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?
I myself like Investing in gold can be a hedge against inflation, because its value tends to rise during uncertain economic times and this was also implemented by my parents first and has proven to perform well anytime and anywhere it can be sold and can also be used as collateral. For banks at this time there are lots of issues of being hit by a hyker attack and prone to collapse, especially those that are performing poorly and I take great care and always monitor so that my funds are not misplaced.
Nothing is absolutely safe and gold has its risks. If you hold too much physical gold and if someone finds out, you not only run the risk of gold theft, but it can also put your life in danger. Or in cases like natural disasters and floods, moving gold will be very difficult. So your assets are not necessarily safe when set all in gold. The best way is to diversify, as many have mentioned, that way, you will be able to reduce the risk. Gold, savings, stocks, or some crypto, it's the best way.