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Author Topic: Gold & Silver are safe than bank deposits ??  (Read 19206 times)
nagobinga
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July 25, 2018, 04:33:10 PM
 #361

Gold trading must be done carefully because many fraudsters are rampant that is not seen by us ... but bitcoin trading is widely approved by banks.
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gamalzour
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July 28, 2018, 05:58:08 AM
 #362

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.
There are people who think of investing in gold to be a better option than that of putting their money into their bank accounts but you must be sure that you are only making this decision after having enough of the thought over it as there can be such times once the market value of the gold and silver will drop down and that will result in loss of your money.
valentinen39
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July 28, 2018, 06:27:25 AM
 #363

Actually any form of investment is way better than trusting your hard earned money to people whi actually charge you whenever you do a transaction. Who will make you wait for hours just to put on money in their hands. What will bank do to your money? It virtually sleeps and earn so very little. Might as well invest it on high risk stocks.

In my own opinion, banks will be always safer more than gold and silver even with cryptocurrency , because banks has a very good security in their place, since holding a gold will put your life at risk.
robotrobert
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July 30, 2018, 05:59:51 AM
 #364

Actually any form of investment is way better than trusting your hard earned money to people whi actually charge you whenever you do a transaction. Who will make you wait for hours just to put on money in their hands. What will bank do to your money? It virtually sleeps and earn so very little. Might as well invest it on high risk stocks.
Putting your money into your bank accounts can only help you in keeping your money safe but it cannot help you in having any kind of earnings because of that money whereas investing your money into either gold or silver will not only keep your money safe but it will also help you in having some good profit as their market value keeps on rising high with time.
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July 30, 2018, 06:07:34 AM
 #365

of course if gold and silver are safer. because the profit of both is very clear. we invest any, will get profit when the price will rise at the end of the year. while in the bank, we have to invest with big money to be able to get a large deposit.

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First77 (OP)
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July 30, 2018, 06:55:40 AM
 #366

of course if gold and silver are safer. because the profit of both is very clear. we invest any, will get profit when the price will rise at the end of the year. while in the bank, we have to invest with big money to be able to get a large deposit.


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First77 (OP)
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July 30, 2018, 08:23:03 AM
 #367

The investment in gold is not encouraged by the State so it is very risky. Moreover, the price of gold is always an unpredictable unknown, because the price of gold depends on many factors such as the economic situation of countries, foreign exchange, oil prices, interest rates of the economy. Therefore, gold is always a channel of investment instability, if the investment needs to be certain caution.

Now Russian Central banks have 2000 tonnes Gold. Highest ever. China is also buying gold in a big way.
RasicaOla12
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July 30, 2018, 08:31:47 AM
 #368

Every investment has its own risks and opportunities. If you do not want to risk, then you will have a hard time getting rich and you will quickly lose the opportunity....
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July 30, 2018, 08:53:22 AM
 #369

Investing in gold and silver can be profitable. But it is very risky and unsafe. On the other hand, there may be less profit in the bank, but much safer and secure. I am not talking about anybody's side but it is better to do the investigation by investing in the investment
Sled
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July 30, 2018, 09:34:19 AM
 #370

The investment in gold is not encouraged by the State so it is very risky. Moreover, the price of gold is always an unpredictable unknown, because the price of gold depends on many factors such as the economic situation of countries, foreign exchange, oil prices, interest rates of the economy. Therefore, gold is always a channel of investment instability, if the investment needs to be certain caution.

Now Russian Central banks have 2000 tonnes Gold. Highest ever. China is also buying gold in a big way.
It doesn't mean that if the big countries are buying gold then it is a sign that gold is a good investment. Not all of the investing process should not be based on the other people or country, you should do research by your own to see the best options for investing and those things that is valid based on your standards.
ansdb
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July 30, 2018, 10:09:09 AM
 #371

silver and gold are the safest investement ever because of many reason the first one is the supply the second one is the high demand ... etc
Btcmicel
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July 30, 2018, 10:29:04 AM
 #372

silver and gold are the safest investement ever because of many reason the first one is the supply the second one is the high demand ... etc

Gold and silver is the oldest and strongest investment ever, it is proven and tested in the many years, until now. The price is very high in our market, it is the safetiest investment ever.
tonyvo2017
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July 30, 2018, 11:10:26 AM
 #373

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 each of them has its advantages and disadvantages. None of them are completely safe. It also depends on how you manage your assets and your plans. I think it would be a lot better if you gave yourself a lot of options, extracting a portion of your assets if it did not affect the daily hard money to invest in gold or silver is also a decision. bad.

biletskiy
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July 30, 2018, 11:56:06 AM
 #374

silver and gold are the safest investement ever because of many reason the first one is the supply the second one is the high demand ... etc

Gold and silver is the oldest and strongest investment ever, it is proven and tested in the many years, until now. The price is very high in our market, it is the safetiest investment ever.

You have to invest really very much in these metals to get good profits. I suppose, in some cases, banks deposits are much better. I also invest in the crypto.
mbenga
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July 30, 2018, 12:04:56 PM
 #375

I've heard that silver and gold are losing their value because of the rise of the cryptocurrencies so probably in a few years from now it would not me anymore and good decision to invest in them.
First77 (OP)
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July 30, 2018, 04:12:46 PM
 #376

It doesn't mean that if the big countries are buying gold then it is a sign that gold is a good investment. Not all of the investing process should not be based on the other people or country, you should do research by your own to see the best options for investing and those things that is valid based on your standards.

Those big countries know something. They make laws and taxation rules etc....
thresher
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July 31, 2018, 07:00:34 AM
 #377

for me, gold is not an investment, it just an instrument that can minimize "diminishing point" from your money/assets. generally, it can keep the value of your money/assets. 1 gram of gold in the past and 1 gram of gold at this time, has the same value if you trade it with some goods.
Bank deposits are also safe but are not profitable than gold and silver. Bank will never let you earn money. They will use your money for their benefit and not for you. Gold and silver will give you good profit in the future. Many people who have extra money than their daily needs invest in gold because gold is also used in daily life. That’s why people buy gold.
andriw
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July 31, 2018, 07:53:09 AM
 #378

We take the example of silver prices in March 2013 was recorded at US$ 28.32 per ounce, and fell to US$ 16.14 in December 2014. In December 2015 touched US$ 14.37. However, in 2016 silver prices began to rise, US$ 20.34 in July 2016 but in December 2016 the price returned to US$ 15.98. In April 2017 silver prices moved fluctuating with the upward trend at US$ 18.51 and by the end of 2017, silver price had weakened to the position of US$ 17.14 per ounce.
Viewed from the history, investing into silver can be considered less safe because it has a tendency to fall..
MaryClark12
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July 31, 2018, 08:04:15 AM
 #379

That's right, depositing money saves money, maybe in a certain time, if the bank goes bankrupt, they will not be able to pay back the money you deposited. With gold and silver, you can invest long-term into it without fear of losing value
GangNamSK
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July 31, 2018, 09:31:39 AM
 #380

Of course, gold is a precious metal that can be stored and carried away. Money can be stored in his hand, but it will be worn out over time that failure. However, gold storage is important because it is next to the user. And bank deposits are not necessarily safe because it may bankrupt or organize a group of attack is lost, then there is no property for ourselves. Roll Eyes
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