Gold & Silver are safe than bank deposits ??

[Aying]

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

I don't think that they are more safe than bank deposits but I could say that gold are worth to invest rather than in silver and bank so if there would be chance I would have to choose them first and follow by cryptocurrency as my top list.

[Whitly]

If talk about big money, I think, safer invest and hold money in gold or silver, than holding money in banks, Of course, you can say, that bank provides stable % and some programs provide cash back for small deposits, if something will happen with the bank, but nothing for big deposits - so it's still risky

[Jetfruit]

deposits in the bank more profitable, I think about why banks will definitely provide provit to customers while gold invest we should think about how to save it properly and safely of course

[jlong187]

In my country the situation there's some like similar but not the same,  so the gold in my area is constantly growing in the terms of price, I can sell gold as highly prospective Investments source.

[calabrianexceeded]

because I am a woman so I prefer to deposit to gold and silver than to give money that I have in bank because in bank my money will surely be used for other purpose so make my money unsafe.
Gold and silver are commodities that will rise in price in the future, so I think this is very profitable

[martychubbs]

Usually I tried to have some gold in my bank safe,  because I am a wise person and I consider all of the options that can take place. So even the cryptocurrencies market would fall, I will stay on top.

[fabrizoc]

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

Gold is better than all other sources of money. 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.

[aeternus]

investing in bank deposits is safer because there is insurance that guarantees if something happens to our assets in my country Indonesia is OJK (financial services authority) where all financial activities in my country are monitored and protected by the agency, its different thing if we buy gold or silver there is no institution that guarantees the security of our property

And are you naive enough to believe their words? Those guarantees do not mean anything, there have been studies and many countries do not have the necessary funds to cover even 10% of the deposits, what do you think it is going to happen when a big economic crisis happens? Banks are going to default on their obligations and governments are going to do the same.

[2@abcdeeply]

Yes, I agree with your opinion, gold is always safer, firstly because gold is the monetary measure of the world economy, and silver we can store at home, deposits Your bank gives money to someone else, so it will not be stable.

[gamalzour]

I prefer gold and silver to invest with my money rather than in banks because in banks their percentage in interest is low compared to investing in gold and silver because the price of gold now goes higher so you have a bigger profit investing here.

The weight will be the same but the value will not be the same. The benefit of gold is that you can use it in the time of financial problems. Is you need money and you have gold instead of cash you can sell it to overcome your financial problems. This is the big benefit of keeping gold. It is not business but it is the real money than you can use anywhere in the world.

[First77]

U.S President Donald Trump talks about $500 billion tariffs on China and tariffs on Europe. Then China imposes $34 billion tariffs on U.S imports.

Could be some $1 Trillion of new tariffs on business and trade in world economy.

Iran talks about stopping supply route of oil through middle east after Donald Trump convinces China and India to stop buying crude oil from Iran. Crude oil could reach $140/barrel.

Looks like 2 to 5 years of high profits for Gold $2100/ounce and silver $80/ounce after major developments worldwide.

[First77]

A helicopter from the aircraft carrier USS Abraham Lincoln hovers over an Iranian patrol ship during a transit through the Strait of Hormuz

https://www.rt.com/business

[satana_igor666]

Investing in gold and silver is the easiest way to get a small profit in a few years.

[First77]

Yes, I agree with your opinion, gold is always safer, firstly because gold is the monetary measure of the world economy, and silver we can store at home, deposits Your bank gives money to someone else, so it will not be stable.

Gold, Silver, US Dollar have seen 100 years of trade and commerce and they have survived World War 2, economic crisis, many wars, 9/11 terrorist attacks, technology revolutions, economic boom.

[Renampun]

I currently have a deposit investment that is not too much but I'm more calm than having a gold investment like my friend, whatever it remains Bank deposits are the most secure from gold & silver.
many of the advantages of deposits that we can get, the first we can manage when to take his profits, and the second our funds are used by professional management.

[kinamotorami]

True, gold and silver are now very volatile and we are the ones who hold our assets. If you leave your assets in the bank and once the bank collapses you will lose all your capital. now available.

[martychubbs]

Investments in precious metals have always been considered long-term investments. But investing in gold is always a risk. The deposit brings a guaranteed income, and the purchase-sale of gold or silver may not justify its expectations. You can successfully earn, but you can get a negative income. Maybe it's not worth all the money to invest in buying gold, but to have your gold reserve will not be superfluous.

[SixOfFive]

Yes, I definitely agree with you on this. Gold is the oldest form of investment which has created trust among the common people. They act as a great store of value and act as a hedge against inflation. On the other hand banks are the biggest fraudsters. They charge fees for almost doing anything related to finance even if it means just holding on to it. And the amount of interest they offer on deposits is so less and for more years which will be eaten up by inflation.

[Divere1996]

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.

[katrimans]

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.

Any type of investment is good. I think one should invest in the area, where the demand is high. The same case is here, according to my point of view a deposit is deposit, its types are none because if a bank can be robbed by someone, so as you can also be and if talked about a digital; wallet, then it can also be robbed, means hacked by someone, so there is always risk in investment, profit without risk is not possible.