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Author Topic: Gold & Silver are safe than bank deposits ??  (Read 19206 times)
jatin729
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September 18, 2018, 05:22:05 AM
 #561

I don't think physical form of any asset is not safe because there is always threat to theft. If you store money in bank so you will have security because banks are centralised institution and their responsibility to secure you money if any fraud happen they are liable to pay you your money according to law.

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September 18, 2018, 05:56:38 AM
 #562

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.
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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
agree with you. if gold and silver can be stored properly, then that might be very good. the main problem that a real investment has is how to keep and store it. it is very difficult without bank assistance. well, for me it is better, but we know that keeping gold and silver is very difficult.

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September 18, 2018, 06:28:17 AM
 #563

Well money deposit is fix profit and for gold and silver is more like investments, it does have a risk even though seems like the risk are small, but still you need to sell it on the right time to gain profit from it.
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September 18, 2018, 06:44:41 AM
 #564

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, banks are still safer since gold and silver are physical assets that can be stole from you so easily depending on your place.
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September 18, 2018, 08:14:35 AM
 #565

Right, I agree with your 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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September 18, 2018, 12:05:03 PM
 #566

Yeah, gold and silver are the safest investment. Even though you see a dump on those sources. But, if you look carefully, every year gold and silver price are goes higher although they got dumped or something. You probably never heard that gold and silver got huge drop, that's why for investment you can try gold and silver.

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September 18, 2018, 12:10:09 PM
 #567

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 ??

Theres no other safest investment than gold and silver because of physicality the only problem is how to keep this safer since this is prone from bad elements specially robbers and thefts so if you can do it on your own without needing other helps then you can have gold and silver than bankings
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September 18, 2018, 12:16:08 PM
 #568

If there is no other option like crypto, I will deposit money to the bank. Gold and silver are obviously safe in terms of value but not safe in storage, i'm so afraid thieves break into the house.
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September 18, 2018, 12:28:00 PM
 #569

go big or go home, there are people holding gold won bold in a minute. But when the golden tsunami withdrew, the market calmly returned, many of whom fell into the big hole because of a jump in the wrong rhythm. At this point see the gold winners are little, the losers are many. so I think bank deposits is safer.
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September 18, 2018, 02:35:12 PM
 #570

Gold and silver cannot be safe. There many reasons available. Even Platinum also. So before deposit think that, your way is right. It will help you a lot.
My investment in gold and silver is the safest investment, gold and silver investment has been going on for years and so far it is still the safest investment. Maybe we should choose gold instead of bitcoin because of its safety
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September 18, 2018, 08:07:23 PM
 #571

Right, I agree with your 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.

Some $40,000,000,000,000 is invested in gold worldwide. As they say "money is measure of success"
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September 19, 2018, 02:08:45 PM
 #572

If there is no other option like crypto, I will deposit money to the bank. Gold and silver are obviously safe in terms of value but not safe in storage, i'm so afraid thieves break into the house.
I'm sure the security in your country is very bad, and for my country, the bank is worse than thieves. In 2008, one-third of banks announced closure, again in 2017 half of which declared closure. There are so many people losing big money with the bank, with me nothing safer than gold and bitcoin
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September 19, 2018, 02:33:29 PM
 #573

More stable investments are investments in gold. Bank deposits are no longer stable, but the positive side is that they are insured. But when opening a bank deposit, it is necessary to take into account the inflation rate.
therefore gold is now a lot of investment because it is safe and trusted from the past until now that gold is a good investment rather than a deposit in the bank. because banks are now often less stable
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September 19, 2018, 02:47:03 PM
 #574

More stable investments are investments in gold. Bank deposits are no longer stable, but the positive side is that they are insured. But when opening a bank deposit, it is necessary to take into account the inflation rate.
therefore gold is now a lot of investment because it is safe and trusted from the past until now that gold is a good investment rather than a deposit in the bank. because banks are now often less stable
They are like treasures that we can keep and sell anytime without losing, though they are hard to have now, we need to know their classifications to not get fooled.

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September 20, 2018, 12:01:06 PM
 #575

Gold and silver have been one of the best value-added products since ancient times, and their appreciation potential is huge; now inflation is increasing in the world.
Gold, silver, and global markets are hugely traded and are not controlled by large investors, and are related to international policy, war, dollar, and crude oil price movements.
If you invest, gold and silver are the best choice!
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September 20, 2018, 12:09:16 PM
 #576

I think that when investing in gold, it creates a stable interest rate and it seems to be for those who like to be safe and spend less time on it. Conversely, if you want to make a bigger profit and help you get rich, go to Crypto. But that is a risky choice, you can lose everything. So, think carefully before making a decision

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September 20, 2018, 12:36:26 PM
 #577

I will rather deposit my funds in the banks they are safer. Keeping gold at home in too risky. One can easily be robed
Every asset are risky to have, lot ? cars? houses? cryptocurrencies? Gold? Silver? they are all risky to have since they have value and prices is not that stable. All assets contains volatility (high or low) and causes price discrepancies through time. Even money on banks is risky too, some circumstances hackers and robbers are really trying to get in the banks.

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September 20, 2018, 01:04:54 PM
 #578

Precious metals have always been one of the most stable investments with constant profit. But banks are also different, some can compare its stability with gold, but the profit will be noticeably lower.
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September 20, 2018, 03:03:47 PM
 #579

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 you are not aware of the benefits of bitcoin, bitcoin is the most secure electronic currency in the deal with high levels of security. Bitcoin is safer than any bank or gold coin, and the chances of a big profit from bitcoin
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September 20, 2018, 03:10:21 PM
 #580

Precious metals have always been one of the most stable investments with constant profit. But banks are also different, some can compare its stability with gold, but the profit will be noticeably lower.

Yes, compared to the profit we can get here in crytpos, banks really have a very slow profit and sometimes we cannot feel that our investments is adding up some profits.

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