is low in chance. Still, investing in silver in small amount is safe, and achieves higher diversity of investments, which is crucial when investing.

Just to be clear, dont invest in silver jewelry. Silver coins or silver bars offer much higher gram to dollar ratio when buying. Silver jewelry is useless to invest in, because you pay much more for same amount of silver, and might have difficulty selling later.

Gold jewelry is solid investment, better than silver jewelry, but inferior to gold bars if you are later selling based on gold content alone.

At the rate gold has increased. It is the best investment second to bitcoin.

I do have a very small investment in bitcoin. But yeah, if bitcoin increases in value 10000 times in next 20 years, I am basically a millionaire.

If you invested 1000 $ on bitcoin 20 years ago, you would be a billionaire. Trump is the only one to lose money on bitcoin.

Is that a bitcoin billionaire or a dollar billionaire?

How well does bitcoin convert?

I'm not particularly conversant with currency markets.

So let's say you wanted to purchase goods from me valued at £1000 sterling, and all that you had was bitcoin...Now I will only accept pounds sterling in payment....Therefore you would have to convert your bitcoin into pounds sterling...How much would these transactions cost you in bitcoin?

In your own words Debs.

Is that a bitcoin billionaire or a dollar billionaire?

Dollar billionaire.

One bitcoin is worth 88000 dollars.

In past, bitcoin used to be cheap, and it would take 40 bitcoin to pay for ordinary meal. One bitcoin was very low in value.

Now, 40 bitcoins are worth over a million, as bitcoin saw quick rise in value over time, and whoever used his 40 bitcoin to pay for food 18 years ago is now in big disappointment and regret.

So likewise, buying a few bitcoin for few dollars 18 years ago, would make someone a millionaire today.

It is probably single highest return investment in history. I dont know if there ever was anything else in history which could be bought for few dollars and sold for millions of dollars 18 years later. thats like, serious inflation of one product.

So let's say you wanted to purchase goods from me valued at £1000 sterling, and all that you had was bitcoin

Bitcoin is bought and sold on online crypto trade market. If you have bitcoin, you sell it to someone, person pays you in dollars, and then you have actual dollars.

Also, if you are skilled in selling, you will track value of bitcoin and sell when it is at higher value.

A lot of people make mistake and start selling when bitcoin starts reducing in value greatly. No, when something starts losing value, you dont sell it, you buy more of it because its cheaper, and then when value rises again, you sell it.

One of the steepest declines affected Trump Media & Technology Group Corp, Truth Social’s parent company. On Wednesday, shares in the company tumbled to a record low, with Trump’s stake falling by roughly $800 million since September.

The firm has invested heavily in Bitcoin, spending roughly $2 billion on the digital asset.

“Its stockpile of roughly 11,500 Bitcoins, purchased when the cryptocurrency’s price was about $115,000, means the company has accumulated a loss of about 25 [percent] on the position,” according to Bloomberg.

“Its stockpile of roughly 11,500 Bitcoins, purchased when the cryptocurrency’s price was about $115,000, means the company has accumulated a loss of about 25 [percent] on the position,” according to Bloomberg.

If they were smart, they would buy more bitcoin. Each thing which is traded has ups and downs. You buy when it goes down. But as long term investment, it will pay off almost certainly. Loss is temporary. tho diversity of investments would have probably been a smarter play.

Also, mistake trump made is buying when bitcoin was high. Usually a period of high is followed by period of low, and then high again. You buy when period of low happens. He bought when there was period of high, which shows he is not exactly bright economically.

Trump was expecting it to go higher after he bought bitcoin 2 billion worth. But it triggered a sell off.

Trump was expecting it to go higher after he bought bitcoin 2 billion worth

there are 20 million bitcoins in existence. buying 11k isnt even 0.1% of that number. It is irrational to think it would cause significant rise in price or reduction in supply or increase in demand.

Maybe this might have effected the price drop.

What is Trump's stance on Bitcoin?

In American president Donald Trump's first term, he had opposed cryptocurrency, calling it "not money" and "based on thin air". He had told Fox Business in 2021 that Bitcoin "seems like a scam" to compete with the U.S. dollar. In his second presidency, Trump campaigned for digital assets.