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Buy and Invest in Gold Bars

You have been an investor for as long as you can remember, but if you have never thought of investing in gold, perhaps this is the right time to do so. Gold ownership has many benefits and once you decide to buy and invest in gold bars, you have an upper hand in the stock market since gold bars are a bit stable in price and never wither or lose value. This means that the gold bars you have right now will still be the same as those produced a hundred years to come and can still be sold at a good price.

Gold bars can be cheap to buy and invest in compared to other forms of gold such as sovereigns. When you want to buy gold bars, think of whether you want the cast or minted type but there are many other types. Also consider the weight of the gold bars; whether you want less than or more than 1 Oz of weight. Gold bars sold are normally offered with the descriptions of their weight, end date of offer, purity percentage and their prices.

Gold bars are preferable because buying and reselling them is easier. The best thing is that you can resale gold bars anywhere around the world. Gold bars are offered in a variety of shapes, sizes and a price, hence getting the right one for you is not hard. For the best dealings, consider buying gold bars in plenty since they come cheaper this way.

The other thing you should remember when buying and investing in gold bars is that bigger gold bars tend to retail at cheaper prices than smaller ones. Hence the more the weight the less it costs. Since gold bars are mostly bought for investment purposes and although their prices tend to go up every year, it is important to familiarize yourself with the gold bar market and the price changes before you decide on how you will buy. If you are new in the investment business, before you buy gold bars, know how the pricing is made and how they arrive at their weights.

Since gold is something precious and valuable, there is no way you are going to buy your gold bars and keep them around but you have to organize for the safe keeping of the bars either in safety boxes or bank. You can make your own safety box that is both theft and fire secured or rent one.

Before you accept to buy any gold bars, check their condition to ensure they are in order. And once you own them, taking care of them is inevitable since they are like your assets. And when you want to buy gold bars through the internet can be tricky which means you need to choose well your dealer, otherwise instead of investing, you will be losing money through scams.

Considering the fact that gold bars can be bought for your own home collection or for selling, the reasons for buying and investing in gold will depend on you but at the end of the day, the step will be a worthwhile one.

Home Sales Decrease, Down by 80% since the Industry Boom

Do not count on the new home market for a better economy. Home builders suffered a bad month yet again in October, reaching only a fifth of the rate of sales that they were enjoying during the industry boom five years ago.

Sales of new homes fell to an annual average at just 283,000. This was according to the Commerce Department. This is 8.1 percent lower than the already low performance in September and 28.5 percent a year ago when the rate was at 430,000 every year.

Experts on the housing market from Briefing.com forecasted that the market should reach at least 314,000 in home sales, but the actual figures now show that the performance is significantly lower.

According to Mike Larson, an analyst of the housing market from Weiss Research, the new home market was again at a disappointing state when sales plummeted to the bottom, all across the whole country.

New home sales are almost 80 percent lower than the pace that it had during the boom, which reached 1.4 million a year. Set in July 2005, that figure is now a distant past, as sales continue to stay at historic lows, even as mortgage interest rates go low and significantly lower the prices of new homes.

The Commerce Department revised the August sales figures as well, lowering it to 275,000 homes a year. This is a record low in the new home market ever since it started to track sales in 1963.

According to David Crowe, the National Association of Home Builders’ chief economist, more people are scared to buy new homes because of the grim economy, which has a lot of negative effects on the average American family. Unemployment and instability hinders them from committing to a long time of paying mortgages.

Usually, forming households increase a percent every year, as people get married, immigrants come, and careers are launched.

However, the economy has continued to slow down the personal advancement of the American. With most new graduates finding it hard to find a launch pad for their career, fewer immigrants come to the country and more couples delay marriages.

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