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Gold Up & Bitcoin Way Down Today

RichRRichR Posts: 3,985 ✭✭✭✭✭

Unfortunately, I guess we'll see which is a true safe haven...?

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    I will bet on gold..... Cheers, RickO

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    TurtleCatTurtleCat Posts: 4,692 ✭✭✭✭✭

    In times of great uncertainty having something in your hand always trumps something virtual you may not be able to get access to and has nothing other than faith backing it.

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    291fifth291fifth Posts: 25,241 ✭✭✭✭✭

    I am darkly amused when I see the TV ad for the company that says they are the most trusted name in crypto.

    All glory is fleeting.
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    RichRRichR Posts: 3,985 ✭✭✭✭✭

    [[I am darkly amused when I see the TV ad for the company that says they are the most trusted name in crypto.]]

    ...after all of 10 minutes!

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    WAYNEASWAYNEAS Posts: 7,278 ✭✭✭✭✭

    Looks like gold is on its way to 2K, currently at $1,939.03.
    Silver is hovering around $25.00.
    Wayne

    Kennedys are my quest...

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    2ndCharter2ndCharter Posts: 1,743 ✭✭✭✭✭

    In times of great uncertainty having something in your hand always trumps something virtual you may not be able to get access to and has nothing other than faith backing it.

    After what happened in Canada last week with the freezing of accounts, gold is definitely the way to go.

    Member ANA, SPMC, SCNA, FUN, CONECA

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    derrybderryb Posts: 38,639 ✭✭✭✭✭
    edited February 24, 2022 8:54AM

    Ethereum (ETH) (down 17% in the past week) is up 55% for the past year and 19,405% for the past 5 years. I welcome these current buying opportunities. They have presented themselves in the past for those savvy enough to see them. Good time to convert some metal profits to crypto buys. Gold will continue up but it will never come close to the performance of the larger market cap cryptos until those cryptos eventually get killed by regulation.

    Governments can print currency. Only the people can print faith in it — and they’re running low on ink.

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