Purchasing gold and silver is a guaranteed technique to have a valid investment. Making an investment in such rare metals may seem to be rather challenging for someone who hasn't made so in the past. However, there are some valid reasons why you must invest in gold and silver. Looking at the reasons and recognizing them is the only way for you to learn if you're having a valid financial investment or not.
Current retail gross sales are actually disappointing. Once you take a look at most of the leading retail stores, you'll discover that there's a rise in their own progress. Understand that details about this growth present an increase only in gasoline sales. As a result, once you scrap such figures out, you'll find that sales had been actually lower than agreed estimates. It means that the general economy is not actually secure, but it's quite fragile.
There's been an increase in unemployment rates last year and this year. Layoff announcements in the private and public industries are up by over half in the present year than the previous year. According to private placement companies like Challenger and Gray, these rates are likely to rise. The United States economy has already lost jobs for over six straight months, and it worsens the poor state of the overall economy.
Currently, there's trouble brewing within the financial markets. Several of the major monetary and mortgage firms reduced their payouts, reported big losses and missed their profit estimates with a huge margin. Indeed, a couple of these companies have a negative equity position. Bearing this in mind, shareholders of these companies must expect to have very little in terms of dividends. At the same time, the stock prices of such corporations have gone very low.
One of the loan companies is reported to be in such a poor financial circumstance that its investors would receive nothing at all even when the corporation sold its own investments and paid out all of its financial obligations. The company's Chief Executive Officer has stated that there is prediction of more deficits and they have stopped purchasing mortgages. Due to the terrible things that happened to the company, there has been a rumor of a potential federal government bailout in case matters do not change.
Mortgage non-payments are on a downward trend. Mortgages which were issued 2 years back are reported to have a delinquency percentage of 0.91%. The delinquency percentage prior to this was around 0.33% - which means the current rates are experiencing a downward trend. In addition, these are the percentage rates for prime mortgages. There have been estimates claiming that over half of sub-prime mortgages that were granted two years ago tend to end up in arrears.
Inflation is even worse than it looks. The consumer price index is up by five percent. It is considered to be among the largest one-year spikes since 2 decades ago. To make matters worse, specialists were quoted saying that the figure is more serious than what has been announced. During the presidential terms of Clinton and Reagan, the strategy utilized in measuring currency devaluation was changed to make way for the reduction of the established percentage.
Current retail gross sales are actually disappointing. Once you take a look at most of the leading retail stores, you'll discover that there's a rise in their own progress. Understand that details about this growth present an increase only in gasoline sales. As a result, once you scrap such figures out, you'll find that sales had been actually lower than agreed estimates. It means that the general economy is not actually secure, but it's quite fragile.
There's been an increase in unemployment rates last year and this year. Layoff announcements in the private and public industries are up by over half in the present year than the previous year. According to private placement companies like Challenger and Gray, these rates are likely to rise. The United States economy has already lost jobs for over six straight months, and it worsens the poor state of the overall economy.
Currently, there's trouble brewing within the financial markets. Several of the major monetary and mortgage firms reduced their payouts, reported big losses and missed their profit estimates with a huge margin. Indeed, a couple of these companies have a negative equity position. Bearing this in mind, shareholders of these companies must expect to have very little in terms of dividends. At the same time, the stock prices of such corporations have gone very low.
One of the loan companies is reported to be in such a poor financial circumstance that its investors would receive nothing at all even when the corporation sold its own investments and paid out all of its financial obligations. The company's Chief Executive Officer has stated that there is prediction of more deficits and they have stopped purchasing mortgages. Due to the terrible things that happened to the company, there has been a rumor of a potential federal government bailout in case matters do not change.
Mortgage non-payments are on a downward trend. Mortgages which were issued 2 years back are reported to have a delinquency percentage of 0.91%. The delinquency percentage prior to this was around 0.33% - which means the current rates are experiencing a downward trend. In addition, these are the percentage rates for prime mortgages. There have been estimates claiming that over half of sub-prime mortgages that were granted two years ago tend to end up in arrears.
Inflation is even worse than it looks. The consumer price index is up by five percent. It is considered to be among the largest one-year spikes since 2 decades ago. To make matters worse, specialists were quoted saying that the figure is more serious than what has been announced. During the presidential terms of Clinton and Reagan, the strategy utilized in measuring currency devaluation was changed to make way for the reduction of the established percentage.
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Perhaps this content showed you why buying gold and silver is advantageous right now. It is basically because of the horrible state of the economy. In case you want to invest in silver and gold, you could read more at: buyinggoldandsilver.org
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