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okala
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April 22, 2019, 06:37:44 AM |
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Yes, while many people assume their assets are protected, there have been historical instances where governments have seized citizen property stored in banks.
In as much as government take over people found in the bank this thread is solely for interest differences between bank deposits and sivlve and gold, while the interest on bank account comes in annual rate some time 3 months or 6 months to one year if you add them together you may end up generating interest higher then that of gold and silver. Just done a proper review on the interesta base on the percentage you stated in the post. |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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markj113
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Activity: 2254
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April 22, 2019, 08:42:06 AM |
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Bank deposit will be secure your amount of money in the future and anytime once you want to get it you will get it for sure.
Gold and silver gives you high profit everyear and your income from them you can deposit it through bank.
I think you need to read up on the bank bail in laws and Cyprus as a test case. In as much as government take over people found in the bank this thread is solely for interest differences between bank deposits and sivlve and gold, while the interest on bank account comes in annual rate some time 3 months or 6 months to one year if you add them together you may end up generating interest higher then that of gold and silver. Just done a proper review on the interesta base on the percentage you stated in the post.
Most banks pay an interest rate below inflation so year on year any funds held in a bank account lose purchasing power. |
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TrumpD
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April 22, 2019, 09:37:23 AM |
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Gold and Silver are better than bank deposits and not safer. It is better because gold and silver offers more interest or profit from your money when you put it to these kind of precious metals rather than depositing your money in bank because if you will do that then you will have almost no profit since they don't offer a high interest annually.
You are on self contradictory on your own post. "Gold and Silver are better than bank deposits and not safer." You told Gold and silver are better and on the latter of the sentence you told it is not safer. I think you are on the wrong way you you type it by mistake. |
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bonker
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April 22, 2019, 05:07:31 PM |
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Gold and Silver are better than bank deposits and not safer. It is better because gold and silver offers more interest or profit from your money when you put it to these kind of precious metals rather than depositing your money in bank because if you will do that then you will have almost no profit since they don't offer a high interest annually.
You are on self contradictory on your own post. "Gold and Silver are better than bank deposits and not safer." You told Gold and silver are better and on the latter of the sentence you told it is not safer. I think you are on the wrong way you you type it by mistake. I think he meant to say that value of our money will be safer when we hold it as gold or silver but keeping gold and silver is not safe due to high chance of getting theft. Eventually we need banks if we hold gold bars because we can't pay anywhere with gold,fiat money act as the medium of payment. |
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Leh-Meh
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June 16, 2019, 06:58:45 AM |
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this is true, but it depends a lot and to be honest, where are you keeping your gold? it is not safe to have it on your house because you can get them stolen, and that is not sometihng that happens with banks You can keep your Gold and Silver in bank lockers. Exchange rate of gold and silver has never decreased so it would be more profitable to make gold or silver as an investment. Gold and Silver protects people's wealth during wars, natural calamities and economic crisis. |
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Vishnu.Reang
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June 16, 2019, 07:06:50 AM |
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Storage is a big issue with bullion. You can either store them at home, or using bank lockers. Both have their own demerits. Where I am living, robbery of gold is very common and therefore people tend to store their gold ornaments and coins in bank lockers. And here is the issue. Bank lockers are not 100% safe, and on top of that they are vulnerable to confiscation from the authorities.
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Question123
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June 16, 2019, 02:58:36 PM |
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Im not investor of gold and silver but I saw the improvements of the gold the value is very low and now is very high per gram and many investors became rich because of the gold but in silver less opportunity I think. Bank deposit is still important to save our money but low interest that you get but if we want more profit gold is more better and good choices among the three choices that we have.
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finaleshot2016
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Degen in the Space
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June 16, 2019, 03:41:32 PM |
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Im not investor of gold and silver but I saw the improvements of the gold the value is very low and now is very high per gram and many investors became rich because of the gold but in silver less opportunity I think. Bank deposit is still important to save our money but low interest that you get but if we want more profit gold is more better and good choices among the three choices that we have.
The OP is asking if it's safe to deposit in the bank, well my answer is no. There are many cases already that seizing of banks and bankruptcy is the main issue of losing money. I agree to you that gold & silver are way better because that's physical and you can see it while waiting for the pump. You can use gold and silver in case of emergencies in your life. Therefore, Gold and silver are way more essential than bank deposits. |
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Febo
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June 16, 2019, 03:52:25 PM |
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Gold & Silver are safe than bank deposits ??
Gold and Silver that you dont hold at home properly secured are same safe as bank deposits. They can be easily taken away from you when government decide so. |
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BigBos
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June 17, 2019, 03:36:55 AM |
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Gold & Silver are safe than bank deposits ??
Gold and Silver that you dont hold at home properly secured are same safe as bank deposits. They can be easily taken away from you when government decide so. well, the potential is the same, only the way to use it is different. maybe the deposite in the bank will be easier and the risk is low. while having gold and silver is more troublesome, and the risk of loss is high. for now, I choose a deposit, because it's simpler. |
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brotherwood12
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June 17, 2019, 10:18:20 AM |
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yeah investing on gold and silver are giving better profit than bank deposit's but i think the main problem of that is placment of that gold /silver itself
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Hemady17
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June 17, 2019, 12:17:40 PM |
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In banks they have a safe deposit box. It is individually secured container, usually held within a larger safe or bank vault. I think banks are triple wise and safe that every one will assure that their deposits are in good hands. If you have a bar of golds it is more safe to secure it in banks. Everyone of us has a freedom to choose on what is best.
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geegaw
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June 17, 2019, 12:54:04 PM |
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Gold & Silver are safe than bank deposits ??
Gold and Silver that you dont hold at home properly secured are same safe as bank deposits. They can be easily taken away from you when government decide so. well, the potential is the same, only the way to use it is different. maybe the deposite in the bank will be easier and the risk is low. while having gold and silver is more troublesome, and the risk of loss is high. for now, I choose a deposit, because it's simpler. Sending money to the bank is really safer when they always prepare a multi-layer security system and a very professional bodyguard team, holding gold and silver will not be safer than banks when the security of each individual can only be relative. But most people will focus on gold and silver, instead of banks because it is a matter of interest rates, banks only provide us with a small amount of profit while if we invest in gold and silver in the right way, profits are superior to banks, relative safety is still enough for us to risk |
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