Gold & Silver are safe than bank deposits ??

[kulitmanggis]

I think all investments have a risk, if you want to decide for an investment you should accept the consequences and risks that exist, usually from the risk that you can get a lot of profits.

[First77]

Right. In fact, the annual profit from investing in gold and silver is much greater than depositing it in a bank. And what interest me in investing in gold is that it is not controlled by the government and the bank as well as taxes.

Switzerland chooses gold bullion over paper wealth backed by US dollar

Another country is betting on physical gold. Switzerland's pension fund has boosted its investments in bullion, switching from the paper-backed securities in US dollars. The Swiss government Pension System decided to change from paper gold in the amount of 700 million CHF into physical gold and store it in Switzerland. The 700 million only stands for 2 percent of the total assets, but it is quite a surprise that they do this,” Claudio Grass, an independent precious metals advisor and Mises Ambassador told RT.com.

According to Grass, it is a strong signal that people should take seriously, since a pension fund is an investment vehicle that has a long-term strategy.

“Physical gold is the best way to hedge as well as to accumulate wealth over decades. If you would have purchased for $100,000 gold in mid 70ties the holding without doing anything would be worth more than $2 million,” the analyst said. Another factor why the pension fund demanded physical gold was that they understand that paper gold just represents a claim on gold in a highly paper-leveraged gold market, Grass explained.“It makes common sense under the actual circumstances to assure it is stored in the home country, Switzerland, instead of London or the US, which reminds me of the central bank repatriation,” the analyst added.

https://www.rt.com/business

[yoseph]

I think all investments have a risk, if you want to decide for an investment you should accept the consequences and risks that exist, usually from the risk that you can get a lot of profits.

Even though all investments have risks, there is no doubt that Gold and Silver are very safe investments compared to others. And You will certainly have more profits with precious mineral investments than Bank investments.

[owmivmen]

All investments must be at risk. if gold or silver the risk is loss or theft and deposits in the bank I think the risk is the bank goes bankrupt.

[ImTree]

In my country gold is not a popular investment capital so I would better have some bitcoins on my wallet then some gold in my house. Especially because of The Robbers.

[dongyi17]

Silver and gold are very hot in the eyes of individual especially those who people who only wants money to get rich, that is why those who hold it really secure it into many places they knew is secure and safe and one of them is bank but sometimes even bank are not longer safe anymore because of some burglar.

[metenjean]

Note: If you like my topics/threads and posts give me "+merits". See on the right side of each post (top right corner) there is "+Merits"

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 true that saving in gold and silver provide more profits than bank interest however its not because of the movement of the price but because of inflation that drive your currencies, gold hasn't recover from its peak in 2011 however compared to the average price in gold and now, its just the same and your investment didn't drop that much from the initial investment because inflation. Also, average profits should at least shows profits every year instead 0% profits or BEP in 2017, that doesn't show that gold / silver is a good investment.

[lendahawkins]

Note: If you like my topics/threads and posts give me "+merits". See on the right side of each post (top right corner) there is "+Merits"

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 ??

seems like its true. The problem is sometimes you might not gain profit at all but bank offer you fix rate of profit which has been caculated to favor bank. Invest in gold and silver is like invest in real estate.

[Btcschool]

Note: If you like my topics/threads and posts give me "+merits". See on the right side of each post (top right corner) there is "+Merits"

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 ??

Yeah it is right that gold and silver investment is better than putting money in bank accounts. The value of gold and silver are increasing with the passage of time and no doubt these two are the real money. One thing is clear that no matter how much money you have you will buy gold because it is the guarantee to overcome financial hurdles in the future.

[martychubbs]

 I am trying to buy some grams of gold every month, it is just because in my country gold is always growing in price. I consider that as an investment. Because just in the case I would have some gold to sell. Like savings.

[katerinaliisa]

I think gold and silver are more reliable. Because the bank can be closed or broke.

[Herbys]

I believe that now it is necessary to invest in lithium, because this is the basic metal that is needed for the production of batteries, and in the near future they need a lot if they want to switch to the production of electric vehicles from 2020.

This is certainly not a bank metal, but even more promising

[jaysabi]

Note: If you like my topics/threads and posts give me "+merits". See on the right side of each post (top right corner) there is "+Merits"

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 ??

This isn't based on anything but speculation. Where are these percentages even coming from, are you just making them up? You're using a future number as a given (2019) which cannot be known, but assuming it will be 16% in order to get a 4 year average. First, 2019 can't be known. Second, 4 years is an extremely shallow data field to be extrapolating from. Third, metals are volatile, they don't only go up in value. The risk of being down when you need the money invested in them is high over short periods of time. Metals investing is not for people with such a superficial understanding of economics and investing. Proceed at your own risk, but there's no investable thesis here. 

[BigBos]

I believe that now it is necessary to invest in lithium, because this is the basic metal that is needed for the production of batteries, and in the near future they need a lot if they want to switch to the production of electric vehicles from 2020.

This is certainly not a bank metal, but even more promising

well, that's right, it's just that its use is more troublesome. I'm sure, people who have a lot of money have been trying to collect, or even have a lot of gold, and silver in their storage as an investment tool in the future.

[Andrew S]

Gold and silver are a stable currency, it will always be in price, but bank deposits are not so safe.  Cash can be depreciated.

[Dimon888]

It is better to keep your savings in different currencies and in different ways. In order not to lose everything in an unforeseen situation. For the same reason, you should not invest all your savings in one project.
It is necessary to constantly optimize your investment portfolio

[roccobull]

Gold and silver are a stable currency, it will always be in price, but bank deposits are not so safe.  Cash can be depreciated.

Gold and silver are precious metals and can also appreciate and depreciate in value. Bank deposits are definitely safe if they are FDIC insured and you have less than $250,000 in your account. However, it is always good to diversify your wealth in bank deposits, stocks/bonds, and precious metals. Out of all of those investments PMs are definitely the safest since they have a physical value to them that will always be attractive to people. I diversify my wealth to all those places and have recently began buying silver. This is the place I use, they offer me the smallest premiums out of all the dealers I have researched https://bullionexchanges.com/buy-silver

[t2yax]

We know how much banks earn every year. They becoming more and more developed. We know how much bank interest and how they earn. Gold or silver, in banks, they can see both, banks do not seggregate or compare them all, but they only focus on their bank interest and income/profits

[MrRiuss]

i think only gold, not include silver that give more return and safe if compare to bank deposits.

[First77]

i think only gold, not include silver that give more return and safe if compare to bank deposits.

After Silver price fell to $9/ounce under Obama's presidency, Silver going back to $50/ounce to $60/ounce will give 30% profit or more a year. last year gave +35% profit and it looks it will be the same every year from here on..