Gold & Silver are safe than bank deposits ??

[Sled]

It is not safe to keep money in a bank, especially now. If you consider storage, not profit, then gold can be the best option. at least you will cover inflation.

If you are talking about the security of your money in bank then for me, i can confidently say that it is safe to keep your money in the bank because the banks offer an insurance that they can give back your money with a certain amount of limit and they have a high security for the money which you can confidently sleep well at night.

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[iASIC]

It is not safe to keep money in a bank, especially now. If you consider storage, not profit, then gold can be the best option. at least you will cover inflation.

If you are talking about the security of your money in bank then for me, i can confidently say that it is safe to keep your money in the bank because the banks offer an insurance that they can give back your money with a certain amount of limit and they have a high security for the money which you can confidently sleep well at night.

I think gold or silver has its own advantages and bank deposits too. Gold or silver will require you to self-preserve with your property and bank deposits will be held by the bank. If you miss something, you can only repay a certain amount, not the amount you sent.

[South Park]

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.

This is correct I have a strong suspicion that we are going to see an economic crisis way sooner than we thought and when that happens people will be desperate to get out of paper assets and instead try to get real assets like gold and silver, real estate and even cryptocurrencies but at that point it will be too late and they will lose most of their money.

[weblouartisan]

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, investing on gold or silver will be so risky for your life because people can just stole it from you forcely while money in the banks are safer since it can be converted into digital currency.

[Alifal]

Actually gold and silver have the fixed rate prices.the bank accept easily.I have in the bank because in the bank my money will definitely be used for other purposes so it makes my money unsafe.so gold and silver deposit bank better than money.

[nayeel]

The main advantage of gold bars in front of bank deposits is their reliability.Yes,  while many people assume their assets are protected.I believe, that given the instability of the dollar and the euro, gold and silver remain the most reliable targets for investmen

[Ava Duvall]

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

exactly, everything that is of value to you is only 100% safe with you. government seizes, heft, etc. alot can happen

[Dr.Osh]

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

exactly, everything that is of value to you is only 100% safe with you. government seizes, heft, etc. alot can happen

well, but I think it's more risky than the deposit on the bank. well, when you keep the money you have in the bank, the bank will guarantee all the assets you keep, while gold and silver are so risky. but it all depends on the person.

[kinamotorami]

Yes. Gold and silver are ours and the value is less volatile. Bank deposit depends on the business process of the bank. So I think it's safer to hold gold for you.

[Reza1893]

Yes. Gold and silver are ours and the value is less volatile. Bank deposit depends on the business process of the bank. So I think it's safer to hold gold for you.

  like your opinion mate, bank deposit is business, and have a little shares. But If we invest or buy the gold and silver we can guaranted that investment is safe. because as I know, gold and silver have a supply. the supply can push the price.

[cammie16]

Yes. Gold and silver are ours and the value is less volatile. Bank deposit depends on the business process of the bank. So I think it's safer to hold gold for you.

  like your opinion mate, bank deposit is business, and have a little shares. But If we invest or buy the gold and silver we can guaranted that investment is safe. because as I know, gold and silver have a supply. the supply can push the price.

Well in this generation not all people are investing in silver and gold, in our country most people are just investing in real state and other businesses. For me investing in gold is much safer and can give us good profit compared to investing in banks.

[nealdlover]

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 ??

I think gold, silver or bank deposits have their own advantages. Gold, silver gives you the initiative and depends on how you manage your assets, which shows how safe it is. Bank deposits have a way of managing their assets and you do not need to plan your management when deposited. You do not know how safe that plan is.

[Reza1893]

Well in this generation not all people are investing in silver and gold, in our country most people are just investing in real state and other businesses. For me investing in gold is much safer and can give us good profit compared to investing in banks.

Yes, I know sir 
real estate is good, the value on this investment can give us 20% or more % profits. Not in your country, my country too.
Gold, silver and real estate I think is safer and give us profits, rather than bank deposits.

[gamalzour]

Exactly, bank deposits may be lost if the bank collapses. But for gold and silver, holding them is the safest and most stable compared to other types of assets.

If we see this world with such one point then yes there is nothing better than gold and silver. They are running as assets since long time and for now, they become more than diamond. People are investing in them and some are holding so that better time can be fruitful for them when they start selling them. But bitcoin is of same importance right now. Do try them.

[befriendmywater]

Exactly, bank deposits may be lost if the bank collapses. But for gold and silver, holding them is the safest and most stable compared to other types of assets.

If we see this world with such one point then yes there is nothing better than gold and silver. They are running as assets since long time and for now, they become more than diamond. People are investing in them and some are holding so that better time can be fruitful for them when they start selling them. But bitcoin is of same importance right now. Do try them.

I think gold and silver are not necessarily safer than bank deposits. Every thing has two sides of it. Gold, silver allows you to manage your assets with your own security plan. Safety is determined by your management. Bank deposits will be managed by someone else and you have to trust that it is kept safe.

[stellgod]

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.

You are right about these three brightest future sources for all of us from where we can make huge money and maximum profit. Silver and gold are a rare element that is why investment is these two elements is a wise decision besides which the cryptocurrency means modernism of currency is the biggest and rated investment demand of people in the present global markets.

[SunoCN]

Could thieves steal your money from the banks? No!

But can they steal your gold & silver in your house? Yes!

Can gold & silver take care the inflate? No! The bank interest rate can do that.

[kiboloves]

I think in peace time, gold and silver don't have much value. You can even understand them as a metal, and it's too heavy to be able to invest a lot of money in gold and silver.

[martychubbs]

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

gold is also having an agreed value because tomorrow we will discover some of the money values in the Earth and then we will agree that gold is useless what are we going to do than?

[Amanda Green]

Everything could happen, therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising ICO tokens. I have found a trustworthy ICO project. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. Their main aim is to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices. They are also helping insurance companies to reduce costs (it can be reduced from 15 to 25 %) and get their business on a new level. Also, they are powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures.