Topic: Gold & Silver are safe than bank deposits ?? - page 31. (Read 19270 times)
I kind of agree that Gold and silver will give you the safest security when it comes to your money. We all know that most of the time, we really don't have our money and that the money that we give to the bank are not in our control once we deposited it. Gold and silver however, we can have a full control over it which is great. Also, as you just stated in your post, banks give more investment return more than the average bank annual interest. So I'd say Gold and Silver are safe rather than bank deposits.
We cannot compare banks with buying silver and gold. They are really different though I did understand your point. Banks are regulated or controlled and is dependent on gains such that it cannot give more than what it does have because it would lose. Banks are dependent on how they gain from people unlike gold that lives with wants for luxury and may even be valued or sold higher than whatcis usual. So for these reason they are different but I do agree with your thinking. It is way better in terms of increase.
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I will go for Gold not bank or silver because gold is more secure. However, I have seen a Nevada millionaire which died and $200 was found in his account while gold worth millions $ was found hidden inside home and garage. This shows that gold is more secure/safe than bank deposit.
I do not think so, I still feel the bank will bring more safety because property like gold is very easy to attract attention from others, especially when you own a lot of gold, if you are not careful and reveal where you store gold, bandits will visit you, you will easily lose all gold, you will even be in danger and be killed. While banks will have a protection team for your money and they ensure compensation for losses when your money is lost, you can have fun every day without any worries, but remember, always choose a reputable bank, they will provide the best and safest service for youDon't you know people have their own family gold which can be identify if stole?
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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 ??
Maybe we dan and it you are respectable with a great mind and body are just a great mind that you can get the market it is possible to invest, right, the right direction and technology. Cause we should be able and technology in this day of cryptocurrency and it is to give up our economy 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 believe op should include bitcoin as a type of investment and some other alts. Maybe risk is bigger with that, but the profit you can make is sure much higher, and we can talk about how big risk is investing in crypto and investing in gold or silver, or simply by holding money in the bank. It's a big question which bank to choose, which currency, where to store gold or silver, which crypto to choose.
That's why everyone should do a research before making investment, before making it to know possible risks and possible returns, how much time to wait, etc. Planing everything before is wise thing to do.
That's why everyone should do a research before making investment, before making it to know possible risks and possible returns, how much time to wait, etc. Planing everything before is wise thing to do.
You might be right. But, if you want to make money without risk, choose the banks, because the money you put in the bank is insured and you can get it back if there is any misfortune. In the future, maybe gold will not be as valuable as it is now.
of course. To me, gold and silver are extremely safe assets. But banks sometimes face a lot of risks if we send money to banks. I have seen some banks declare bankruptcy and they do not pay any money for everyone
Yep. That is true and safe as well. Gold and Silver is always considered precious of all times. When you take History, the kings and queens were exchanging Gold and Silver coins as exchange for their transactions and when paper currency or money invented then everyone migrated to that. But still Gold and Silver are better than bank deposit.
Of course gold investment is far better than keeping money in bank accounts. People put their extra money in banks and withdraw when they need and if you put your money in fixed account bank will give you just small money against your savings. They will keep high share for themselves. Therefore I think that gold and silver investment is good than bank accounts.Note: If you like my topics/threads and posts give me "+merits". 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 it will be risen by the world so I read more about economic and technology in this way, the right direction. Cause bitcoin can be your best bet is to invest, the future type. I support even though, right? Hahaha! the future, and technology. The real world is to say it was that the future.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 ??
People that has love for technology would invest more on what we called digital things like how e invest in crypto, people who has knowledge and talent plus love with natural resources will go more with gold and silver even mining and making charcoal for investment, I think it depend as well on how people see things on their own.
Gold and silver are the physical support of the exchange rate. Crypto currency has value as long as someone buys it and sells it, but it will not accept any physical form, of course. The most promising is a mobile electronic wallet
China central banks have purchased 1000 tonnes gold since year 2010.
Gold and silver are the physical support of the exchange rate. Crypto currency has value as long as someone buys it and sells it, but it will not accept any physical form, of course. The most promising is a mobile electronic wallet
Banks are usually more secure because of the other investments sources, but in my country there was few issues, when Banks were just call themselves a bankrupt and scam all the people, who had accounts.
Gold and silver already know for hundred years ago as good investment. Its more resistance from inflation and the value always increasing. Deposit fiat on banks reducing value on our asset because central banks always creating inflation
Total gold mined and available worldwide is worth $30,000,000,000,000 to $50,000,000,000,000.
So it takes some $4,000,000,000,000 for Gold price to go up by +10%.
Biggest company "Apple Inc." listed on Stock market is worth $600,000,000,000.
Note: If you like my topics/threads and posts give me "+merits". 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 and silver are great investments, even if governments around the world have tried their best to make their prices go down they still give to you those kind of profits, just remember that one of the big problems of gold and silver compared with other forms of investments is that they do not generate positive cash flow unless you sell them and if you do not have a lot of money this is critical. 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 ??
if in the country I am investing in gold and silver is more desirable than the investment in deposits especially in areas far from the city center, because in terms of process and how to get the benefits of investing in gold is more practical and fast, in addition to the level of trust is also on banks are still low because of the trauma of the news a few years back when the existence of monetary and negative issues circulating in ordinary people, but I think investing in banks or gold at least in terms of resikon as well in terms of profits obtained if we compare it with investment in btc ,
Gold and silver average profit is 16% when 2019 comes ? i dont think so, cause no one can predict the outcome of the market. Who knows maybe in year 2019 the whales starts coming back in the crypto world and the stock market for 2019 will be 0% and become stagnant. I rather invest my money in volatile crypto's cause the price always moves.
It is better for you to diversify rather than going all in into one investment only so you will have the chance to get the potential income in almost all of the investment option that you can do beside from cryptocurrency. Investing in cryptocurrency, stock market and precious metals are great idea as long as you know what you are doing and you are putting your money into the well performing type of investment. 
Gold and silver average profit is 16% when 2019 comes ? i dont think so, cause no one can predict the outcome of the market. Who knows maybe in year 2019 the whales starts coming back in the crypto world and the stock market for 2019 will be 0% and become stagnant. I rather invest my money in volatile crypto's cause the price always moves.
Note: If you like my topics/threads and posts give me "+merits". 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 ??
The real problem here is to invest it again in this way to keep your own project. I support even the e!! I support cryptocurrency not. I support even though the future of our country to reconstruct or repair are respectable in many cases, the best cryptocurrency and it will do a new. 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 ??
The gold and silver are investments that is a long terms even decades, because they are not moving investments , they are stored assets, in the vault, they are quiet safe because you are the one who stored it , but for bank it is not really safe, because bank deposits might get lost if the bank declares bankruptcy,
Bank it not a place to invest,bank are more like scam investor,high charges when you lend money from them,but when you save through fixed deposit,the return is quit low, it wise to trade with my money,but you must ensure youvare strategic in your approach to guard against scam or wrong investment,Gold will forevwr be valuable,but with crypto,the trend is changing.
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