Post
Topic
Board Economics
Re: Gold & Silver are safe than bank deposits ??
by
geegaw
on 17/06/2019, 12:54:04 UTC
Gold & Silver are safe than bank deposits ??

Gold and Silver that you dont hold at home properly secured are same safe as bank deposits. They can be easily taken away from you when government decide so.
well, the potential is the same, only the way to use it is different. maybe the deposite in the bank will be easier and the risk is low. while having gold and silver is more troublesome, and the risk of loss is high. for now, I choose a deposit, because it's simpler.
Sending money to the bank is really safer when they always prepare a multi-layer security system and a very professional bodyguard team, holding gold and silver will not be safer than banks when the security of each individual can only be relative. But most people will focus on gold and silver, instead of banks because it is a matter of interest rates, banks only provide us with a small amount of profit while if we invest in gold and silver in the right way, profits are superior to banks, relative safety is still enough for us to risk