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Thread: Gold & Silver are safe than bank deposits ??

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    Gold & Silver are safe than bank deposits ??

    I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 7%.

    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 for year 2016 is 12% and Profit for Silver for year 2016 is +20%

    Profit for gold for year 2017 is 0% and Profit for Silver for year 2017 is +10%

    Profit for gold for year 2018 is 8% and Profit for Silver for year 2018 is 0%

    Profit for gold for year 2019 is 16% and Profit for Silver for year 2019 is +30%

    So average profit for gold 4 years is +9% and average profit for silver 4 years is +15%

    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 ??



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    2,000,000 Gold bars at one storage location. Each gold bar weighs 10 kilos.

    Video: https://youtube.com

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    Giant banks like HSBC have $2,000,000,000,000 assets but banks in USA and Europe pay less than 5% p.a interest of fixed deposits. It's time that banks release money to worldwide people by paying 15% p.a interest.

    These "banks cartel" are paying peanuts to hard working people and banks are creating trillion dollars assets. Gold and Silver will shut down this banking business if banks do not change their ways.



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