Gold & Silver are safe than bank deposits ??

[demonz666]

right I agree with you gold and silver are safer and provide greater profits than deposits. the longer the money is saved the more the value decreases due to inflation. and fiat money is influenced by the instability of the dollar. so saving money in gold and silver is more profitable and safe.

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[Affilate User]

yes of course they are safer than having to make a deposit at the bank because if you deposit in the bank the money you have cannot be controlled differently when you buy gold or silver then you can control, secure and store your own assets.

[embargo]

Naturally, real assets such as gold and silver are safe to save their capital than bank deposits. Whether this or that bank will work tomorrow and will not become bankrupt is a question, but physical gold and silver will be real and have their own, it's 100%.

[aso118]

precisely bank deposits are safer compared to gold and silver, because at least when we deposit at a bank there is a legal umbrella that protects our funds from various forms of crime such as theft and reimbursement if the bank experiences a disaster, different if we buy gold and silver and store it alone of course all forms of risk are also borne by themselves

Millions of people continue to hold wealth in the form of gold. People are ready to safeguard their gold and take responsibility if it does get stolen. It is better to be in charge of your own destiny rather than leave it to banks. It is the same reason why people hold cryptocurrencies

[Reality5]

Investing in Gold and Silver may somehow be safer than bank deposits. Maybe in terms of price appreciation.

[romantic007]

I believe that precious metals will always have good prices. Also, looking at the statistics we can say that the interest in them only grows and it's more stable than national currencies (unfortunately).

[anti76]

this is a good investment idea.But you look at the profitability of the cryptocurrency.Clearly, the figure goes beyond the mark of 9%.So You decide where to invest.

[ParkSaezz]

They invest your huge money in form of cash or silver or gold, and get amazing profits. But they give you so little percentage.

[jatin729]

As we know investment in gold or silver will be very huge and it require security also because there is threat of theft because of its physical in nature. I think money in the bank is safer than gold or silver because banks comes under Regulation and it is bank responsibility to store your funds with full proof security.

[richmcrich]

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 ??

That’s a lie,  I don’t believe that,  banks are much safe than storing your money with golds and silver. How can you advise anyone to change their money to gold, where exactly are they going to store it, in their house or bury it? Makes no sense to me, cause keeping bars of gold in your house is not safe than saving your money in bank.

If you think it is safe then you can go ahead and do that. And by the way, what of when you want to use the money, who do you think will be ready to buy gold from you? I don’t even need to explain much to you.

[yohaneshs]

yeah we know about safe haven investments such as Gold and JPY but it's not a guarantee
Have a Big Gap if we compare with saving money in bank because it is a different instruments.

[First77]

How can you advise anyone to change their money to gold, where exactly are they going to store it, in their house or bury it? Makes no sense to me, cause keeping bars of gold in your house is not safe than saving your money in bank. If you think it is safe then you can go ahead and do that. And by the way, what of when you want to use the money, who do you think will be ready to buy gold from you? I don’t even need to explain much to you.

I am with top gold and silver dealers and they have overseas storage vaults in 5 countries for gold bars.

Have a look at this. It is something similar

[Kris34]

I prefer proven gold than deposits.  They are certainly also safe, but only if the bank is stable and has a license.

[itsik78]

Investing in precious metals is not a bad idea. Especially popular are gold and silver. Gold can not depreciate at all, and its price almost always grows. Silver helps diversify the deposit and also earn income in the future. It is only necessary to understand that there are also disadvantages: high volatility. The exchange rate changes with respect to world currencies, and quotations sometimes change dramatically

[First77]

Is China secretly building up its huge gold stockpile?

https://www.rt.com/business

[Saveplus]

Yes true gold and silver are better to invest than a deposits.To avoid bankcruptcy of a bank which our deposits maybe involve and never get back to us.Gold and  silver are not depreciated unlike in cash can be gone immediately if they have no value.

[jack wira]

gold and silver are mines that will be crushed by humans, the more up-to-date goods are to rise in price while for coins cannot be guaranteed .. investment in gold and silver is more expensive

[stellaekun]

It is even inconceivable that fiats or bank deposits will do better than gold , silver or the other precious metals, let's face it, they are printed paper that do not have real value, can be printed at will of Government

[mornabo]

Investing in precious metals is not a bad idea. Especially popular are gold and silver. Gold can not depreciate at all, and its price almost always grows. Silver helps diversify the deposit and also earn income in the future. It is only necessary to understand that there are also disadvantages: high volatility. The exchange rate changes with respect to world currencies, and quotations sometimes change dramatically

Yeah it would be better if you keep your wealth in gold, there is no inflation and depreciation, it is inversely proportional if you keep
your money in the bank for the long term. it might be risky to you, because your local currency might be subject to inflation right?

[manfredmann]

when investing in the bank and usually in the form of money and money from time to time of course will be less in value. perhaps in my opinion it would be more profitable to make gold or silver as an investment. because its exchange rate has never decreased

Yeah it is proven already over a period of time that gold and silver has increased their market value wherein the supply for these elements are slowly coming to a shortage so we will going to expect that every mined gold and silver will be available in the market with expensive market price especially in the near future.