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?
Deposit in a gold is good investment, if we invest in gold, gold value will go to the inflation. When inflation will be high, deposit in gold will be best option, deposit in bank in gold will give a ROI and we will get 10 percent returns. You are right in this point of view, banks can bankrupt and it is fact that banks can go to out of cities. If you do not trust on banks, do not deposit your money in banks. Rather investment in gold is good idea and it will save your money. More than 90 percent banks are not able to trust. Banks make money by using money of public and they make a fraud.