Gold & Silver are safe than bank deposits ??

[nydiacaskey01]

They are good investments especially Gold because there's always a ready market for it and the price does not depreciate. The growth of investment maybe slow but still its better and stable than other investments, however for emergency purposes, its better to still keep fiat readily available in cases where cash is the only option to pay.

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[Ng93]

I don't see the point in shifting money from one asset to another. It's stupid and inappropriate. I believe gold and silver are not an asset for speculation but to save your money when the national currency falls.I also don't see the point in Bank deposits. It's utopia.

[t3m4nc0k]

it depends on the person who will invest the money and I don't think it's bad to invest in gold, but the profit is very little but it's the safest of the cryptocurrency that is far more risky

[Gabali126]

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 believe Gold and Silver are safer than bank deposits due to the possible high profits. Also, when the banks are in crisis, gold and silver are unaffected.

[munareal]

 I will rather deposit my funds in the banks they are safer. Keeping gold at home in too risky. One can easily be robed

[deus030518]

I will rather deposit my funds in the banks they are safer. Keeping gold at home in too risky. One can easily be robed

I believe that every kind of assets are risky, for instance as you mentioned you can get robbed if you keep gold your silver in your home. On the other hand keeping your funds in banks are not an assurance too as they can get bankrupt, and the same goes into cryptocurrency as it has volatility. It is really dependent on the persons preference on where they would put their assets they just have to pick their poison.

[aleksnutis]

I believe that these who make deposits are especially lazy. There are many ways to put money into circulation and earn more than 6.5 and 9% per annum. Let's be honest, we still need to take into account the annual inflation in the region of 3-5%.

[KINGCHACHA1]

Instead of keeping your money in the bank which of less benefit to your financial upliftment it is more profitable to invest the money  in silver and gold.

[curylebron]

yes, gold is safer than money bank deposit. The best way is to hold a certain amount of gold at all times. One of the real benefits of gold is that you can own and store your own in a safe place because they are very compact. And in any event of a recession or financial collapse, they can be used as a commodity exchange.

[amiramakam]

Gold is a gentle investment, although the interest is not large but stable and certain. The special point of gold is the high liquidity, the purchase of goods quickly. However, the abnormal increase of gold price with large amplitude is attractive to surfing investors but make many people keep gold feel panic. When deciding to invest in any field, investors need to have certain knowledge and knowledge about that field, so as the gold investment. In fact, there are many cases of newbie due to ignorance should suffer heavy losses.

[primejia]

yes, gold is safer than money bank deposit. The best way is to hold a certain amount of gold at all times. One of the real benefits of gold is that you can own and store your own in a safe place because they are very compact. And in any event of a recession or financial collapse, they can be used as a commodity exchange.

Empirically, they are very safe in maintaining value stability and full accountability in personal assets, but there is a negative stigma that gold and silver are too dangerous if stored in large quantities in one house, the real insecurity comes from the fear of being robbed, and even too difficult to make large transactions with calculated weights.

[cury30]

Gold is not the best option. For several years, gold has always been classified as an unstable investment channel compared to other investment channels because gold prices fluctuate, even deep down, causing many people to buy or repay debt. The gold was badly damaged. while bank deposits are safer and more stable. At the moment, saving deposits are more profitable than unstable investment channels such as gold and securities.

[xitrum]

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 believe Gold and Silver are safer than bank deposits due to the possible high profits. Also, when the banks are in crisis, gold and silver are unaffected.

Yes, gold investment brings more profits than banks and at the same time it offers more opportunities than banks.

In my country, they usually buy gold at the end of the year and their value increases by 5-7%, while they sell in April and cause the domestic gold price to fall by 3%. As such, I make 10% profit from gold every year

[Mr.grin]

I believe that these who make deposits are especially lazy. There are many ways to put money into circulation and earn more than 6.5 and 9% per annum. Let's be honest, we still need to take into account the annual inflation in the region of 3-5%.

in my opinion such assets will be very good when you have a lot of money. but if asked about security, maybe I would prefer a deposit with the bank, because of a strong security system.

[smt_red]

Demand for gold for the I quarter. 2018 in the world was minimal for this period in the last decade - the World Gold Council. I would rather deposit Bitcoin than give the money I have in the bank to gold and silver.
 

[Kita Kita]

Demand for gold for the I quarter. 2018 in the world was minimal for this period in the last decade - the World Gold Council. I would rather deposit Bitcoin than give the money I have in the bank to gold and silver.
 

Bank deposit is more safer than gold and silver but putting our money with banks will not give us a lot of money that's wy a lot of peole is choosing to invest there money with gold and silver and now investing in cryptocurrency is also better to do.

[Netnox]

They are safer than fiat deposits, but storage can be an issue. In the third world nations, there is always the risk of robbery or government confiscation. And if you chose paper gold, then the risk is of another type. The bank that issues this ETF can go down, and your ETF shares can be worthless.

[Gheka]

Demand for gold for the I quarter. 2018 in the world was minimal for this period in the last decade - the World Gold Council. I would rather deposit Bitcoin than give the money I have in the bank to gold and silver.
 

Bank deposit is more safer than gold and silver but putting our money with banks will not give us a lot of money that's wy a lot of peole is choosing to invest there money with gold and silver and now investing in cryptocurrency is also better to do.

Personally, I think bank deposits are not always as secure as you think, although the bank's security and protection system is very high but you should know that in any field, it will always have a dark corner, banks can still make your property evaporate without anyone knowing and they will not be responsible for that problem. You use the law with them is useless when they have all control, gold is probably safer when you are the manager but it is easy to fall into the eyes of others, so we need to divide the assets for both banks and gold, it will lift our safety to another level

[First77]

Personally, I think bank deposits are not always as secure as you think, although the bank's security and protection system is very high but you should know that in any field, it will always have a dark corner, banks can still make your property evaporate without anyone knowing and they will not be responsible for that problem. You use the law with them is useless when they have all control, gold is probably safer when you are the manager but it is easy to fall into the eyes of others, so we need to divide the assets for both banks and gold, it will lift our safety to another level

7% interest p.a when giant banks have $1,000,000,000,000 assets that is the greed and taking money from hard working people.

[nbavba]

Previously, interest rates on long-term savings deposits were very high. However, many years ago, interest rates on savings deposits continued to decrease. For those who have the habit of depositing idle money into banks to reduce risk and preserve capital, saving money is the safest and most transparent option. However, this is not considered an attractive investment channel because the profit is negligible, compared with the profit from gold investment at this time is also not higher. Investing in long-term savings will not be a loss, but profitability is not high. Compared with saving, gold is a very high liquidity, the purchase is fast. However, the abnormal increase of gold price with large amplitude is attractive to surfing investors but many people keep gold feel panic. For those who have not enough money to invest in real estate but want to make a profit that is wise enough in investment and can accept the risk of unfortunate occurrence, gold is a channel to invest appropriately.