Quote from: Vaskiy on May 18, 2023, 11:09:15 PM

Quote from: macson on May 18, 2023, 10:01:11 PM

Quote from: koleusdat on May 09, 2023, 12:06:13 PM

How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?

did you not want add another option like bitcoin lol

^{[between gold and bank deposits]} --why do have to invest in something that can be continuously printed by the government like fiat currency, imo saving paper money is ridiculous, the thing that keeps happening is losing value over the years, and also the result of inflation. while gold, well the amount is limited and the circulation of money there is quite fast, apart from that the majority of people still really love gold even gold is still the primadonna for women, this is what makes gold quite immune to inflation. i invested in gold before getting to know bitcoin and when i got to know bitcoin i invested 60% in bitcoin : 40% in gold.

Rather than investing into fiat, it is good choice to go with gold. Throughout history the importance of gold can be seen and the goodness relies on how we make use of it. Women love gold and the same serves as an investment. This is two in one against the inflated fiat. I should've invested in bitcoin, but my major investments were on gold. This is all because of the choice of using it as collateral to get loans when there is an immediate need for money.

that is one of the advantages of investing in gold, besides the goods we can use and also when there is an urgent need there are many options that we can use to take out a loan with gold as collateral or sell it very easily too.
and also if you look at the movement of the price of gold from the past, nothing has decreased and has even continued to increase even though with very small movements.
Gold is of course a very good investment when compared to deposits.
the disadvantage of investing in deposits is that when you really need it, the investment is not easy to liquidate, there are even certain times that have been agreed upon from the start.