Quote from: akram143 on April 02, 2019, 08:41:03 PM

Quote from: First77 on June 13, 2018, 05:19:32 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.