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Topic: Gold & Silver are safe than bank deposits ?? - page 12. (Read 19247 times)

sr. member
Activity: 840
Merit: 250
September 19, 2018, 10:33:29 AM
More stable investments are investments in gold. Bank deposits are no longer stable, but the positive side is that they are insured. But when opening a bank deposit, it is necessary to take into account the inflation rate.
therefore gold is now a lot of investment because it is safe and trusted from the past until now that gold is a good investment rather than a deposit in the bank. because banks are now often less stable
member
Activity: 252
Merit: 10
September 19, 2018, 10:08:45 AM
If there is no other option like crypto, I will deposit money to the bank. Gold and silver are obviously safe in terms of value but not safe in storage, i'm so afraid thieves break into the house.
I'm sure the security in your country is very bad, and for my country, the bank is worse than thieves. In 2008, one-third of banks announced closure, again in 2017 half of which declared closure. There are so many people losing big money with the bank, with me nothing safer than gold and bitcoin
member
Activity: 266
Merit: 32
September 18, 2018, 04:07:23 PM
Right, I agree with your gold and silver are safer and provide greater profits than deposits. the longer the money is saved the more the value decreases due to inflation. and fiat money is influenced by the instability of the dollar. so saving money in gold and silver is more profitable and safe.

Some $40,000,000,000,000 is invested in gold worldwide. As they say "money is measure of success"
member
Activity: 121
Merit: 10
September 18, 2018, 10:35:12 AM
Gold and silver cannot be safe. There many reasons available. Even Platinum also. So before deposit think that, your way is right. It will help you a lot.
My investment in gold and silver is the safest investment, gold and silver investment has been going on for years and so far it is still the safest investment. Maybe we should choose gold instead of bitcoin because of its safety
newbie
Activity: 30
Merit: 0
September 18, 2018, 08:28:00 AM
go big or go home, there are people holding gold won bold in a minute. But when the golden tsunami withdrew, the market calmly returned, many of whom fell into the big hole because of a jump in the wrong rhythm. At this point see the gold winners are little, the losers are many. so I think bank deposits is safer.
sr. member
Activity: 674
Merit: 250
September 18, 2018, 08:16:08 AM
If there is no other option like crypto, I will deposit money to the bank. Gold and silver are obviously safe in terms of value but not safe in storage, i'm so afraid thieves break into the house.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
September 18, 2018, 08:10:09 AM
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 ??

Theres no other safest investment than gold and silver because of physicality the only problem is how to keep this safer since this is prone from bad elements specially robbers and thefts so if you can do it on your own without needing other helps then you can have gold and silver than bankings
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
September 18, 2018, 08:05:03 AM
Yeah, gold and silver are the safest investment. Even though you see a dump on those sources. But, if you look carefully, every year gold and silver price are goes higher although they got dumped or something. You probably never heard that gold and silver got huge drop, that's why for investment you can try gold and silver.
newbie
Activity: 24
Merit: 0
September 18, 2018, 04:14:35 AM
Right, I agree with your gold and silver are safer and provide greater profits than deposits. the longer the money is saved the more the value decreases due to inflation. and fiat money is influenced by the instability of the dollar. so saving money in gold and silver is more profitable and safe.
full member
Activity: 434
Merit: 100
September 18, 2018, 02:44:41 AM
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 ??

In my own opinion, banks are still safer since gold and silver are physical assets that can be stole from you so easily depending on your place.
newbie
Activity: 14
Merit: 0
September 18, 2018, 02:28:17 AM
Well money deposit is fix profit and for gold and silver is more like investments, it does have a risk even though seems like the risk are small, but still you need to sell it on the right time to gain profit from it.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
September 18, 2018, 01:56:38 AM
Demand for gold for the I quarter. 2018 in the world was minimal for this period in the last decade - the World Gold Council. I would rather deposit Bitcoin than give the money I have in the bank to gold and silver.
 Cool
Bank deposit is more safer than gold and silver but putting our money with banks will not give us a lot of money that's wy a lot of peole is choosing to invest there money with gold and silver and now investing in cryptocurrency is also better to do.
Personally, I think bank deposits are not always as secure as you think, although the bank's security and protection system is very high but you should know that in any field, it will always have a dark corner, banks can still make your property evaporate without anyone knowing and they will not be responsible for that problem. You use the law with them is useless when they have all control, gold is probably safer when you are the manager but it is easy to fall into the eyes of others, so we need to divide the assets for both banks and gold, it will lift our safety to another level
agree with you. if gold and silver can be stored properly, then that might be very good. the main problem that a real investment has is how to keep and store it. it is very difficult without bank assistance. well, for me it is better, but we know that keeping gold and silver is very difficult.
full member
Activity: 812
Merit: 108
September 18, 2018, 01:22:05 AM
I don't think physical form of any asset is not safe because there is always threat to theft. If you store money in bank so you will have security because banks are centralised institution and their responsibility to secure you money if any fraud happen they are liable to pay you your money according to law.
newbie
Activity: 29
Merit: 0
September 18, 2018, 12:36:11 AM
Previously, interest rates on long-term savings deposits were very high. However, many years ago, interest rates on savings deposits continued to decrease. For those who have the habit of depositing idle money into banks to reduce risk and preserve capital, saving money is the safest and most transparent option. However, this is not considered an attractive investment channel because the profit is negligible, compared with the profit from gold investment at this time is also not higher. Investing in long-term savings will not be a loss, but profitability is not high. Compared with saving, gold is a very high liquidity, the purchase is fast. However, the abnormal increase of gold price with large amplitude is attractive to surfing investors but many people keep gold feel panic. For those who have not enough money to invest in real estate but want to make a profit that is wise enough in investment and can accept the risk of unfortunate occurrence, gold is a channel to invest appropriately.
member
Activity: 266
Merit: 32
September 17, 2018, 02:01:06 PM
Personally, I think bank deposits are not always as secure as you think, although the bank's security and protection system is very high but you should know that in any field, it will always have a dark corner, banks can still make your property evaporate without anyone knowing and they will not be responsible for that problem. You use the law with them is useless when they have all control, gold is probably safer when you are the manager but it is easy to fall into the eyes of others, so we need to divide the assets for both banks and gold, it will lift our safety to another level

7% interest p.a when giant banks have $1,000,000,000,000 assets that is the greed and taking money from hard working people.
hero member
Activity: 1456
Merit: 501
DGbet.fun - Crypto Sportsbook
September 16, 2018, 07:30:48 AM
Demand for gold for the I quarter. 2018 in the world was minimal for this period in the last decade - the World Gold Council. I would rather deposit Bitcoin than give the money I have in the bank to gold and silver.
 Cool
Bank deposit is more safer than gold and silver but putting our money with banks will not give us a lot of money that's wy a lot of peole is choosing to invest there money with gold and silver and now investing in cryptocurrency is also better to do.
Personally, I think bank deposits are not always as secure as you think, although the bank's security and protection system is very high but you should know that in any field, it will always have a dark corner, banks can still make your property evaporate without anyone knowing and they will not be responsible for that problem. You use the law with them is useless when they have all control, gold is probably safer when you are the manager but it is easy to fall into the eyes of others, so we need to divide the assets for both banks and gold, it will lift our safety to another level
legendary
Activity: 2044
Merit: 1008
September 16, 2018, 05:58:40 AM
They are safer than fiat deposits, but storage can be an issue. In the third world nations, there is always the risk of robbery or government confiscation. And if you chose paper gold, then the risk is of another type. The bank that issues this ETF can go down, and your ETF shares can be worthless.
full member
Activity: 406
Merit: 100
September 16, 2018, 05:55:14 AM
Demand for gold for the I quarter. 2018 in the world was minimal for this period in the last decade - the World Gold Council. I would rather deposit Bitcoin than give the money I have in the bank to gold and silver.
 Cool
Bank deposit is more safer than gold and silver but putting our money with banks will not give us a lot of money that's wy a lot of peole is choosing to invest there money with gold and silver and now investing in cryptocurrency is also better to do.
full member
Activity: 398
Merit: 100
September 16, 2018, 02:26:29 AM
Demand for gold for the I quarter. 2018 in the world was minimal for this period in the last decade - the World Gold Council. I would rather deposit Bitcoin than give the money I have in the bank to gold and silver.
 Cool
legendary
Activity: 1218
Merit: 1000
September 16, 2018, 02:19:39 AM
I believe that these who make deposits are especially lazy. There are many ways to put money into circulation and earn more than 6.5 and 9% per annum. Let's be honest, we still need to take into account the annual inflation in the region of 3-5%.
in my opinion such assets will be very good when you have a lot of money. but if asked about security, maybe I would prefer a deposit with the bank, because of a strong security system.
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