Gold & Silver are safe than bank deposits ??

[resty]

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 ??

We all know that real investment like gold and silver is much better return of profit because of consistency and stable income but remember that is only a few profit while crypto currency like bitcoin is obviously much bigger profit than real gold or silver. right?

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[bonammeo]

This theme seems to have been mentioned many times already. Gold and silver have proven its worth since very long, thousands of years ago. In particular, gold prices have risen steadily over the years, though it has grown slowly but surely.

[Pab]

Both are over speculated and controlled by whales
Gold is  not any safe heaven it is only hedge to  us dollar
Gold is not so much in use price is very easy to manipulate
There is similar story with silver but silver is much more in use

[Globalbitcoinl]

at the time of the crisis, Yes, of course, but at the time of growth, you can shift to other assets

[MichaelOwen]

I think it is safer to use gold and silver as a means of storing assets because it is not affected by external factors such as weather or weather. For example, there is a tsunami in your homeland, it completely destroys the bank you send money, you will lose it, but with no gold, its value is still intact.

[Johann Cruyff]

I think gold or silver isn't changed by the impact of the market. It can be understood that it exists in parallel with human life.

[AlexKr]

Investment in precious metals in my opinion is more reliable than deposits in banks.

[conected]

Investment in precious metals in my opinion is more reliable than deposits in banks.

- Well, the advantage of precious metals is that its value is very stable, growing steadily and surviving over time but these precious metals are easy to attract people, more precisely, people always think that the person who owns many precious metals is very wealthy, especially criminals, they think so and you accidentally become the target when you hold too much gold and silver. While banks are more reliable, especially large and well-known banks, their protection and compensation policies are very good, you will not need to worry about dangerous criminals

[demonz666]

I would rather invest my money in gold and silver than bank deposits. because investment deposits are only a small profit and we cannot take our money at any time when we need it. and money that is kept too long in the bank will be affected by inflation. It is better to invest in gold whose value every year is always rising and also gold can be accepted and traded throughout the world. and now gold can also be traded online. Online gold trading can avoid the risk of inflation. so I prefer to save gold than deposits

[jcarlo]

Gold and silver is the same hype based speculation as bitcoin and litecoin
Buy cheap low and sell expensive high.... sad but true, but I am thinking that gold is not valueable as for example cars or houses

I think gold and silver is safest investment compare others. Gold and silver already known for thousand years and its safe haven investment. Gold more resistant than inflation and compare with fiat money, gold and silver much more valuable

[Pan Troglodytes]

Gold and silver is the same hype based speculation as bitcoin and litecoin
Buy cheap low and sell expensive high.... sad but true, but I am thinking that gold is not valueable as for example cars or houses

I think gold and silver is safest investment compare others. Gold and silver already known for thousand years and its safe haven investment. Gold more resistant than inflation and compare with fiat money, gold and silver much more valuable

Fully agree, just with a minor comment: they are perfect vehicle to preserve one's capital. But in order to invest to grow your capital, you must choose some more risky investments.

[OrangeII]

Investment in precious metals in my opinion is more reliable than deposits in banks.

well, of course the two objects are the best objects for investment. well, gold and silver are things that have long been used as long-term investment tools. well, gold and silver have intrinsic value that always increases day by day.

[niteroy]

If you purchased gold or silver and keep it at home in a safe, and not in a safe deposit box, then of course in this case your investment will be safer than a deposit in a bank. Invest in Bitcoin, if you believe in it, then you will get a lot more profit than by investing in gold and other precious metals.

[dimox]

you can choice to sell everything you have anytime with gold if you need money.
i ever offered to invest in bank, and it cant be taken until some years. but they will rise your fund in there.
its depend people will deposit in bank or gold. you know where is the safe place, maybe in bank, gold, or put on crypto

[satriagedhe]

yea , gold and silver are good for " safe " investment , the price year by year mostly rise up and never get down as i know , up to you

[Umkar]

The fact is that when buying gold for dollars you must take into account the inflation of the dollar, which constantly eats it. $100 today and $100 five years ago are different amounts. It is necessary to understand that the dollar only becomes cheaper every year. Cryptocurrencies can generate more financial returns than any other investment asset in the form of gold, silver or platinum.

[Betwrong]

Gold and silver is the same hype based speculation as bitcoin and litecoin
Buy cheap low and sell expensive high.... sad but true, but I am thinking that gold is not valueable as for example cars or houses

Why do you think it is sad? Our world is a big marketplace, and there's nothing to be sad about, you just have to adjust. Also, I think gold is much more valuable than cars and real estate in the long run because it is never growing old. But, if you don't have much money, I agree that it is better to buy things that you need right now rather than buying gold or silver.

Whether it's safer to buy gold and silver instead of depositing money to banks depends on many factors, one of the main of which is what is your bank. If it's a Swiss bank then keeping money there is better because: 1. You will hardly lose it; 2. You will get some interest on your deposit. Keeping gold in a vault there will cost you money. But if it is Banco Central de Venezuela, then it's whole different story, but, in short, I wouldn't recommend keeping gold in a vault there either.

[waqasniaz007]

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 ??

Gold and silver are secure because both are assets. Money is printed by bank and it create inflation when print more,  Thus value of money can decrease. Asset like land gold silver are assets and have value.

[armarsterling7]

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 it will not be safe in my country. In Vietnam, there are a lot of bandits and people are afraid to leave gold or silver at home. So they choose to save money in banks to avoid being robbed and causing damage to their lives. It depends on the level of security in the countries of the world.

[KorakPawon]

Yes, it is. Saving money in a bank perhaps gives you more, but it takes even more and more. Just tae a look on your saving account book, you'll see how your money been cut and lose from your hand. However, when you invest it on gold or silver it will never take anything from you, unlike money on your saving. But, both gold or bank account are still have risks you need to consider.