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Topic: Gold & Silver are safe than bank deposits ?? - page 35. (Read 19270 times)

full member
Activity: 770
Merit: 126
I wonder how you arrived at the value for that of year 2018 and 2019 after which the year has not ended and that of 2019 respectively. Although, base on your figure of profit above one could say it is worth investing in Gold and silver when compared to bank deposit.
full member
Activity: 350
Merit: 100
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 ??
Yes it is cause we all know that gold has more valuables than silver. Cause I support cryptocurrency not capitalism cause of really good. Their right tricks tricks to invest, a great. The first is to invest in cryptocurrency that they belong that the right now is not responsible for the future
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
Yeah i think that is so good, becuase when gold and silver stock and hold for a long term.  You have a good profit,  but its more dangerous to us,  what if they can stole you gold,  thats why the dangerous for holding that thing.  Maybe bank deposit is more secure.
I do not know, everyone has different ideas. maybe gold, and silver is more profitable, it's just more troublesome. well, deposite on the bank can be said easier, and is suitable for people who are just starting their business. but this is just my opinion.
full member
Activity: 271
Merit: 100
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 prefer saving my money in the bank. At first i dont want to keep money or having gold and silver because it easy to steal. And i dont trust the people around me. It is safer to deposit it in the banks.
full member
Activity: 344
Merit: 105
Yeah i think that is so good, becuase when gold and silver stock and hold for a long term.  You have a good profit,  but its more dangerous to us,  what if they can stole you gold,  thats why the dangerous for holding that thing.  Maybe bank deposit is more secure.
member
Activity: 378
Merit: 25
first of all, dump the idea of putting your investments to banks, the returns are not big as any other investments, even for a long term value, banks are way to lame. in gold and silver, uhm i think it is different in such a way that those precious stone' value are dictated how people demands for it, how investors are reacting on the current value, just like diamonds, which its value are just a product of a good marketing strategy, it is how the market perceived its value.
full member
Activity: 443
Merit: 110
when investing in the bank and usually in the form of money and money from time to time of course will be less in value. perhaps in my opinion it would be more profitable to make gold or silver as an investment. because its exchange rate has never decreased
Fiat has over time grown shitty and I have never seen anybody who has never regretted storing huge amount of money as savings in bank and not wishing they never invested it in something more valuable that would at least give them a return and some security for as long as they want to. Banks on the other hand may even end up becoming dysfunctional and thereby affecting users of the bank as this has happened in my country sometimes back or you won't even get anything at all on your savings. Gold is much better in my opinion too.
,a lot of factors also are being considered in this state, about for example like what you have said. some who puts a lot of effort into having savings account in the bank, regrets in the end. this issue has always been happening since then, and i also approve on your opinion that the banks are somewhat disfunctional from time to time.
full member
Activity: 756
Merit: 102
when investing in the bank and usually in the form of money and money from time to time of course will be less in value. perhaps in my opinion it would be more profitable to make gold or silver as an investment. because its exchange rate has never decreased
Fiat has over time grown shitty and I have never seen anybody who has never regretted storing huge amount of money as savings in bank and not wishing they never invested it in something more valuable that would at least give them a return and some security for as long as they want to. Banks on the other hand may even end up becoming dysfunctional and thereby affecting users of the bank as this has happened in my country sometimes back or you won't even get anything at all on your savings. Gold is much better in my opinion too.

fiats are not shitty. we should be thankful instead of complaining because without fiats we aint able to buy stuffs. cryptos , gold , silver , etc wont have a value without fiats. so how can you say that fiats are shitty? and also , no one regreted for their investments in banks because banks did secure thier money plus they also get an interest even the interest is not big as investing in crypto but still , banks still secure thier money more better than any other wallets.
newbie
Activity: 126
Merit: 0
All investments have their own strengths and weaknesses, we can see the risks as well as the advantages we can not determine which environment is better or which environment will be safer with us
sr. member
Activity: 1918
Merit: 370
I wouldn't agree to this you know , there are banks who have high interest rates too for example the digibank .
Yes gold and silver are excellent investments but you know there is always a problem , I think the reason they're very valuable is because they are only very few of those Noble metals in the periodic table, if someday another Noble metal more beautiful than gold and silver is discovered , which is highly likely they will probably loose their value as a whole.
Because we are discovering new things everyday I won't think we won't discover other metals like we discovered platinum but it's quantity was though low, but it doesn't nullifies the possibilities of discovering something big in the future with abundant ores.


The fixed asset and bank deposits are safe but the interest rate is Regulated and some are FIXED interest per year. One should also consider the Market influence on the Value of this Gold and Silver, yes, it true enough, there was a time in the stock market when the price of Gold increase to the roof, but eventually decline just like any other posted on the trading market. Check the Bitcoin price compared to Gold now?  The value of this gem will always be dependent on the need of the investors or the interest of the public, as it high value gem....
member
Activity: 266
Merit: 32
Do you know the fact that a country's Fiat currency is directly related to the amount of GOLD deposits held by the Central Bank,
So basically if a country estimates $ X worth of paper money, it's backed by $ X worth of Gold. So buying Gold is always better than on bank deposits

China with 819 billionaires and 800 to 900 million internet users now. 800 million users/subscribers with China Mobile. Gives some idea why Chinese government is encouraging investments in Gold and Silver since 2012.
legendary
Activity: 1442
Merit: 1025
when investing in the bank and usually in the form of money and money from time to time of course will be less in value. perhaps in my opinion it would be more profitable to make gold or silver as an investment. because its exchange rate has never decreased
Fiat has over time grown shitty and I have never seen anybody who has never regretted storing huge amount of money as savings in bank and not wishing they never invested it in something more valuable that would at least give them a return and some security for as long as they want to. Banks on the other hand may even end up becoming dysfunctional and thereby affecting users of the bank as this has happened in my country sometimes back or you won't even get anything at all on your savings. Gold is much better in my opinion too.
member
Activity: 266
Merit: 32
in the bank my money will definitely be used for other purposes so it makes my money unsafe. So I prefer to deposit to gold and silver instead of giving the money I have in the bank

Billionaire scam banks of $2,000,000,000 because documents were not verified by senior bank managers

https://in.reuters.com/article

Explainer: How PNB says it fell victim to India's biggest loan fraud
jr. member
Activity: 129
Merit: 1
in the bank my money will definitely be used for other purposes so it makes my money unsafe. So I prefer to deposit to gold and silver instead of giving the money I have in the bank
hero member
Activity: 686
Merit: 500
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 ??
Its better and safer to invest in gold and silver than bank deposits as the profit percentage is more as well as we would not be accountable to any government authorities for holding such an investment.
jr. member
Activity: 420
Merit: 1
It seems to me that if in circulation of payment means there were money only from precious metals (platinum, gold, silver) as 2-5 thousand years ago, then there would be no economic crises, inflation, and similar phenomena.
newbie
Activity: 85
Merit: 0
Gold remains a standard measure of wealth overtime. Gold and Silver are safer than fiat money in bank. Gold deposits does not suffer fluctuations like fine wine that taste better with time, Gold increases in value with time.
full member
Activity: 253
Merit: 100
I would rather deposit to gold and silver than give the money I have in the bank because in the bank my money will definitely be used for other purposes so it makes my money unsafe.
We cant protect our money in the bank or the gold and silver that we are holding among the thieves. So better invest it in buying land property to secure your money. And it is better to buy land than silver and gold.
member
Activity: 224
Merit: 10
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 you are good at investing in gold and silver, then you can be involved in gold and silver. Gold is really a good investment because its value will keep on rising. Gold and silver will always be valuable and you can sure than there are people who will buy them.
member
Activity: 336
Merit: 10
Harmony for One and All
I think for investment gold and silver is better, the value keep on increasing and the inflation not affected too much on gold or silver, and I think that bank deposit is not the best place to invest, you won't get much profit by it since the interest will keep going down while the inflation rate going up, since the beginning I never consider putting money in the bank as an investment
yap i think i should agree with this, because gold and silver investment have a slow but sure increase and i think that was better to keep it in a long time period and also i guess it can help a goverment from the increase of it
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