The low yields still offered by bank deposits and the low interest paid in the latest auction of Treasury Bills are not enough to offset inflation, which in Catalonia remained at 3.6% in June. What other options are there to offset the price rises and protect our savings?

After experiencing a third consecutive rise in prices, inflation in Catalonia stagnated in June and remained at 3.6%, according to data published last Friday by the National Statistics Institute (INE). This is the same year-on-year variation recorded in May and two-tenths of a percentage point above the national average.

In this context, the enthusiasm for buying Treasury Bills experienced since December 2023 by retail investors seeking to offset inflation and make their savings more profitable than the low remuneration offered by large banks for deposits, is not being compensated as expected.

In the latest auction of Treasury bills, which took place at the beginning of the month, the Treasury paid an average interest rate of 3.4% for one-year bills and 3.3% for the six-month benchmark. Moreover, the consensus among experts is that the yield on Treasury Bills will fall even further in the coming months, as the official price of money falls.

On the other hand, Spanish banks still do not offer deposits with interest rates that compensate for rising prices. To find the few European banks with deposit accounts that match or exceed inflation, we have to look beyond Spain. This is the case of the Lithuanian bank, Mando Bank (3.66%), or Latvia’s BluOr Bank (3.65%).

High returns with low-risk

As a general rule, investments that offer high returns come with high risk, while low-risk investments offer more stable, but potentially lower, returns. However, at 11Onze we have shown that this does not always have to be the case.

Saving with 11Onze is always based on one maxim: they have to be safe propositions. That is why we have made a firm commitment to gold, because of its historic role as a store of value. This precious metal not only represents a useful and effective way to diversify our savings and investments, but it can also help us to obtain liquidity in case of need.

At Preciosos 11Onze we offer gold bars in two formats: Gold Patrimony and Gold Seed. Bearing in mind that gold has doubled in value in the last five years and that its price rose by 15% in 2023, it has consolidated itself as an excellent option for dealing with inflation.

Earning money at the banks’ expense

Social justice does not have to be at odds with making a profit on your savings. Thanks to Litigation Funding, you can help others who have been abused by banks or the government while earning returns of between 9% and 11% on your money.

It is a product that has been structured exclusively for members of the 11Onze community, offering two ways to participate: an option that returns your capital and possible profits after one year, or another option in which your capital works for a few years and provides you with a monthly return in six months.

Almost 100% of Litigation Funding’s clients have reinvested their money in the same product. Considering that the capital is 100% insured and that it has had a 100% success rate in litigation since its launch just over a year ago, you have no excuse for having your savings standing still!

Preciosos 11Onze makes it easy to buy gold, at the best price and with total security. Give us a call and speak to one of our agents without compromise to clarify any doubts you may have and protect yourself from economic crises with the ultimate safe-haven asset: physical gold!