Gold & Silver are safe than bank deposits ?? - page 3.

Loopper

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Quote from: moynul2050 on April 16, 2019, 09:47:21 AM

of course gold and silver will be better than saving your money in a bank, gold and silver will not experience a decline in value and price. inflation will not occur in gold and silver.

Gold and silver is a type of investment that will continue to increase every year even though the increase in value is not so fast rising every day. Different from Bitcoin which cannot be predicted until now.

TheCoinGrabber

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They do sometimes stagnate but the decrease in value due to inflation is far smaller than cash, if any. So I can say that they are safe. Not sure about not keping them yourself though. If you just have a certificate, you don't actually own it. They can still keep it from you, just like they put limits on withdrawals during bankruns.

moynul2050

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of course gold and silver will be better than saving your money in a bank, gold and silver will not experience a decline in value and price. inflation will not occur in gold and silver.

Kimonoe

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Quote from: Adriano2010 on April 15, 2019, 05:37:05 PM

Depends from bank to bank, but maybe is more profit to hold money on gold and silver, but no can guarantee that in future the price of gold and silver grow or drop, so is your choice where to put money, because now banks are not like 15 years ago when they offer a good % for let money on their.

I think gold was first recognized after the bank, until now, gold has become a symbol of prosperity, although it is not limited, I think the level of trust is an important key to investing, or saving our money

Adriano2010

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Depends from bank to bank, but maybe is more profit to hold money on gold and silver, but no can guarantee that in future the price of gold and silver grow or drop, so is your choice where to put money, because now banks are not like 15 years ago when they offer a good % for let money on their.

conected

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Quote from: anggi on April 15, 2019, 03:53:48 AM

Quote from: nur rochid on April 15, 2019, 01:24:05 AM

Quote from: devinks on April 04, 2019, 05:52:35 AM

it depends on the large and small bank deposit notes because if you deposit to a large bank it will be absolutely so that it will be like gold and silver to secure your money

indeed for large deposits, we still have a profit from interest, but I think the profit is still inferior to the increase in gold or silver. but between banks and gold have their advantages, of course, by storing gold at home, security is a risk

you're right, both of them have advantages, and also risks. maybe gold and silver will be a very good investment, but it will be very difficult to guarantee security, because it is the same as money in the form of mobile. well, in terms of investment I certainly chose gold, but in security matters of course banks are better.

- Indeed, gold and silver are very good places to invest when we can look at the value of gold and silver from the past until now, increase over time and with very stable indicators, especially the popularity and attractiveness of both is never lost. So if we compare profits, gold and silver will be better than bank deposits but here, we are talking about safety, and I agree with you that bank deposits will be safer because we can see the security system of banks, a laminated and dense system, combined with modern technologies, safety is almost absolute

anggi

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Quote from: nur rochid on April 15, 2019, 01:24:05 AM

Quote from: devinks on April 04, 2019, 05:52:35 AM

it depends on the large and small bank deposit notes because if you deposit to a large bank it will be absolutely so that it will be like gold and silver to secure your money

indeed for large deposits, we still have a profit from interest, but I think the profit is still inferior to the increase in gold or silver. but between banks and gold have their advantages, of course, by storing gold at home, security is a risk

you're right, both of them have advantages, and also risks. maybe gold and silver will be a very good investment, but it will be very difficult to guarantee security, because it is the same as money in the form of mobile. well, in terms of investment I certainly chose gold, but in security matters of course banks are better.

omonuyak

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Quote from: Mometaskers on April 03, 2019, 10:40:58 PM

They are considered conservative investments for a reason. You don't exactly make much but you don't lose much either. And precious metals do have intrinsic value. In a world without fiat you can still bet people would still want gold and silver.

Paper money has no intrinsic value and at the end that is what we get from any deposit we made to bank. But Gold and silver has intrinsic value and as such we are to benefit more from investing to gold and silver than bank deposit.

nur rochid

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Quote from: devinks on April 04, 2019, 05:52:35 AM

it depends on the large and small bank deposit notes because if you deposit to a large bank it will be absolutely so that it will be like gold and silver to secure your money

indeed for large deposits, we still have a profit from interest, but I think the profit is still inferior to the increase in gold or silver. but between banks and gold have their advantages, of course, by storing gold at home, security is a risk

sijonru

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Quote from: Mometaskers on April 03, 2019, 10:40:58 PM

They are considered conservative investments for a reason. You don't exactly make much but you don't lose much either. And precious metals do have intrinsic value. In a world without fiat you can still bet people would still want gold and silver.

I believe that gold and silver investments provide greater benefits than deposits in banks, because precious metals such as gold experience a stable tendency to rise and trading is very easy to do.
Whereas deposits are certain and profits are small, in addition to being taxed, deposits are also the capital of the circulation of bank money. So that money deposits indirectly become banking capital.

devinks

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it depends on the large and small bank deposit notes because if you deposit to a large bank it will be absolutely so that it will be like gold and silver to secure your money

shesheboy

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Quote from: BigBos on April 04, 2019, 02:05:31 AM

Quote from: andriarto on April 04, 2019, 01:56:55 AM

Quote from: Mometaskers on April 03, 2019, 10:40:58 PM

They are considered conservative investments for a reason. You don't exactly make much but you don't lose much either. And precious metals do have intrinsic value. In a world without fiat you can still bet people would still want gold and silver.

besides that, I think that between eas and silver above inflation, it makes it safer. different from saving money in a bank, where profits are below inflation. but investing in gold in the form of goods also has risks, because it can be lost stolen by people

well, but sometimes saving assets at the bank will be safer. but, everyone has different things about this. even now, I am also aiming for gold and silver to be made an investment tool for now.

no one is safe in the world that we are living . yes banks can secure your the value of your money from fluctuations but banks can be robbed and banks can get bankrupt . some banks are also scam and all of that reason can loose your money while on cryptos you yourself is your own bank becauase you are the ones that control your money and you can also earn huge income at the same time but the catch is that cryptos are volatile or unstable . gold and silver can be a good option to diversify your funds because they are stable , while they do also have a good value .

BigBos

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Quote from: andriarto on April 04, 2019, 01:56:55 AM

Quote from: Mometaskers on April 03, 2019, 10:40:58 PM

They are considered conservative investments for a reason. You don't exactly make much but you don't lose much either. And precious metals do have intrinsic value. In a world without fiat you can still bet people would still want gold and silver.

besides that, I think that between eas and silver above inflation, it makes it safer. different from saving money in a bank, where profits are below inflation. but investing in gold in the form of goods also has risks, because it can be lost stolen by people

well, but sometimes saving assets at the bank will be safer. but, everyone has different things about this. even now, I am also aiming for gold and silver to be made an investment tool for now.

andriarto

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Quote from: Mometaskers on April 03, 2019, 10:40:58 PM

They are considered conservative investments for a reason. You don't exactly make much but you don't lose much either. And precious metals do have intrinsic value. In a world without fiat you can still bet people would still want gold and silver.

besides that, I think that between eas and silver above inflation, it makes it safer. different from saving money in a bank, where profits are below inflation. but investing in gold in the form of goods also has risks, because it can be lost stolen by people

Mometaskers

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They are considered conservative investments for a reason. You don't exactly make much but you don't lose much either. And precious metals do have intrinsic value. In a world without fiat you can still bet people would still want gold and silver.

whirlcoin

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

most of the people trust in gold and silver mostly but I think more than gold and and banks cryptocurrencies is the best way because the laws are always higher in gold investment and when it comes to banks the percentage of income will be very low so comparatively cryptocurrency investment are more ahead from these things.

syamster

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Quote from: akram143 on April 02, 2019, 03:41:03 PM

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

both the gold and Bank investment are like the same especially in gold it will give a huge loss only because the economy of gold is made up like that if we want to buy a new gold the value of the thing is more higher and if you want to sell it it will be half of its original price so I think that cryptocurrencies is the best way to store money other than gold and Bank.

Having so much gold is not worth profiting but it is only risk for your life, better if you hold your money in crypto currency as it does not charge that high but it gives good profit at the end, in gold or silver you will never be able to sell with the price you bought as with every purchasing and selling price will be reduced by the merchant but crypto currency always increases the price.

akram143

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

both the gold and Bank investment are like the same especially in gold it will give a huge loss only because the economy of gold is made up like that if we want to buy a new gold the value of the thing is more higher and if you want to sell it it will be half of its original price so I think that cryptocurrencies is the best way to store money other than gold and Bank.

serjent05

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When it comes to which is more secure investment between the three, I think it will be gold and silver because with time silver and gold value increases while money remains the same depending on the inflation and deflation rate of your country but if it is safer to keep them at home I don't think so. You can keep them in banks and pay the bank for keeping but your profit will just depend on its value with time.

Chikitita2004

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Gold and silver are most preferable of course than cash in the banks but the danger of storing them in your home also needs to be considered or you will need to make insurance for it or store them also in the banks but still both will have expenses. As you pay charge to banks for your cash monthly for keeping it and hardly enough pay you interest, depending on the inflation and deflation rate in your country, I think all choices mentioned above have disadvantages. I've heard also that in India holdings of gold is now limited, so what if you have tons of gold inherited from your parents, will the government confiscate them because they are too much?

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