Post
Topic
Board Economics
Re: Gold & Silver are safe than bank deposits ??
by
Sum24
on 26/09/2018, 21:44:29 UTC
Right, I agree with your gold and silver are safer and provide greater profits than deposits. the longer the money is saved the more the value decreases due to inflation. and fiat money is influenced by the instability of the dollar. so saving money in gold and silver is more profitable and safe.

Some $40,000,000,000,000 is invested in gold worldwide. As they say "money is measure of success"
Gold and silver both are precious metals with which one can make money after selling it on high price in its high market. Furthermore gold and silver both are safe and easy to handle, On the other hand banks will cost you per month or annual cost from your banks account and there are many other terms and policies of banks so the simple investment in gold and silver.
Yeah I agree with this. The reason of the exchange rate increases is that because it has limitations in which if we used all this resources, it cannot be produced. At the same time it is really an advantage to invest into this because of the profit possiblity. But then it is highly suggested to invest in bitcoin since it is on trend and hype will soon attract you.
Bank deposits which mean that you have amount stored in bank and the work of bank is to protect your money from any type of harm or affect but they charge fees of the services they provide. Furthermore they have implemented yearly rates and monthly rates on the money we have in our account. So it is a type of disadvantage to user as well so it is not bad to tell that gold and silver will keep you safe from these costs.