discuss Gold names in the current economic turmoil

[Kuffy]

I've got a good .gold domain name, and it's expensive to maintain. I'm currently reviewing my names, and I'm wondering about the current market opinion for these names. The world seems to be in turmoil, and there is a flight from the dollar towards gold. Will this result in an increase in the value of goild, and goild related names?

 

[Daniel-MD]

My opinion on the matter:

The gold niche has been a well-established one for dozens of years. It is not like, for instance, other forumers mentioned AI, electric vehicles, etc., which will drive a lot of new players in the industry.

The only way I see an influx of businesses interested in domains would be if the fiat currencies would go into hyperinflation and people would heavily look to purchase more gold.

The buyers for gold domains are mainly companies that look for shorter, more brandable domains.

You may consider doing outreach to those who may be interested. If you get a positive response, sell it or keep it. If not, drop it and don't look back. At least, that's what I would do.

 

[Peter45]

The only way I see an influx of businesses interested in domains would be if the fiat currencies would go into hyperinflation and people would heavily look to purchase more gold.

I agree with your post Daniel,
only the hyperinflation part, I'm not sure

8-10% inflation seems to be enough for privates and institutions to look for precious metals (gold price, all time high in all currencies).
Moreover, given the instability of the banking system (e.g. too big to fail Credit Suisse) it looks like demand of bullion (vs. "paper gold") is picking up all around the globe.

 

[Kuffy]

I've owned the name since 2016, and it's expensive to maintain - Name Silo charges $80 for renewal. Fortunately I have a multi-domain hosting plan, so hosting doesn't cost me any extra. I didn't really register the name to resell, as I felt that it had potential to generate revenue from gold stackers and investors. My personal circumstances have meant that I haven't had the time to develop the site, but hopefully this will change later this year. I suspect that the GD valuation of $3,500 reflects the income potential. That assumes that the valuation algorithm is capable of considering this. Maybe it is just considering the single word "English" - it states that english.com has too high a value to estimate.

 

[andyred]

I've dropped my casino related one, had it for two years on various marketplaces and no sale