Gold going to collapse ? Possible ?

iceblendedchoc

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Everyone all rushing to buy gold now. Will gold prices collapse ?

Last time people say when ah peh ah soh and even beggars also rushing into stock market, a crash will be coming soon.
gold is an inflation hedge , the rise and falls are correlated.
 

coyote

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In long term, NO!
I buy physical gold bars every now n keep them since primary school. I am in mid 40s now. Where do I see gold price drop leh??


My kids since baby...I always use their red packets to buy gold bars. They r still young... Still have 40+ years to see gold price even further. Moreover invest gold is the safest. That is what I learnt from my late grandpa since young. He had been through WW2. Also a gold investor too

I have a different view. Gold preserve value and appreciate in longer term but gold does not generate revenue. Had you invested your money in shares since your primary school days, the liquidity/dividend generated could have been much more than the appreciation in gold prices.

Last 1-3 years, gold spiked because of geopolitical instability created by America's many missteps ... From delink of US dollars from gold decades ago, to ever raising of USD debt ceilings, waging tariff wars against the whole world trying to force them to buy up their treasuries at zero interest rate for 100 years, people realized America national debt has ballooned to an unimaginable and cannot afford to die level, last spike into the coffin, introducing stable coin (yet another virtual currency) to support the ever ballooning treasuries and debt....EU confiscating Russian assets showing Western political powers are destroying the global trust on banking and money concept. If Europe confiscate Russian 15B Euro assets, it will destroy the world confidence in Europe and the damage to the Euro and European economies losses will be far more than 15B. European leaders need to be smarter than that.

All those contributed to how gold suddenly jumped tremendously over the last couple of years, because everybody lost confidence on America and USD, European union and Euro and thanks to Trump tariff war, dedollarization gained superb momentum now...

Will gold continue to climb? I think so... For how long? Nobody knows.
 

Hello_Kitty

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Everyone all rushing to buy gold now. Will gold prices collapse ?

Last time people say when ah peh ah soh and even beggars also rushing into stock market, a crash will be coming soon.
in the long term, gold will still go up if u see the history trend
 

wongminmin

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gold forecast by banks..... is reach 5000 by 2026....

With low interest rate and uncertainty, gold is safe haven.

-With gold ATH, some traders are selling to profit and re-enter again at lower price. Ahead of FOMC
-Trump and xi meeting this week.

i didn't see the data... depend on the outcome.... gold will be between 3975~4095 for this week.
 

Laguna123

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Gold is a limited resources on earth will only dip lah, will still slowly climb back up due to inflation.
 

Canis Lupus

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Proves that when humans touches turn anything, it into sh!t, humans love devaluing themselves and everything else.
 
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coolmyth

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Waiting for it to drop more so moi can buy more.

Remember Trump will be around for many more years! :LOL:
 

SayPorkGuy

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as long as central banks are hoarding, no. wait till they offload and flood the market. never going to happen.
 

uponly

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DBS going to collapse ? Possible ?​

Everyone all rushing to buy DBS now. Will DBS prices collapse ?

Last time people say when ah peh ah soh and even beggars also rushing into stock market, a crash will be coming soon.
 

KPO_SAHM

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I have a different view. Gold preserve value and appreciate in longer term but gold does not generate revenue. Had you invested your money in shares since your primary school days, the liquidity/dividend generated could have been much more than the appreciation in gold prices.

Last 1-3 years, gold spiked because of geopolitical instability created by America's many missteps ... From delink of US dollars from gold decades ago, to ever raising of USD debt ceilings, waging tariff wars against the whole world trying to force them to buy up their treasuries at zero interest rate for 100 years, people realized America national debt has ballooned to an unimaginable and cannot afford to die level, last spike into the coffin, introducing stable coin (yet another virtual currency) to support the ever ballooning treasuries and debt....EU confiscating Russian assets showing Western political powers are destroying the global trust on banking and money concept. If Europe confiscate Russian 15B Euro assets, it will destroy the world confidence in Europe and the damage to the Euro and European economies losses will be far more than 15B. European leaders need to be smarter than that.

All those contributed to how gold suddenly jumped tremendously over the last couple of years, because everybody lost confidence on America and USD, European union and Euro and thanks to Trump tariff war, dedollarization gained superb momentum now...

Will gold continue to climb? I think so... For how long? Nobody knows.



Invested but no luck. Prefer gold bars than stock. Would hold the gold bars n pass down to my kids when I pass on.
My gold bars per gram cost around $18 bought during the early 80s ...highest .....last time when I was working. I used 20% of my money to buy gold. Now home maker.....I would ask my hubby to buy me gold during anniversaries n birthday. NO NO TO CHANEL N LV OR ANY BRANDED BAGS OT WATCHES
 
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