Gold & Silver are safe than bank deposits ?? - page 25.

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Quote from: AdamRay on July 16, 2018, 01:14:52 AM

Quote from: ichai on July 16, 2018, 12:34:07 AM

Quote from: zhanyiguai261315 on July 15, 2018, 06:53:30 PM

There is a possibility of depreciation of the deposit in legal tender, because the fiat currency is a reaction to the economic situation of the country!
The price of gold and silver is determined according to the world's macro economy. Silver and gold are products that are more valuable than other varieties!

I think if you plan to keep your assets safe, gold and silver are safer options than bank deposits. Because gold, silver gives you the right to take ownership over your possessions. Control and use as desired. When depositing your bank, there are regulations to control how much you want to withdraw from the bank you have deposited and trust that they will safeguard your money.

I do not think gold, silver safer bank deposit or bank deposit safer than gold, silver. Gold, silver allows you to be more active with your assets. The decision to retain or use the property is at your will and your plan, without the need for costly and time-consuming procedures. If you can not control your assets, the bank can help you.

Investing in gold and silver is an effective and traditional way of investing that has been applied throughout the world's economic history so it is always a good investment choice. The risk of investing in gold, silver is that when you keep a large amount you can be stolen by the thief, if there is a good way of preserving it, I think it is great.

keninu

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That's right, Gold and Silver Investments are more profitable than Investing in Banks! Banks only give little interest, and our money will be cut off administration every month, while Gold is not, It is true that most of the books suffered losses when we sell gold 3-5% of the price of Gold at that time. but when we sell Gold at high prices, we will still get a big profit. in addition, the advantages of Gold is that we can wear it as jewelry and it will make us more beautiful.

kolbalish

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Yes, it is saying that gold and diamond investment are many times better than bank investment. Because the bank is being financed for another purpose but the profit is limited. Many times it can be seen in many cases due to money loss. But in the case of gold and diamond, it is different. These prices are not very stable but rather, then profit is good. And there is no possibility of going to lose.

ngacengan

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yes you are right to buy gold and silver is safer than deposit in the bank because by giving your money in the bank is uncertain the money you have can survive and can not grow the money you have as well.

AdamRay

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Quote from: ichai on July 16, 2018, 12:34:07 AM

Quote from: zhanyiguai261315 on July 15, 2018, 06:53:30 PM

There is a possibility of depreciation of the deposit in legal tender, because the fiat currency is a reaction to the economic situation of the country!
The price of gold and silver is determined according to the world's macro economy. Silver and gold are products that are more valuable than other varieties!

I think if you plan to keep your assets safe, gold and silver are safer options than bank deposits. Because gold, silver gives you the right to take ownership over your possessions. Control and use as desired. When depositing your bank, there are regulations to control how much you want to withdraw from the bank you have deposited and trust that they will safeguard your money.

I do not think gold, silver safer bank deposit or bank deposit safer than gold, silver. Gold, silver allows you to be more active with your assets. The decision to retain or use the property is at your will and your plan, without the need for costly and time-consuming procedures. If you can not control your assets, the bank can help you.

ichai

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Quote from: zhanyiguai261315 on July 15, 2018, 06:53:30 PM

There is a possibility of depreciation of the deposit in legal tender, because the fiat currency is a reaction to the economic situation of the country!
The price of gold and silver is determined according to the world's macro economy. Silver and gold are products that are more valuable than other varieties!

I think if you plan to keep your assets safe, gold and silver are safer options than bank deposits. Because gold, silver gives you the right to take ownership over your possessions. Control and use as desired. When depositing your bank, there are regulations to control how much you want to withdraw from the bank you have deposited and trust that they will safeguard your money.

zhanyiguai261315

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There is a possibility of depreciation of the deposit in legal tender, because the fiat currency is a reaction to the economic situation of the country!
The price of gold and silver is determined according to the world's macro economy. Silver and gold are products that are more valuable than other varieties!

Deubila

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Quote from: queenstella on July 15, 2018, 03:29:03 PM

Gold is a time-tested asset which protects your purchasing power over the long term. Gold will (at least) keep pace with inflation to preserve the purchasing power of your capital. Hence, when central banks attack debt instruments, investors gradually forsake losing funds and eventually migrate towards gold.

Even though gold doesn't pay a yield, as long as it merely paces with inflation it is a much better bank deposits.

I think that although gold is no longer a major form of currency in developed countries, gold is still a popular investment vehicle for a variety of reasons. However, the fact is that passive investment strategies such as buying and storing may be best for ordinary gold investors. Because the economy is cyclical, you can buy when the price of gold falls, regardless of the political instability that your country is experiencing or you think they are going to happen.

razzor

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The main problem is that, in where are you looking to store your gold? It is risky if you have it on your house, what if someone enters there and stole it? What are you going to do? You lost everything. That does not happen with banks/bitcoins.

Harrisonimo

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Well, if I had a large sum of money, I will prefer to to go for Gold and silver compared with the cryptocurrency probably at this period. The Gold has a more fixed valuable price overtime compared with the volatile crypto markets.

queenstella

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Gold is a time-tested asset which protects your purchasing power over the long term. Gold will (at least) keep pace with inflation to preserve the purchasing power of your capital. Hence, when central banks attack debt instruments, investors gradually forsake losing funds and eventually migrate towards gold.

Even though gold doesn't pay a yield, as long as it merely paces with inflation it is a much better bank deposits.

Pancheng

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You can't determine what are the most safest, what are safest investment or is your investment protected over all? Even banks can't pay all your money if the bank got robbed or go bankrupt or burn, as the law says a percentage on how much only they will give you back, so even banks can't protect your money 100% but at least you can fight for your right, unlike gold and silver that when you loss it there nothing you can do and just to wait for police work to come--

Cult

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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.

Nick Abimanyu

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Quote from: First77 on June 13, 2018, 12:19:32 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 ??

Easy to invest in gold. Now, gold investment products are offered directly to the community, with various types of ease of requirements provided. Gold and silver both of which can be stored in their own homes or renting a safe from a company usually owned by a particular state or company with a 24-hour security system. But all have risks for the holder. If kept at home, worried will be stolen people or charred burned. If deposited in a company's safe will have an impact on the taxes imposed then indirectly the company has cut profits.

Roger1909

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Quote from: buidinh1803 on June 13, 2018, 12:34:01 AM

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

Maybe in my opinion it would be nice if kite prefer investing with gold or silver rather than money in the bank, because gold and silver vjika usually hard to reduce weight,And usually the price will continue to grow in each year,

disdefil

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There is a problem with gold and silver deposits and that is security. If you are keeping it at home, there is risk of it getting stolen.

South Park

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Quote from: shulio on July 13, 2018, 05:11:12 PM

Instead of opening an account on the bank for gold or silver I prefer to buy them from a jewellery store or a gold smith. This is safer for me.

Do not fall for that trap, some banks have started to offer services like banks accounts that supposedly holds your fiat in the form of gold and silver but when asked to see the gold they confess that if you ever claim to receive your gold they will go to the open market to buy it, this is not a problem when the price is stable but if it skyrockets you will get nowhere near the gold that you could have gotten if you had decided to hold gold by yourself.

Zohina

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Quote from: First77 on June 13, 2018, 12:19:32 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 ??

* gold investment *
- Characteristics of return on investment of gold / silver. this investment is in the form of interest (dividend). This investment only benefits from the appreciation of value, that is the increase of gold price / silver itself. gold appreciation can be more significant. there are some arguments that support the increase of gold price that is:
1. protect assets with investment
2.investasi to diversify portfolio
- An interesting alternative to infestation.
- online gold trading.

* investment deposits *
-recovery characteristics of deposit infestations. This investment is one of the most popular and risk-free investments. Unlike other market-driven investment instruments.
-the best level of interest and the exact amount.
- quite flexible and still provide interesting returns.
-can be used as an emergency fund.

ejandjm18

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For me, I would rather deposit Gold and Silver than a money in the bank because this precious metal and other investment like LOT/REAL PROPERTY will not depreciate for the next decade compare a money that deposit in the bank, there are so many consequences that the money will lost just like our experience that a bank file a bankruptcy because of the corrupt personnel who manage in a certain bank.

First77

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Quote from: shulio on July 13, 2018, 05:11:12 PM

Instead of opening an account on the bank for gold or silver I prefer to buy them from a jewellery store or a gold smith. This is safer for me.

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