17 Reasons Why Collecting Gold and Silver Coin Assets In A Recession Is The Right Thing To DoCompany: Numis Network
How many got burnt by the property market? There are quite a few estate agents and realtors who have moved on to other industries after having been hit by the down turn in the economy.
Let’s face it, it is not just property that go hit, so did the banks. Quite a few of them had to be bailed out by the government and us the tax payers.
SO without further ado, here are my top 17 reasons why you want to be building collectible gold and silver coin assets especially in these austere times.
- World currency has fallen since the recession started in 2008, we have seen in the news the issues surrounding the Euro Currency, and also issues with the US Dollar and the Pound Sterling.
- House prices have fallen to an all time low, due to the mortgage problems back in 2008 when the sub prime mortgages his the UK and USA, the property market is taking its time to recover. Some would argue that the property prices where over inflated anyway and that the prices now are more realistic.
- Rates for savers are at an all time low. Banks are offering rates of 0.5percent for savers although some may vary, but to get a rate about 2 or 5% is a rarity indeed.