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Author Topic: Gold & Silver are safe than bank deposits ??  (Read 4883 times)
ahmadulah
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September 07, 2018, 12:22:04 AM
 #521

gold and silver are more convincing to invest but for me it would be better if I bought an empty farm to cultivate to fill my spare old days.
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laracastvue
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September 07, 2018, 08:54:14 PM
 #522

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

I agree. Gold and silver are still better than banks because it rise constantly, unlike in the banks that it differs on what plan, on which bank, and other factors. Still it is best to invest in cryptocurrency because of the potential of growing and also this is the future of all of us, the digital currency.

In my own opinion, gold and silver will be only better than banks if the scale of increase in price is much better rather than bank's time deposit feature if you place money on them.
First77
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September 08, 2018, 03:56:48 AM
 #523

Yes they are safer investments in terms of gains, fiats are eroded by inflation and gradually become worthless. Not so with gold and silver which grow in value

Gold price was $1660/ounce in 2013 and Silver was $50/ounce in 2011. As per inflation and price rise of food, fuel etc.. now Gold should be $2100/ounce.
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September 08, 2018, 10:46:10 AM
 #524

There is no doubt that the future of gold and silver will continue to improve, prices are always stable and will never drop like other types of investments, this is what makes us always have to divide investment in gold and silver.

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First77
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September 10, 2018, 12:00:41 AM
 #525

There is no doubt that the future of gold and silver will continue to improve, prices are always stable and will never drop like other types of investments, this is what makes us always have to divide investment in gold and silver.

This week, protestors have set fire to Iranian Embassy in Iraq. It could be big for Gold as the Universal investment. Bitcoin being decentralization does not get affected by global events.
Haji Rambo
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September 10, 2018, 12:38:02 AM
 #526

the future of gold and silver is always good and there is no shock, therefore gold and silver investments are very profitable.

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jack wira
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September 10, 2018, 12:49:27 AM
 #527

Investing in gold and silver is a very good investment safe from market turmoil. I have followed developments every year

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September 10, 2018, 01:29:17 AM
 #528

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 ??
I think it is very accurate and I think gold and silver will help us to have more profit than banks but we have to keep it with us and we will have to worry about thieves. Whatever, if we have a good anti-theft device, we should invest in gold or silver.

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billygarrison
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September 10, 2018, 01:54:00 AM
 #529

yes I prefer profit from gold and silver because in my opinion this is more profitable than depisito savings which only gives me little profit
katak mercat
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September 10, 2018, 04:06:47 AM
 #530

I think it will be safer to save money in the bank than gold and silver because the value of gold and silver can change at any time and it will reduce the value of our money
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September 10, 2018, 04:07:44 AM
 #531

yes I prefer profit from gold and silver because in my opinion this is more profitable than depisito savings which only gives me little profit
gold and silver are better than bank deposits, it's just that the safeguarding of both is very difficult, moreover it's very difficult to use. Well, but if you already have a lot of money, I think that's a good thing.



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baki22
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September 10, 2018, 09:38:42 AM
 #532

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 ??
Each has its own advantage and disadvantage. On the other hand, the interest rates on bank savings are rising and are forecasted to be stable, which is why this is a safe investment and less impact on the market. Gold prices are fluctuating continuously by events. on the world. Gold can rise and fall whenever you decide to invest in gold, you need to be alert and alert so you can catch the market to avoid losses. Be a wise investor
Quenlamsierti
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September 12, 2018, 09:08:49 AM
 #533

Gold is actual money and all other are shapes of money. People buy gold no matter how much money they have even if they do not need it. Gold is a fashion and everybody wants to buy gold not only for making money but for general use in daily life. Governments took all our gold and gave us papers for use.
mornabo
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September 13, 2018, 05:15:32 AM
 #534

yes I prefer profit from gold and silver because in my opinion this is more profitable than depisito savings which only gives me little profit
gold and silver are better than bank deposits, it's just that the safeguarding of both is very difficult, moreover it's very difficult to use. Well, but if you already have a lot of money, I think that's a good thing.
Because at the bank you cannot avoid risks such as inflation and scam, currencies in every country are very vulnerable to inflation, even large countries like Turkey can experience it some time ago, so if you want to keep your money in long-term and safe then keep it in gold that has a stable price and avoid inflation

Cidpollendina
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September 13, 2018, 07:54:41 AM
 #535

I think gold and silver are safe. Because gold and silver have become investments from a long time ago. And I think it's safe and the value will always rise even though slowly. gold and silver are popular investments and I think it's safe for the future.
nayeel
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September 13, 2018, 08:19:52 AM
 #536

i think that,The main advantage of gold bars in front of bank deposits is their reliability. so I believe, that given the instability of the dollar and the euro, gold and silver remain the most reliable targets for investment.  gold and silver will be safer than depositing money into banks. Gold and silver are commodities that will rise in price in the future. Sometimes banks may go bankrupt, but gold and silver will never lose its value.thanks
kobecury
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September 13, 2018, 08:21:13 AM
 #537

If you find that inflation is too high, money goes down too quickly, so it's converted to assets like gold, land, and housing. No matter how much money you lose, your property is yours. But gold is hard to buy when prices are low, sell at high prices, like a stock investment.
bonammeo
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September 13, 2018, 08:43:26 AM
 #538

The money we send in the bank is always revolving, it does not stay in place. Then make sure that money will come to the owner, or disappear. A series of bankruptcies, money lost. So I chose gold instead of sending the bank. It is both safe and high profit.

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GreenRydia
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September 13, 2018, 08:50:29 AM
 #539

Gold and silver have always been the basis of price and wealth, as we know that the use of gold and silver has been done for thousands of years ago so buying gold and silver is a good and profitable thing.
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September 13, 2018, 05:33:41 PM
 #540

That's right, Gold and Silver Investments are more profitable than Investing in Banks! Banks only give little interest, and our money will be cut off administration every month, while Gold is not, It is true that most of the books suffered losses when we sell gold 3-5% of the price of Gold at that time
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