Gold & Silver are safe than bank deposits ??

[shackleford]

Note: 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 ??

It is very interesting to analyze such a rise in the price of precious metals. Perhaps I should pay attention to gold and silver. I will not say that I have a lot of it, but still worth a few ounces to buy to save their capital, not only in the cryptocurrency to keep. ))

[Nicol3]

Yes I quite agree with the fact that gold and silver are much safer than bank deposits because in time the value does not depreciate unlike the money you put in the bank, you are required to have a minimum amount to store it and the disadvantage is that it is easy to withdraw too.

[laracastvue]

Note: 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 ??

In my own opinion, fiat will be safer than gold and silver because the cost of living today is getting even more expensive and robbers or criminals can actually steal it from you which will give you a risky life.

[tonyja2017]

Note: 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 ??

In my opinion, gold and silver are better than sending money to the bank. Because banks are often hackers attacking and stealing people's money. Gold and silver are always rising over time. It is a worthwhile investment because your money will increase over time and you still have a nice jewelry to use.

[ChaChaiTL]

You like to save money by depositing bank savings or buying gold or buying silver or investing in bitcoin. There are so many choices for you to buy and invest in many areas where you find them right for you. and safer for you

[b1k4ng]

for me it is a good choice because everyone has different desires and life choices. gold and silver are the value of investments that are never consumed by the times but the value of the land also can not be ruled out

[Tylev]

Such calculations convincingly prove that gold and silver are much more profitable than investing their funds in bank deposits. It should also be taken into account that gold and silver are practically not subject to inflation, which can not be said about the main currencies. As for their safe storage, gold and silver are also convenient to store in banks.

[South Park]

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.

In my own opinion, it was better to place money on banks and set it to time deposit because gold and silver is a physical asset which can be taken from you by robbers and your life is also at risk.

You are relying on someone else to keep your money safe for you and banks historically have failed at that mission every time, so if I were you I will prefer to have gold and silver than to have your money in a bank, also it is a bad idea to leave your gold in the bank too, if you are going to hold gold or silver you need to store it yourself because if you do not then there is not point in holding gold and silver.

[xbl1008]

Gold and silver will be there until you die and the uses of this metals continue to expands more and more each year because of technological advancement while in banks you never know where could this companies be subjected for bankrupcy even though it have a security up to a certain level which they could give back even through a bankrupcy had happened it will take time unlike gold and silver that you can sell anyday.

[shulio]

Instead of opening an account on the bank for gold or silver I prefer to buy them from a jewellery store or a gold smith. This is safer for me.

[devale]

For me both are safe and you can distribute your investment both into bank deposits and precious metals. Just the robbery is a risk so they have to be kept in secure place.

[Sirait]

I feel the opposite, that Bank deposits are safer than gold and silver, because in the deposit agreement there stated that we will get the results as promised in the letter, unlike gold & silver whose price is still influenced by market demand although with certainty that every year the price will rise...

[First77]

Instead of opening an account on the bank for gold or silver I prefer to buy them from a jewellery store or a gold smith. This is safer for me.

Keep reading this thread.

[ejandjm18]

For me, I would rather deposit Gold and Silver than a money in the bank because this precious metal and other investment like LOT/REAL PROPERTY will not depreciate for the next decade compare a money that deposit in the bank, there are so many consequences that the money will lost just like our experience that a bank file a bankruptcy because of the corrupt personnel who manage in a certain bank.

[Zohina]

Note: 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 ??

* gold investment *
- Characteristics of return on investment of gold / silver. this investment is in the form of interest (dividend). This investment only benefits from the appreciation of value, that is the increase of gold price / silver itself. gold appreciation can be more significant. there are some arguments that support the increase of gold price that is:
1. protect assets with investment
2.investasi to diversify portfolio
- An interesting alternative to infestation.
- online gold trading.

* investment deposits *
-recovery characteristics of deposit infestations. This investment is one of the most popular and risk-free investments. Unlike other market-driven investment instruments.
-the best level of interest and the exact amount.
- quite flexible and still provide interesting returns.
-can be used as an emergency fund.

[South Park]

Instead of opening an account on the bank for gold or silver I prefer to buy them from a jewellery store or a gold smith. This is safer for me.

Do not fall for that trap, some banks have started to offer services like banks accounts that supposedly holds your fiat in the form of gold and silver but when asked to see the gold they confess that if you ever claim to receive your gold they will go to the open market to buy it, this is not a problem when the price is stable but if it skyrockets you will get nowhere near the gold that you could have gotten if you had decided to hold gold by yourself.

[disdefil]

There is a problem with gold and silver deposits and that is security. If you are keeping it at home, there is risk of it getting stolen.

[Roger1909]

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

Maybe in my opinion it would be nice if kite prefer investing with gold or silver rather than money in the bank, because gold and silver vjika usually hard to reduce weight,And usually the price will continue to grow in each year,

[Nick Abimanyu]

Note: 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 ??

Easy to invest in gold. Now, gold investment products are offered directly to the community, with various types of ease of requirements provided.  Gold and silver both of which can be stored in their own homes or renting a safe from a company usually owned by a particular state or company with a 24-hour security system. But all have risks for the holder. If kept at home, worried will be stolen people or charred burned. If deposited in a company's safe will have an impact on the taxes imposed then indirectly the company has cut profits.

[Cult]

I would say gold and silver are safer now as the next economic crisis can burst out at any moment and precious metals along with cryptocurrencies will be in high demand as people will urgently search for some store of value in order to protect their funds.