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.
Topic: Gold & Silver are safe than bank deposits ?? (Read 19288 times)
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.
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.
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
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.
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.
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.
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.
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.
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.
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.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.
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. 
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.
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.
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. 
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 its still depends on the country you are in. Coz what if your bank gets bankrupt and there are only a maximum limit amount that is insured. On the other hand, if below the maximum insured limit, its better with the bank and should be in time deposit. Gold and silver gives you high profit everyear and your income from them you can deposit it through bank.
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.
Is gold really giving us big profits every year? because basically gold can't add to our wealth. but maintain our wealth from inflation. and also the interest profit from the bank is cut to the level of inflation, actually it is not so big. unless we are millionaires who invest in these instruments.Gold and silver gives you high profit everyear and your income from them you can deposit it through bank.
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.
Is gold really giving us big profits every year? because basically gold can't add to our wealth. but maintain our wealth from inflation. and also the interest profit from the bank is cut to the level of inflation, actually it is not so big. unless we are millionaires who invest in these instruments. Gold and silver gives you high profit everyear and your income from them you can deposit it through bank.
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.
if saved to the bank again, of course our money will not increase as if we invest in gold or silver. I think the results of investing in gold, will be more profitable if we invest in other objects. property for example Gold and silver gives you high profit everyear and your income from them you can deposit it through bank.
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.
Gold and silver gives you high profit everyear and your income from them you can deposit it through bank.
Investing in gold and silver is as safe as to invest in bitcoin.
Banks have create a vicious cycle that it is full of debt and one day the debt bubble is going to blow. I hope that when this happens the bank deposits won't be affected, otherwise our society will have some serious economic problems.
Banks have create a vicious cycle that it is full of debt and one day the debt bubble is going to blow. I hope that when this happens the bank deposits won't be affected, otherwise our society will have some serious economic problems.
I don't agree with you, investing in gold and bitcoin clearly has a different risk. investing in gold has been around for a long time and is trusted by the community to save their money in the form of tangible goods that have valuable value, while bitcoin has security that is not completely safe, because this type of investment is considered to be a very risky investment easily lose the investment we have because of the loss of personal data that we have because it was stolen by hackers or can easily lose the investment assets that we have because its value is easily changed so quickly
From bank we can get interest but from Gold and Silver we cant get interest so, I prefer bank rather than Gold and silver.
Interest from the bank itself is also not so big, gold or silver are invested by people to avoid inflation and safeguard their property. not aiming for rich. because gold and silver in terms of increase are also not large. so if we invest in bank deposits or gold, it is actually not so big, especially if our capital is not large.
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