Deposits-in the bank or in gold?

[STT]

Silver is industrial, mined alongside lead it often performs like its not a precious metal but they need it for things like Solar panels as it performs better then any other metal in some ways apparently.   However the extremes are even greater then gold which means its not for the light weights who might be tempted to sell on weakness because silver is often weak from what I've seen.   Its also true that the speculative profits from silver is far greater then gold, it can spike and surprise 99% of the market when it does.
   If I'm looking at a silver mine or silver mine owner I want to know how they will survive, do they mine copper and gold too because thats probably what they need to not run out of money while waiting for the long game appreciation.  I wish we still had silver coins, they are anti bacterial and actually make sense but my way to collect silver would be buying old cutlery (its unpopular now) or something  basic like that not big money for me outside of that prior idea I mention of diversity.

Commodity markets, supply demand volatility and speculative swings is how I view BTC which is why I think of them all as related tbh.

[Huppercase]

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

That is not how bank work and that is not how bankrupcy result. If a bank announce today that they are filling for brankrupcy, it means that their debt is more than what they can handle, their total reserve cannot settle the debts and customers they owe, so when they fill for that, all customers must be ready to take their losses, the customers may not or may have some money back, depends on the condition of the bank prior to when they announced the bankrupcy. Whether you deposit fiat or gold, it doesn't matter, gold will not protect you anytime there bankrupcy; a word of advice, avoid the bank if you can do it.

[JeffBrad12]

Invest in Gold but not at once and also not the complete amount you have in liquid. Keep some liquid funds in your bank account or do some deposits with an easy withdrawal option. But good returns will be from the Gold investment. You can also try Silver because it is giving good returns and also it keeps the potential to give a good return in the future.

Silver might provide good returns as well but Gold seems to be a better investment for the long run due to the lower risk factor and it is also more valuable and unique than Silver and we all know what happens when something has a limited supply and a very high demand, Bitcoin is a live example of that in front of us.

One can also invest in real estate if they have enough liquid to spend after buying Gold and Silver, real estate is a great investment for the long run considering the prices of properties keep increasing almost every month in any part of the world.

if it's for investment i'd say gold is far better than silver, even though i may be biased but we all know that gold known for its capability of storing its value and the fact that there are many religion faith revolving around gold just add the strength of the gold containing the inflation basically going up against the inflation that eats up our wealth.
if it's for the sake of investing simplicity, investing in real estate seems like really complicated for the fact that liquidity isn't always there, investing in real estate like investing in NFT but with more utility, it's unique asset that you invested which have really low liquidity, even you'll take long time before you could sold real estate at deserved price.

[loopes]

Invest in Gold but not at once and also not the complete amount you have in liquid. Keep some liquid funds in your bank account or do some deposits with an easy withdrawal option. But good returns will be from the Gold investment. You can also try Silver because it is giving good returns and also it keeps the potential to give a good return in the future.

Silver might provide good returns as well but Gold seems to be a better investment for the long run due to the lower risk factor and it is also more valuable and unique than Silver and we all know what happens when something has a limited supply and a very high demand, Bitcoin is a live example of that in front of us.

One can also invest in real estate if they have enough liquid to spend after buying Gold and Silver, real estate is a great investment for the long run considering the prices of properties keep increasing almost every month in any part of the world.

Just go back to what the initial option, gold or bank deposit, because silver is not profitable enough than gold. if anyone should choose between silver and gold, i am sure that gold will be chosen. so, the Original Poster needs liquid storage in bank and stable investment like gold. I think OP should make an proportion such as 30% on bank Deposit then 70% on Gold investment. 

[koleusdat]

If I may get you correctly you are talking of buying Gold as a currency to trade and hold? Just as few have mentioned banks doesn't sell gold but for some security reasons you may decide to store them over there. But practically you can change the narratives of buying digital gold which is Bitcoin and hold with this you are in possession of your asset and there's no risk of bankrupt or government in control of your assets. Digital money being bitcoin gives you more edge than fiat and it doesn't make any increase all less in a fixed deposit account.

Thanks for the answer, I decided to invest more in bitcoin than I had planned. Perhaps I will put some part on gold, but here, too, the earnings ratio is questionable.

[Cuenta Alternativa]

Perhaps I will put some part on gold, but here, too, the earnings ratio is questionable.

How much gold do you plan to buy? Think that if you buy small amounts you will pay a huge premium. With bitcoin you will pay less buying and selling commissions.

[posi]

While it is possible to purchase gold through a bank, there are also other ways to invest in gold, such as through exchange-traded funds (ETFs) or physical gold bullion. When investing in physical gold, it's important to consider storage and insurance costs, as well as the potential for fluctuations in the price of gold.

It's also worth noting that while gold may be a good option for protecting against inflation, it may not necessarily generate interest in the same way that bank deposits do. However, the potential for capital appreciation over the long term may offset the lack of interest income.

Ultimately, the decision of where to invest savings depends on an individual's specific financial situation and goals. It's important to do thorough research and seek professional advice before making any investment decisions

It seems to me that deposits in banks do not save even from inflation, and when you bring gold to the bank for sale, you may be required to have many different income documents, and you will have to sell gold cheaper to private buyers. Cryptocurrencies also have a lot of risks, but then buying real estate can become a more acceptable option for preserving wealth

In a recent survey, real estate was considered the safest and most invested asset by investors in the world. But nothing is perfect or absolutely safe, real estate will also become worthless when the country has wars, natural disasters, floods...It can be said that everything has its risks, and we need to accept if that happens to us, and diversification is the best way to limit risks and maximize profits. If you have a lot of money, invest in all 3 gold, bitcoin, real estate, if you don't have too much gold and bitcoin should be an option. Limit the amount of money deposited in banks.

[Alisha-k]

This 2 shouldn't even sit on the same table not to talk of being compared, gold is by far a better option than storing your value in a bank, banks don't give interest, they'd rather take from you than give you but investing in gold, you have the opportunity of making more money as the value of gold appreciate alot of times.

My opinion

[Similificator]

There are many trust bank in the world, do not try to store your money into untrustful bank. but storing your money in bank for long term is not recommended because the rate of inflation is higher that the rate of interest that is given by bank. You have to choose inverting in gold if you want to hold your wealth for a long time without have a worry about inflation. 

Of course, that is already a given.

And yes, the inflation rate vs the interest rate that we usually see banks offering nowadays makes putting your money on banks not that appealing. Which makes diversifying your investments is a better choice and putting some into gold is one of them. But the thing is, on a daily basis, it is pretty difficult to use gold in exchange for necessities and services that we need. And the same thing goes for emergencies that requires you to have money to spend fast. Which is why I told OP to "just keep an amount that is enough for you to use in your daily life plus emergencies on bank accounts and keep the rest on investments like gold, silver etc."

[Grasper]

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

Putting money everywhere is risky, putting it in a bank or even buying gold as investment or crypto is risky but it is normal because you put your money in others hand to earn interest and earn, for me investing gold or crypto is the best option it is also risky but if you are lucky you can get a big return from the money you capital in buying it than putting it in a bank.

Yes the risk is everywhere, we should not be thinking of it as such to avoid stopping us from pursuing our goal. Money is made every day and the high mind of risk for investment will put investors into many gains. Those who will have their long term investment plan on gold and bitcoin can not lose in the end, the best of the two has not been seen, people will continue to pump their money. The two are therefore good for the reason that there will be time when money will be taken from gold to bitcoin and from bitcoin to gold. Some kind of adjustment in price favors may happen and will be shifting the price of the two. By possessing the two together, the risk will be less and profit will be made in the future for sure.

[safar1980]

While it is possible to purchase gold through a bank, there are also other ways to invest in gold, such as through exchange-traded funds (ETFs) or physical gold bullion. When investing in physical gold, it's important to consider storage and insurance costs, as well as the potential for fluctuations in the price of gold.

It's also worth noting that while gold may be a good option for protecting against inflation, it may not necessarily generate interest in the same way that bank deposits do. However, the potential for capital appreciation over the long term may offset the lack of interest income.

Ultimately, the decision of where to invest savings depends on an individual's specific financial situation and goals. It's important to do thorough research and seek professional advice before making any investment decisions

It seems to me that deposits in banks do not save even from inflation, and when you bring gold to the bank for sale, you may be required to have many different income documents, and you will have to sell gold cheaper to private buyers. Cryptocurrencies also have a lot of risks, but then buying real estate can become a more acceptable option for preserving wealth

In a recent survey, real estate was considered the safest and most invested asset by investors in the world. But nothing is perfect or absolutely safe, real estate will also become worthless when the country has wars, natural disasters, floods...It can be said that everything has its risks, and we need to accept if that happens to us, and diversification is the best way to limit risks and maximize profits. If you have a lot of money, invest in all 3 gold, bitcoin, real estate, if you don't have too much gold and bitcoin should be an option. Limit the amount of money deposited in banks.

Real estate is better to buy where there is no war, natural disasters, floods. When the war starts, it will be difficult for you to transport gold to another country, or leave early, but still it is difficult to transport a lot of gold through customs control. Bitcoins will be a good way to transfer property across the border.But buying cryptocurrencies can be difficult.

[DanWalker]

~snip~

But buying cryptocurrencies can be difficult.

I don't get it, why is it so difficult to buy crypto? As far as I know, most of the governments have become more crypto-friendly than in previous years, they are no longer banning it but instead adopting it with some regulation attached. There are only a few countries that are still extreme with crypto, but I also don't see many people having trouble buying bitcoin or crypto while in those countries. The only downside I see with crypto is its volatility and that's why it's still considered a riskier asset than gold or real estate. But in terms of investment, the higher the risk, the higher the return.

[coupable]

There are several differences between depositing in a bank account or buying gold, but both represent an effective method of safe saving if we take into account that the gold will be deposited in a safe place after purchasing it. These differences can be summed up in some points : It must be admitted that saving in banks is usually considered safer. Where the funds are kept in bank accounts that are legally protected and guaranteed by the financial authorities of the authorities of the country in which the bank is active, which proves that they are subject to protection and monitoring procedures on a regular and official basis as well. He added that individuals can benefit from interest on their deposits in banks, at the same time that buying gold is a riskier investment, since its value is directly affected by fluctuations in the precious metals market, in addition to economic and geopolitical factors.

[jaberwock]

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

Right now, instead of keeping my money in banks I rather put it in Binance or any trusted wallet but I scatter it I mean I will not put big amount of money I just 1 wallet, I will just make sure that these wallet has multiple factor authentication that cannot be hack so easily. You can also try to put something in earn program of binance so that your money will grow little by little if you want.

But, what is the difference between the two? I know binance is mostly crypto based but both of them are still centralized so your money was still not safe in binance. Other than that, you aren't still immune to inflation if you don't convert your fiat to crypto.

Better if you do it and then transfer it to a trusted wallet where you own your private keys but that's right don't put most money in one source so that you still have something left once something bad happen to one of them. In the op's question, of course I will go for the gold but as long as I will hold the gold because some gold investment can be owned by a bank or the government.

[Smartprofit]

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

There are several ways to invest in gold. 

The first option is to buy jewelry.  In my opinion, this is not a very good way to invest in gold, since jewelry is made from low-carat gold (gold is mixed with other, cheaper metals). 

The second option is to buy investment gold coins in a bank.  Investment coins usually do not have a collection value, they are made of high-quality gold.  Usually they are not subject to VAT.  At the same time, commercial banks very often set a high spread on them between the purchase and sale prices. 

The third option is to buy gold bars in the bank.  A gold bar is gold of a very high standard.  It must be handled very carefully, because gold is a very soft metal and can be easily scratched. 

The fourth option is to open an unallocated metal account in a commercial bank.  This is a deposit account denominated not in fiat currency, but in grams of the precious metal.  The deposit on such an account usually does not accrue interest.

[Fortify]

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

For anyone who has been watching gold over the years, it can be such an erratic way to store value and it's pure random luck what's happening when you want to sell. In good economic times, money can often pour out of gold because it doesn't give a regular return (you're just hoping you can sell it higher after you buy it). In bad times, the big money has often already moved into it long before and the average investor is usually very late to the party so will be lucky not to lose a chunk of their investment in the waves of boom and bust. If you like it because it's shiny and you have plenty of spare money around, it is a perfectly fine investment but you should limit it to 5-10% of your assets (maybe having a crypto amount within that total too)

[Crypto Library]

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

To save your savings, it is the best way to don't hold the money in your bank account and it is obviously make a good sense to buy gold for protect your wealth from the inflation and the bankruptcy. In this case, buying gold is a good decision, and if you have more funds, then buying lands property is not bad. In my opinion, these two things never decrease in price, as time goes by, they will increase in price. Moreover, Bitcoin is there for long term holding, if you cannot provide enough security to protect storing gold, then Bitcoin will not be bad for holding.

The first option is to buy jewelry.  In my opinion, this is not a very good way to invest in gold, since jewelry is made from low-carat gold (gold is mixed with other, cheaper metals). 

Buying gold by jewelry will not be a wise decision I think it will be foolish decision and the some causes are already mentioned by you . Even then in my country when you are going to buy a gold jewelry, the jewelery shop will keep the current price of gold from you. But if you wanna sell them then the price of those jewelries will decrease by about 10 to 20% or more. So it would be better to keep your funds in the bank rather than protecting your savings against inflation by buying jewellery.

[AmoreJaz]

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

Right now, instead of keeping my money in banks I rather put it in Binance or any trusted wallet but I scatter it I mean I will not put big amount of money I just 1 wallet, I will just make sure that these wallet has multiple factor authentication that cannot be hack so easily. You can also try to put something in earn program of binance so that your money will grow little by little if you want.

But, what is the difference between the two? I know binance is mostly crypto based but both of them are still centralized so your money was still not safe in binance. Other than that, you aren't still immune to inflation if you don't convert your fiat to crypto.

Better if you do it and then transfer it to a trusted wallet where you own your private keys but that's right don't put most money in one source so that you still have something left once something bad happen to one of them. In the op's question, of course I will go for the gold but as long as I will hold the gold because some gold investment can be owned by a bank or the government.

if you will store some cryptocurrencies, better be it noncustodial so you have full control with your coins, don't store in exchanges even if it is the top exchange like binance. however, as everyone is saying, diversify your portfolio, don't go all in in crypto. you can very well hold some gold in the form of jewelries. you don't need to store such bullions and bullions of gold. gold jewelries come in handy in my opinion. and quite easy to keep safe in your vaults at home.

[koleusdat]

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

Deposits should be mixed: in gold, in fiat (both banks and cash), in crypto also, and in some valuable things... Every deposit type has its drawbacks and advantages. Also it is vital for deposits: they should be suitable for paying directly with them (without exchange) in order to buy things for a living.

Thanks for the answer, it's really worth considering the option of mixed investments.

[dansus021]

The percentage of money return for the fixed deposit will be low as compared to the long term profit from the gold.Because gold had stability and gives you solid return from your holding period.

I agreed I would rather place my money into gold rather than deposits into bank, I know that some people will said that gold is high volatility but that is the main source of the double-digit APY  
And if we buy gold I think it would be more liquid than the locked deposit that is offered by a bank. You buy and hold when you need money just sell with no waiting time.