Is gold better than money in the bank?

[Bango]

Gold is a safe investment that preserves the value of your money. It doesn't matter what the inflation rate is, if you have gold you don't need to worry. However, there are banks where you can get monthly interest by investing in them. Which one do you think is better? Does investing in banks preserve the value of your money like gold?

 

[Blessed19]

Gold is a safe investment that preserves the value of your money. It doesn't matter what the inflation rate is, if you have gold you don't need to worry. However, there are banks where you can get monthly interest by investing in them. Which one do you think is better? Does investing in banks preserve the value of your money like gold?

Well it depends now ok what kind of gold you are talking about for if it is physical gold that you are having then I will say y is a bit better as also if you are having pax gold which is a crypto form of gold then I say to you that it is better but before you see the value in purchasing you have to sell it to make use of it big time.

 

[Bango]

Well it depends now ok what kind of gold you are talking about for if it is physical gold that you are having then I will say y is a bit better as also if you are having pax gold which is a crypto form of gold then I say to you that it is better but before you see the value in purchasing you have to sell it to make use of it big time.

By default we are always talking about physical gold. Although recently I read about Pax Gold and I am really interested in it. I think it is a good project. what is your opinion? Do you think it is safe for long term?

 

[uptrendfinancialsignal]

Investment in gold is also a very good form of investment.

 

[Springtime]

I buy gold coins from time to time. I think it's a good investment. The value of gold is relatively stable. Putting money in bank earns a bit of interest, but not enough to fight inflation.

 

[Starmix]

Oh yes gold is better than the money we save in the bank unless the saving is already in millions, so I could prefer my savings than the gold but if savings little better better be the gold.

 

[Bango]

I buy gold coins from time to time. I think it's a good investment. The value of gold is relatively stable. Putting money in bank earns a bit of interest, but not enough to fight inflation.

Yes, gold is a safe investment that we should invest some time to time so that we can use it in the future when the economic conditions are bad. Gold also preserves the value of your money

Oh yes gold is better than the money we save in the bank unless the saving is already in millions, so I could prefer my savings than the gold but if savings little better better be the gold.

My opinion is close to yours

 

[Bisolami]

Gold is a safe investment that preserves the value of your money. It doesn't matter what the inflation rate is, if you have gold you don't need to worry. However, there are banks where you can get monthly interest by investing in them. Which one do you think is better? Does investing in banks preserve the value of your money like gold?

Gold is better than the money we have in the bank because the money we have in the bank may not increase but gold will increase

 

[Reedex]

Investing in gold is far better than money in the bank because gold would appreciate better..

 

[eldavis]

Personally i believe gold is even better than money. Gold so far has been able to stand the test of time, it has been around for years and its still doing pretty fine till now.

 

[Suba]

Which is better, gold or money in the bank, of course, really depends on your goals. If you aim long term, then gold will be better, but if your goal is less than one year or only short term, then money in the bank will be better.

 

[Yohanna]

Investment in gold is far better than saving money in the bank.

 

[Stardom22]

As far as I am concerned I can go for the investing in gold over Saving in a bank account. This is because Gold appreciates and after sometime the value would be more than the money in a bank.

 

[Bisolami]

Investing in gold is far better than money in the bank because gold would appreciate better..

You are surely going to make profit when you invest in gold and it is not possible to make perfect when you put your money in the bank

 

[Bango]

Gold is better than the money we have in the bank because the money we have in the bank may not increase but gold will increase

Yes 100% gold is better. Of course, the bank also gives you monthly interest and with that money you can pay your living expenses and bills, but overall gold is better. It depends on the person in the end

 

[cherry123]

Gold is a safe investment that we can use it in the future when the economic conditions are bad. Gold also preserves the value of your money

 

[Shavkat]

Both of them are essential to people's lives. If I have a lot of money in a bank, I can use to buy gold items.

 

[Etini Willie]

Gold is certainly better than money in the bank as a savings and a financial hedge. The only downside is that you can easily access money in the bank anytime but for gold, you have to sell it first.

 

[nomad]

Value of money will go down, especially when there is inflation, however, gold will always increase in its price value, even when there is inflation (that's because people invest in gold more when there is inflation)

 

[HansonU99]

I don't think that gold is better than money in the bank tell me is it not money that you will sell gold to get so money is better it's the end product of all things