Post
Topic
Board Economics
Re: Deposits-in the bank or in gold?
by
MarjorieZimmermanGinger
on 25/05/2023, 10:29:24 UTC
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?
Do something simpler if you have a much better choice, why buy gold in the bank if it is still available in the store? I understand your point regarding purchasing gold using bank services and in some areas banks also facilitate the purchase of gold as their product. But the problem is why do you have to take this method, even in a store that sells gold jewelry you can buy it independently and don't need a third party to facilitate it.

At present the economic condition is not good so that saving money in a bank does not provide any benefit, inflation and recession have made money lose value and it is often difficult for us to reach a more optimal storage stage when using a bank tube. While gold is a more reliable way to maintain the value of our currency, by buying gold independently you are trying to keep money from losing value and more potential for investment.