Quote from: First77 on June 13, 2018, 05:19:32 AM

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I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.

Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.

Example:

Profit for gold and silver for year 2016 is 12%.

Profit for gold and silver for year 2017 is 0%

Profit for gold and silver for year 2018 is 8%

Profit for gold and silver for year 2019 is 16%

So average profit for 4 years is +9%

How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??

I would say investments in gold and silver is relatively safe, of course you can't be too sure since markets are unpredictable but from my experience I have been profitable from investing in PMs. They are also more liquid than most people would say. I have had times where I bought some gold bullion, sold it in a week, and received my money a day after I sold it! Overall i'm a big advocate for investing in PMs, I do all my buying and selling at http://nycbullion.com/ they always offer me great prices and liquidate my PMs super quick!

roccobull

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