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 don't know the convenience in buying gold from the bank and holding over there but the truth is that over the time, I've always advised people to buy physical golds possibly in forms of jewelries and rock them to your satisfaction because if will never loss value but rather you shot two birds with just one stone.
What I'm saying in essence is that it would be better if you buy physical gold since your measure challenge is recession and bankruptcy and if you're buying gold from the bank and the bank is suddenly pronounced bankrupt, then there are still possibilities that your gold in the bank might suffer the same fate with the regular fiat in the bank.
Just as everyone might advice you, I will still add that you should try investing in cryptocurrency and since we're in the bear market, it wouldn't be a bad idea investing in it because if for nothing, there are news of bitcoin possible skyrocketing by end of the year or possibly early new year.