Replies to post #45700 on A.I.M. Users Bulletin Board (AIMUSERS)

[ls7550]

What will gold be worth in 10 years?
The World Bank predicts the price of gold to decrease to $1,740/oz in 2021 from an average of $1,775/oz in 2020. In the next 10 years, the gold price is expected to decrease to $1,400/oz by 2030.

In 2015 they were predicting prices for gold that even at 5 years out were half of actual price. They frequently update their predictions so they become closer to actuals the closer the date. Pinch of salt.

I beg to differ that Btc is a investment. I can achieve the same gains/loss profile by going to my local casino or horse track and I wouldn't draw from my investment portfolio to do that.

GBTC 2018 -82%. Even if a investment made 50%/year gains for 5 years in a row and then endured a 82% hit then over the 6 years you'd likely have been better off in alternative assets. Even a safe 0% real will more likely see me out. Have no need to risk that. Btc for fun money yes if that takes your fancy over betting on #8 or whatever at the roulette table. Personally that doesn't take my fancy, did it once just to tick it off from having done so during my lifetime.