Gold & Silver are safe than bank deposits ??

[Joshercine]

Iheard that banks can usurp your money when they are close to bancruptcy. Holding your assets in gold or silver is far more safe.

[airbamboo]

In my united states of america gold is insanely costly, so i'd as an alternative thoughts my bitcoins then i might purchase gold or silver, especially if somebody might recognize which you have it, they are able to actually come to your private home and steal.

[deloreswest]

I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.

Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.

Example:

Profit for gold and silver for year 2016 is 12%.

Profit for gold and silver for year 2017 is 0%

Profit for gold and silver for year 2018 is 8%

Profit for gold and silver for year 2019 is 16%

So average profit for 4 years is +9%

How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??

well money deposit is fix profit and for gold and silver is more like investments, it do have a risk even though seems like the risk are small, but still you need to sell it on the right time to gain profit from it.

[BigBos]

It is secure as long as you can guard your gold or silver safely, the thing is you put your money in bank not for investment but you trust them to hold your money until you need them again. Although gold is definitely better as an investment but if you need liquidity then you have to sell it first before using the money, on the other hand you can withdraw it immediately and use it if you store your money in bank. 

I don't know, of course the bank will be very responsible for this storage. that might make the gold and silver you have safe. I myself don't have these two assets, but when I have them, most likely I will keep them in the bank.

[painting_money]

Nothing is safe. However, if you buy gold and keep it that way, you will feel safer than banking. I do not like to send money to the bank and also do not want to buy gold. I like to invest more money.

[brolekset]

INVESTING IN GOLD AND SILVER – a RELIABLE AND PROFITABLE CONTRIBUTION Investing in precious metals attracts, as a rule, conservative investors. Gold and silver are especially popular. Gold can not depreciate at all, and its price is almost always growing. Silver helps to diversify the Deposit and also gain income in the future.

[First77]

Gold and silver is the oldest and strongest investment ever, it is proven and tested in the many years, until now. The price is very high in our market, it is the safetiest investment ever.

Russia's gold reserves have reached 2000 tonnes and China has some $4 Trillion for Gold.

[Indai24]

Gold and silver is the oldest and strongest investment ever, it is proven and tested in the many years, until now. The price is very high in our market, it is the safetiest investment ever.

Russia's gold reserves have reached 2000 tonnes and China has some $4 Trillion for Gold.

Yes these are the most trusted investment eversinced because the price always appreciate. They never fail us and still stronger than before.

[permatasai]

storing gold and silver for me is very unsafe given the many thefts and robberies especially in our country. even though I have a bigger profit from deposits but later the assets are lost due to being stolen I will lose, for that I still choose deposits from this investment

[Tukang Becak]

It can be said that, gold and silver are traditional investments that are thousands of years old, it is natural that gold and silver are the safest investments compared to bank deposits.

[lehuong]

I do not think so gold or bitcoin has its own points we should accept when buying it and many soon notice the potential of bitcoin in the future should have bought bitcoin stock

[mkhadazz]

yes you are gold and silver of course to be the best rather than having to deposit at the bank, when you deposit at the bank you will be taxed and when you deposit in the bank the money you deposit will be used for other purposes first.

[Ngewex Yuk]

Gold and silver are commodities that can be accepted by all people around the world, it is natural to invest gold and silver safer than bank deposits, and I always make gold and silver a long-term investment.

[ShineftChaos]

Gold and silver are commodities that can be accepted by all people around the world, it is natural to invest gold and silver safer than bank deposits, and I always make gold and silver a long-term investment.

Gold and silver is just an option but cryptocurrency is the best asset you can have today because the market price is increasing rapidly.

[Pan Troglodytes]

How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??

Well, you quote figures for last 4 years, but for last hundreds of years gold and silver has been the most secure way to preserve your capital in times of crisis. Thus, I would say, your investments are 100% secure (given, they don't get stolen or robbed).

Wait, how can we use the last hundreds of years as a comparison when only recently a new form of currency had been introduced that is fully digital and relies only on a combination of numbers and letters to exist? The historical viewpoint is only valid until history takes a major step forward, namely a revolution.

Bitcoin is a part of the internet revolution which makes it unique from gold and silver. These assets existed in physical form as objects of comfort for ordinary folk when they felt that the value of their money was decreasing, but now there are more options to serve that purpose.

Man, the resolution reads "Gold & Silver are safe than bank deposits ??", so what does bitcoin have to do with either of them? Did you actually read the OP?

[adamantasaurus]

Well If I wanted to store my money for long term and not really use it for anything then I would chose gold over fiat anyday. Gold will always hold it's value fiat is essentially fake money and can collapse at any moment look at venezuela for example. But I think the best store of value would be in something that you would get some sort of a use case out of like land or a business that will generate more money or will help you survive.

[Burogh]

Gold and silver is an investment and its very different with money we use for deposit in the banks. As an investment, gold and silver more profitable because its store of value and its an investment. But gold and silver not practice if used for payment

[Aksiyon1]

Gold & Silver are safe than bank deposits ??

It is always so. Gold/silver investing is always the best stable investments. No matter how secure the bank is, they can still go bankrupt. The money you send can be lost.  Bank deposits also have its own risk. About gold and silver, as you know, since the last hundred years, they has always been a precious commodity, and it'll always be.

[First77]

The raging diplomatic row between Ankara and Washington has put immense pressure on the Turkish lira and as a result, gold futures trading has nearly doubled in the country as investors scramble for traditional safe havens.

Gold futures volumes have soared on Turkey's stock exchange as the recent plunge in the volatile national currency attracts speculation and boosts the local price of the precious metal. The 90-day average daily volume reportedly doubled to 40,000 contracts, from about 17,000 in March. At the same time, the price for an ounce of gold in Turkish lira surged by more than 50 percent.

https://www.rt.com/business

[lionheart78]

Yes,  while many people assume their assets are protected, there have been historical instances where governments have seized citizen property stored in banks.

Agree. Just like in India I’ve heard not long ago that citizens are being limited in possessing gold and those who are found out to be with much will be confiscated by the government. I dont know how true it is but an Indian friend of mind told me. Besides, not every year gold and silver have the same demands. Still goes with the trend. I can still remember there was a period of time when people where not attracted to silver and silver was not in fashion so demands was low also.