Gold & Silver are safe than bank deposits ?? - page 24.

Reza1893

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Quote from: cammie16 on July 19, 2018, 06:04:05 AM

Well in this generation not all people are investing in silver and gold, in our country most people are just investing in real state and other businesses. For me investing in gold is much safer and can give us good profit compared to investing in banks.

Yes, I know sir Grin

real estate is good, the value on this investment can give us 20% or more % profits. Not in your country, my country too.
Gold, silver and real estate I think is safer and give us profits, rather than bank deposits.

nealdlover

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Quote from: First77 on June 13, 2018, 01:19:32 AM

Note: See on the right side of each post (top right corner) there is "+Merits"

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 ??

I think gold, silver or bank deposits have their own advantages. Gold, silver gives you the initiative and depends on how you manage your assets, which shows how safe it is. Bank deposits have a way of managing their assets and you do not need to plan your management when deposited. You do not know how safe that plan is.

cammie16

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Quote from: Reza1893 on July 19, 2018, 05:41:37 AM

Quote from: kinamotorami on July 19, 2018, 05:27:35 AM

Yes. Gold and silver are ours and the value is less volatile. Bank deposit depends on the business process of the bank. So I think it's safer to hold gold for you.

like your opinion mate, bank deposit is business, and have a little shares. But If we invest or buy the gold and silver we can guaranted that investment is safe. because as I know, gold and silver have a supply. the supply can push the price.

Well in this generation not all people are investing in silver and gold, in our country most people are just investing in real state and other businesses. For me investing in gold is much safer and can give us good profit compared to investing in banks.

Reza1893

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Quote from: kinamotorami on July 19, 2018, 05:27:35 AM

Yes. Gold and silver are ours and the value is less volatile. Bank deposit depends on the business process of the bank. So I think it's safer to hold gold for you.

like your opinion mate, bank deposit is business, and have a little shares. But If we invest or buy the gold and silver we can guaranted that investment is safe. because as I know, gold and silver have a supply. the supply can push the price.

kinamotorami

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Yes. Gold and silver are ours and the value is less volatile. Bank deposit depends on the business process of the bank. So I think it's safer to hold gold for you.

Dr.Osh

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Quote from: Ava Duvall on July 19, 2018, 05:11:24 AM

Quote from: buidinh1803 on June 13, 2018, 01:34:01 AM

Yes, while many people assume their assets are protected, there have been historical instances where governments have seized citizen property stored in banks.

exactly, everything that is of value to you is only 100% safe with you. government seizes, heft, etc. alot can happen

well, but I think it's more risky than the deposit on the bank. well, when you keep the money you have in the bank, the bank will guarantee all the assets you keep, while gold and silver are so risky. but it all depends on the person.

Ava Duvall

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Quote from: buidinh1803 on June 13, 2018, 01:34:01 AM

Yes, while many people assume their assets are protected, there have been historical instances where governments have seized citizen property stored in banks.

exactly, everything that is of value to you is only 100% safe with you. government seizes, heft, etc. alot can happen

nayeel

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The main advantage of gold bars in front of bank deposits is their reliability.Yes, while many people assume their assets are protected.I believe, that given the instability of the dollar and the euro, gold and silver remain the most reliable targets for investmen

Alifal

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Actually gold and silver have the fixed rate prices.the bank accept easily.I have in the bank because in the bank my money will definitely be used for other purposes so it makes my money unsafe.so gold and silver deposit bank better than money.

weblouartisan

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Quote from: First77 on June 13, 2018, 01:19:32 AM

Note: See on the right side of each post (top right corner) there is "+Merits"

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, investing on gold or silver will be so risky for your life because people can just stole it from you forcely while money in the banks are safer since it can be converted into digital currency.

South Park

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Quote from: Cult on July 15, 2018, 03:45:35 PM

I would say gold and silver are safer now as the next economic crisis can burst out at any moment and precious metals along with cryptocurrencies will be in high demand as people will urgently search for some store of value in order to protect their funds.

This is correct I have a strong suspicion that we are going to see an economic crisis way sooner than we thought and when that happens people will be desperate to get out of paper assets and instead try to get real assets like gold and silver, real estate and even cryptocurrencies but at that point it will be too late and they will lose most of their money.

iASIC

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Quote from: Sled on July 17, 2018, 11:04:19 PM

Quote from: sevenbits on July 17, 2018, 06:08:44 PM

It is not safe to keep money in a bank, especially now. If you consider storage, not profit, then gold can be the best option. at least you will cover inflation.

If you are talking about the security of your money in bank then for me, i can confidently say that it is safe to keep your money in the bank because the banks offer an insurance that they can give back your money with a certain amount of limit and they have a high security for the money which you can confidently sleep well at night.

I think gold or silver has its own advantages and bank deposits too. Gold or silver will require you to self-preserve with your property and bank deposits will be held by the bank. If you miss something, you can only repay a certain amount, not the amount you sent.

Sled

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Quote from: sevenbits on July 17, 2018, 06:08:44 PM

It is not safe to keep money in a bank, especially now. If you consider storage, not profit, then gold can be the best option. at least you will cover inflation.

If you are talking about the security of your money in bank then for me, i can confidently say that it is safe to keep your money in the bank because the banks offer an insurance that they can give back your money with a certain amount of limit and they have a high security for the money which you can confidently sleep well at night.

sevenbits

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It is not safe to keep money in a bank, especially now. If you consider storage, not profit, then gold can be the best option. at least you will cover inflation.

hotforblockchain

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i would say that buying actual gold and silver. As actual metals which you can keep in your hand is safer than bank deposits.
Unfortunately banks go under more often then we think and they take with them large amounts of deposits, i know that in EU the guranteed amount of deposit is about 50 000 Euros, so if you have deposited one million , you would lose 95% of your funds.

thefatman82

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Quote from: buidinh1803 on June 13, 2018, 01:34:01 AM

Yes, while many people assume their assets are protected, there have been historical instances where governments have seized citizen property stored in banks.

All that predictions can also be not met, just the same as bitcoin has not met our predictions for it to be paying $50,000 per July 2018 and etc. I'm trying to divide my investments.

PlusOne88

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I understand through the data that you have given, gold and silver might just be better than saving in a bank. The only disadvantage is that it can be stolen and therefore needs a very secured vault.

lubah

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I certainly did not buy gold before, but now I really want it. I observe that in 2018 the price of gold increased by more than 15%. That's good income. And the most important thing is not money and not a crypt, it is gold.

sgenuine

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Quote from: kiatitami on July 13, 2018, 07:55:30 AM

Absolutely correct, we find that gold is always safer than bank deposits, since bank deposits are the money you hand over to others, and gold is always holding you.

As for me, it is always better to have gold but it must be kept safe. Most of the people use the same bank cells to store it there and pay money for this service.

manismanja

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it seems safer to buy gold and silver than to deposit to the bank, by buying gold and silver assets that you have in your own hold and you can control whereas if in the bank it is very difficult to know.

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