Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Sold of My Entire Bullion Collection In Order To Purchase BitCoins
>
Reply to Thread
Message:
<p>[QUOTE="ToughCOINS, post: 8387737, member: 20480"]Precious metals are losing purchasing power as the prices of goods and services rise, but PMs are <i>far</i> from being as depressed as nearly any other store of value is. Moreover, now that equities, real estate and crypto-currencies are falling out of favor, PMs are likely to attract much more attention, especially since they've demonstrated a stubborn resilience facing the same headwinds against which other stores of value have wilted.</p><p><br /></p><p>Could buyers of BitCoin have made more money playing its volatility, as [USER=26550]@mpcusa[/USER] has done? Sure they could, and they could have done the same in other markets too, but it requires a fair amount of time and attention to do that well, and most likely prefer to buy and hold while spending the majority of their time on other activities their lives are built around.</p><p><br /></p><p>If anything, I'd say that all of the folks who decided to ignore crypto-currency in favor of maintaining / expanding their PM holdings can pat themselves on their backs for having made a solid choice.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 8387737, member: 20480"]Precious metals are losing purchasing power as the prices of goods and services rise, but PMs are [I]far[/I] from being as depressed as nearly any other store of value is. Moreover, now that equities, real estate and crypto-currencies are falling out of favor, PMs are likely to attract much more attention, especially since they've demonstrated a stubborn resilience facing the same headwinds against which other stores of value have wilted. Could buyers of BitCoin have made more money playing its volatility, as [USER=26550]@mpcusa[/USER] has done? Sure they could, and they could have done the same in other markets too, but it requires a fair amount of time and attention to do that well, and most likely prefer to buy and hold while spending the majority of their time on other activities their lives are built around. If anything, I'd say that all of the folks who decided to ignore crypto-currency in favor of maintaining / expanding their PM holdings can pat themselves on their backs for having made a solid choice.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Sold of My Entire Bullion Collection In Order To Purchase BitCoins
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...