talenah kotang
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June 16, 2018, 01:34:50 PM |
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I think gold has the advantage of relatively safe and not extreme in terms of risks when compared with deposits, and profit earned also more profitable gold.
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pantheraio
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June 16, 2018, 02:05:12 PM |
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I prefer to invest in gold compared to bank or silver deposits. Gold has a good investment value and continues to increase from year to year. And gold is also the best investment of antiquity and more trusted and sought after by many people.
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carlisle1
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June 16, 2018, 02:10:11 PM |
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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 ??
It depends on what region you live,because in my place silver is so much cheaper than yours,price here averages from $20-30/ounce means more likely 2/3 lower than in your country so this may not applicable in mine. But you know whats more profitable than gold/silver or Banking deposit? Its Cryptocurrency and most specially bitcoin because here you will surely profit
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manfredmann
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June 16, 2018, 02:16:30 PM |
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Yeah the same as with the real estate properties if you will going to include and these type of investment are literally good thinking about time and money that you will not going to worry. However, if you wish to earn more then investing in cryptocurrency would be better because we can decide on what to do with our money on cryptocurrency and we could make the maximum earning on it compared to silver and gold.
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Rosilito
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Wish for the rain? Then deal with the mud too.
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June 16, 2018, 02:35:09 PM |
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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 $60/ounce.
Example:
Profit for gold and silver for year 2016 is 12%.
Profit for gold and silver for year 2017 is 0%
Profit for gold and silver for year 2018 is 8%
Profit for gold and silver for year 2019 is 16%
So average profit for 4 years is +9%
How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??
Pretty high than the banks here. Well, it is quiet good enough. Never been in silver, gold investments and don't even know on how it works. Can't say certainly if it would be safe and secured. As I see, you will look the security of it into the operators who are working behind it. Just check their business permit, and their credibility as a business and individual as well. Be cautious and aware on every side of it. It is hard to get scammed, and you knew it, lots of people suffered it don't even dare be silly.
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First77 (OP)
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June 16, 2018, 03:56:59 PM |
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Pretty high than the banks here. Well, it is quiet good enough. Never been in silver, gold investments and don't even know on how it works. Can't say certainly if it would be safe and secured.
See my signature below, you will get all the information for Gold and Silver on my twitter page
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filatova
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June 16, 2018, 05:02:23 PM |
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Yes, they are safe but are you content with 10-15% annual returns ? If not consider investing in crypto after proper research.
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Pab
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June 16, 2018, 05:11:41 PM |
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Gold not so much good investment Price of gold broke 1300$ FED is going to rise rates Dollar up gold down it was always like that Virtual gold trading is so much manipulated almost same way like bitcoin trading Silver is much more in use but price will fail
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ganlianshifu1
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June 16, 2018, 10:40:40 PM |
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I think gold and silver are safer than bank deposits! Gold and silver investments are affected by international gold prices! Gold is the international hard currency! And bank deposits will fluctuate because of changes in the domestic economy!
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First77 (OP)
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June 16, 2018, 10:46:31 PM |
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Do you know the fact that a country's Fiat currency is directly related to the amount of GOLD deposits held by the Central Bank, So basically if a country estimates $ X worth of paper money, it's backed by $ X worth of Gold. So buying Gold is always better than on bank deposits
Great thanks for sharing this valuable information in my topic/thread. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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19Nov16
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June 16, 2018, 11:07:54 PM |
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Gold and silver is a type of investment that has been used since thousands of years ago, the increase in gold and silver always adjust to inflation so that the value of gold and silver never go down and I agree that investment gold & silver are safe than bank deposits.
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Indrawan77
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June 17, 2018, 04:56:32 AM |
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I think for investment gold and silver is better, the value keep on increasing and the inflation not affected too much on gold or silver, and I think that bank deposit is not the best place to invest, you won't get much profit by it since the interest will keep going down while the inflation rate going up, since the beginning I never consider putting money in the bank as an investment
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redsap
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Harmony for One and All
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June 17, 2018, 05:05:06 AM |
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I think for investment gold and silver is better, the value keep on increasing and the inflation not affected too much on gold or silver, and I think that bank deposit is not the best place to invest, you won't get much profit by it since the interest will keep going down while the inflation rate going up, since the beginning I never consider putting money in the bank as an investment
yap i think i should agree with this, because gold and silver investment have a slow but sure increase and i think that was better to keep it in a long time period and also i guess it can help a goverment from the increase of it
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Lyne01
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June 17, 2018, 05:21:04 AM |
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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 ??
If you are good at investing in gold and silver, then you can be involved in gold and silver. Gold is really a good investment because its value will keep on rising. Gold and silver will always be valuable and you can sure than there are people who will buy them.
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bakekang
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June 17, 2018, 05:22:08 AM |
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I would rather deposit to gold and silver than give the money I have in the bank because in the bank my money will definitely be used for other purposes so it makes my money unsafe.
We cant protect our money in the bank or the gold and silver that we are holding among the thieves. So better invest it in buying land property to secure your money. And it is better to buy land than silver and gold.
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kenharry
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June 17, 2018, 06:33:17 AM |
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Gold remains a standard measure of wealth overtime. Gold and Silver are safer than fiat money in bank. Gold deposits does not suffer fluctuations like fine wine that taste better with time, Gold increases in value with time.
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Dimon8
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June 17, 2018, 02:58:08 PM |
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It seems to me that if in circulation of payment means there were money only from precious metals (platinum, gold, silver) as 2-5 thousand years ago, then there would be no economic crises, inflation, and similar phenomena.
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ladydark
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June 17, 2018, 03:03:42 PM |
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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 ??
Its better and safer to invest in gold and silver than bank deposits as the profit percentage is more as well as we would not be accountable to any government authorities for holding such an investment.
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Karakas
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June 17, 2018, 04:37:19 PM |
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in the bank my money will definitely be used for other purposes so it makes my money unsafe. So I prefer to deposit to gold and silver instead of giving the money I have in the bank
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First77 (OP)
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June 18, 2018, 12:20:03 AM |
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in the bank my money will definitely be used for other purposes so it makes my money unsafe. So I prefer to deposit to gold and silver instead of giving the money I have in the bank
Billionaire scam banks of $2,000,000,000 because documents were not verified by senior bank managers https://in.reuters.com/articleExplainer: How PNB says it fell victim to India's biggest loan fraud
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