Gold & Silver are safe than bank deposits ??

[OnceTwiceThird]

Yes more profitable gold and silver investment than we have make bank deposits, much increase of gold and silver investment than bank deposit because by using bank deposit we have waiting too long time for withdrawal our money.

[yatogami]

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.


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 is closely connected to inflation of fiat currencies such as US dollar and euro. Yes, its price doubled in mid 2000s, but the value of dollar also fell 40%.
Precious metals were considered to be a "safe haven" during the financial crisis in 2008 and many people invested in gold and silver in order to protect their funds from devaluation.
On the whole, I think investing in precious metals can be as risky as investing in crypto, so I prefer keeping my money in a reliable bank and get that stable yearly profit.

[cetald]

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 the safest investments. About this says Robert Kiyosaki. But safe - it does not mean that they are the most profitable. As a rule, investments in metals are used to diversify risks, as well as for the flow of capital during crises.

[Wayan_Pedjeng]

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 ??

From where did you got the percentage returns for the year 2019? 2018 is still not finished and how can you talk about 2019 then? That is, unless you have invented some time machine and traveled forward in time. Your post doesn't have any credibility.

[Louis Jackson]

I totally agree with you that gold and silver are safer than depositing money into banks. Because when your money is deposited into a bank, any risks that occur to a particular subject matter, you will not get the money back and gold and silver will retain its material value.

[Triwiyono]

I don't know for sure how safe a deposit is at a bank, like playing stocks or just saving, if you play stocks there maybe profits and losses, because prices can go down and up.
if you want to be safe and certain, it is better to buy gold, because gold will not die, many people continue to hunt for gold, surely the price of gold will continue to up. according to investment in gold it is very safe.

[JohnBitCo]

Gold is not a good investment, but it is the safest "conservative" of value that exists.
But this only works if you have gold, and you have hidden it somewhere. If you only have certificates, your gold is worth only card.

These days people do not collect gold. Also the value of gold is mostly stable and one may not gain much profit only by holding it. The only benefit of gold is that it will not loose its value in the long term. For short term profits, bitcoin is the best option and many people are already getting nice profits from it.

[musharaf]

Bank fixed deposits  are also safe but if we talk about gold and silver they are safe but the keeping of them is very risky if some one want to keep it at home and banks deposits are at bank so you are free from this tension and you can do what you want without any further security or any thing Banks are the major financial system of our country and in the world banking industry is the biggest among all.

[Andika23]

I think it's better to be clear gold and silver, because with you saving your money in gold and silver the value you save will not decrease, you will get profits every year.

It is very different from you saving in a bank, they have interest which will be deducted every month and the money you save will experience a reduction even though the amount is small. If you want to save money and you don't want your money to decrease at all better in gold and silver.

[bummm]

I am a woman, so I really like gold and silver, besides being good for investment, gold and silver can also be used for jewelry.
the price of gold also never decreases, even if we sell it maybe the price will be cut slightly.

So, wear this jewelry and take pleasure of it. As for the money, better deal with the banks. If you work with the cryptocurrencies (I understand you do it), it can give you an additional income.

[cryptjh]

I haven't got any interest from my bank deposit, the last 5 years, here where I live in Europe, no one gets any interest anymore on bank deposit, the interest has turned negative, so far only for bigger companies, but also for home mortgages, however people can't lend money for free, they just added a fee on top of negative home mortgages.
I'm not sure that gold and silver are a safe haven, but it seems to be a good option, just like bitcoins.

[mbluxs]

The gold instrument is indeed quite suitable to be able to save our assets but it will not provide a lot of profit profit, because here to maintain the value of money from inflation

[mersal]

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 ??

yes if you are depositing your money into a bank it will not grow anymore the percentage of income are also very low but the gold is more stable and developing in recent time so comparing to bank ok the investment on gold and silver will be very effective nowadays.

[Chikitita2004]

Gold and silver are most preferable of course than cash in the banks but the danger of storing them in your home also needs to be considered or you will need to make insurance for it or store them also in the banks but still both will have expenses. As you pay charge to banks for your cash monthly for keeping it and hardly enough pay you interest, depending on the inflation and deflation rate in your country, I think all choices mentioned above have disadvantages. I've heard also that in India holdings of gold is now limited, so what if you have tons of gold inherited from your parents, will the government confiscate them because they are too much?

[serjent05]

When it comes to which is more secure investment between the three, I think it will be gold and silver because with time silver and gold value increases while money remains the same depending on the inflation and deflation rate of your country but if it is safer to keep them at home I don't think so. You can keep them in banks and pay the bank for keeping but your profit will just depend on its value with time.

[akram143]

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 ??

both the gold and Bank investment are like the same especially in gold it will give a huge loss only because the economy of gold is made up like that if we want to buy a new gold the value of the thing is more higher and if you want to sell it it will be half of its original price so I think that cryptocurrencies is the best way to store money other than gold and Bank.

[syamster]

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 ??

both the gold and Bank investment are like the same especially in gold it will give a huge loss only because the economy of gold is made up like that if we want to buy a new gold the value of the thing is more higher and if you want to sell it it will be half of its original price so I think that cryptocurrencies is the best way to store money other than gold and Bank.

Having so much gold is not worth profiting but it is only risk for your life, better if you hold your money in crypto currency as it does not charge that high but it gives good profit at the end, in gold or silver you will never be able to sell with the price you bought as with every purchasing and selling price will be reduced by the merchant but crypto currency always increases the price.

[whirlcoin]

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 ??

most of the people trust in gold and silver mostly but I think more than gold and and banks cryptocurrencies is the best way because the laws are always higher in gold investment and when it comes to banks the percentage of income will be very low so comparatively cryptocurrency investment are more ahead from these things.

[Mometaskers]

They are considered conservative investments for a reason. You don't exactly make much but you don't lose much either. And precious metals do have intrinsic value. In a world without fiat you can still bet people would still want gold and silver.

[andriarto]

They are considered conservative investments for a reason. You don't exactly make much but you don't lose much either. And precious metals do have intrinsic value. In a world without fiat you can still bet people would still want gold and silver.

besides that, I think that between eas and silver above inflation, it makes it safer. different from saving money in a bank, where profits are below inflation. but investing in gold in the form of goods also has risks, because it can be lost stolen by people