Compelling Reasons to Invest in Gold and Silver

Gold and Silver

Jewelry that are made of gold and silver

Women tend to be drawn to sparkling things including jewellery made of gold & silver. It is a great way to dress up a simple outfit and there are moments where all you need is a little sparkle to feel great about yourself. However, it seems like gold and silver are not just for dangling on a women’s wrist. There are compelling reasons to acquire them because not only are they lovely to look at but they are and will be great investments. The most compelling reason is that since the dawn of time, gold & silver were viewed as money in cultures all over the world. It is believed that in over 50 languages, the words silver and money are the same. These minerals have been searched for ans mined since before man could read and write.

Are you aware that until 1971, the US dollar was backed by gold?. Until that time, Americans were able to convert their cash into gold, which was valued at approximately 25 dollars for every ounce. However, on August 15, 1971, President Richard Nixon, made the abrupt announcement that the US dollar will no longer be supported by gold. The American government assumed a “fiat money system” being a system where a government promises to support its value at all times. Until when it can no longer. Since then, the value of gold has quietly shot up from 35 dollars to 1,900, before falling to 1,375 then rising to 1,456 dollars, as of May 01, 2013. That shocking rise tells you why gold is a great investment for the future. We must point out, that since the dawn of time, the amount of silver mined has been 11 times the amount of mined gold. Yet at the moment, the price of gold is over 60 times the price of silver. This ratio is too high and will not hold. Until when who knows? And given the fact that the world wide money supply is increasing as you are reading this and that the above ground silver stocks have been consumed in too many applications to count, it is to your advantage to purchase silver coins and rounds. Both gold and silver will continue to go strong while currencies will one day be not worth the cost of the paper and ink to create them.

Gold and Silver are finite resources

Robert Frost once said that “nothing gold is eternal”. It is interesting to note that gold & silver are finite resources and that’s what makes them very special. Because the amount of gold that is available for trade is very limited, its value also tends to be very high. That is the law of supply and demand. Because most of it is being used for jewelry and private stocks, it has become even rarer and its value even higher. It might not just be tempting to invest in gold stocks, but really is a necessity in the coming years.

There are people who would much rather just invest in money. While there is nothing particularly wrong with that, it is important to remember that currency tends to lose its value through time. Add the debts that the government finds itself in, the value of money drops in worth all the more. However, to this day, the value of gold & silver is still unaffected by these outside factors. That alone is a compelling reason to invest in it. Remember, money loses its value the minute it is out in the open, while Gold increases its value.

The value of gold and silver

You cannot pay for goods in Asia using American Dollars and neither can you pay for goods in the United States using Euros. There is no such thing as a universal monetary denomination. However, the value of gold & silver is recognized regardless of what part of the world you are in. That means that it is not affected by the changing values of currency depending on the country that you are currently in.

To this day, gold still remains to be a sought after metal. The value of other metals such as tungsten or titanium can change but the worth of gold never wavers and remains the same.

Those are but some of the compelling reasons to invest in gold & silver. It is tested through time that its value will not drop and it will always be regarded as precious. Those are the reasons why investing in gold & silver are always a good idea. In the future where technology will continue to improve, mining and finding these precious minerals will be costly and so will their values be.

Compelling Reasons to Invest in Gold and Silver

Canada Real Estate Boom

Canada Real Estate : when a house makes a home!

Canada Real Estate

From an economic point of view, Canada has been for a long time considered a “paradise” and Canadian real estate has been described as the “tenant’s friend”. During and after the crisis that put USA and all wide world in a difficult and critical position, Canada has been portrayed as an example of fiscal prudence, and sure enough the Maple Leaf Flag country succeeded where USA and Great Britain had failed. Heavy casualties has been avoided thanks to the offer of different incentives made to tenants, such as: free rent for one month, free parking, household appliances, etc. This is a very frequent situation occurring in most Canadian cities, like Vancouver and Toronto.

Canada Real Estate Boom | Toronto & Vancouver

So-called “Eco friendly town”, Vancouver has become the perfect example of fusion between urban lifestyle and environmental development (everybody knows that Canada has always taken an interest in the environment). The heart of Vancouver is the big number of purpose-built apartments situated inside tall buildings, such as the skinny towers, connected to shops, restaurants, meeting-places, all along the downtown. This fusion permits to residents living in the skyscraper to be involved in local everyday life, and creates a very singular atmosphere that you can compare to the one characterizing a little village. That’s what Vancouver is able to transmit to residents: a homely man-sized town (it’s no accident that the word “Canada” comes from “kanata”, that is “village”). Here, you can get about by bike or you can get one of the many public transports this town has at its disposal, like the “aquabus”, trains, subway, etc. According to a recent ranking made by the Economist Intelligence Unit, Vancouver boasts one of the best quality of life in the world.

Toronto, on the other hand, hosts worldwide students, whose aim is to learn and improve their English, but also many travelers and businessmen. That’s the reason why Toronto has enjoyed a real estate boom and condos (condominiums) are gaining immense popularity. Toronto condos or lofts consist of the best and affordable form of investment for people who cannot afford to invest in property and need large and comfortable living spaces. They’re equipped with exclusive amenities, like laminate wood floors, nine foot ceilings, huge terraces, amazing surroundings with swimming pools, gyms and markets.

Canada Real Estate boom Too good to be true !!

Too good to be true, isn’t it? Actually all these amenities have a specific price! Typically monthly condo fees are due to doorman to doormen, snow removal, trash removal, reserves, professional services like lawyers and accountants and possibly some utilities. In luxury buildings condo fees may go towards other amenities like fitness rooms, pools, parking attendants, 24 hour concierge and chauffeur driven cars. These condo fees could be very problematic for the real estate investor.

According to this latest analysis, the borderline between investment and speculation becomes thinner and thinner, but if done correctly and carefully, Buying or renting condos can be an amazing and successful form of investing. You can find several online real estate agents offering competitive prices for the best Toronto condos available, but, before you invest, check on their reliability!

Canada Real Estate

do not wait to see your money grow by investing in Canada Real Estate

Vancouver Condo Market

Vancouver is today a mobile city, like most cities in Canada because of the affluence of foreigners (only 33% of the population was actually born here) and the presence of foreign investments. These affluence of investments brought up changes in the real estate market and many people come here to invest their money in condos, houses. These condos are used mostly for rental and this is pushing the sale prices up and marginalizing certain categories of the population who cannot afford to buy a condo. Urban planner Andy Yan sustains that 50-60 % of the condos are owned by investors that prefer to rent them so that price of sale is higher.

Vancouver Condo Market & Investment

The houses in Vancouver cost more than double the national average price of $407,044 and this is because of the condos used as rental stock but investments cannot be stopped. The authorities might do something ”to establish regulatory incentives on the housing market” suggests community advocate Sandy Garossino and urban planner Andy Yan .Another solution is building new condos and in the last year new constructions have eased off the phenomenon of speculations ,in north the projects on Mountain Highway ,on the east side on Boulevard Desjardins. Due to the Internet development one can make his own research for finding a condo or look for an agent depending on price and necessities. One can also choose a reconstruction because of the lower price like the one in Howe Street scheduled to be completed fall /winter 2013 or the one in 1088 Richards Street scheduled for 2016.

The companies a are building condos all over the city 58 condos are finished and 101 are in reconstruction. Still the problem of affordability is a long way from being solved for certain areas of Vancouver as Metro Vancouver .To ease these problem was created one point of reference UDI/FortisBC Housing Affordability Index developed by Vancouver Sun, Urban Development Institute. This tool is able to tell if one can afford a house in a certain area Vancouver. One thing is certain housing affordability is increasing ,the benchmark index for single family detached homes, townhouses and condos slipped 3,9% year over year to $593.100,the average price for condos dropped 2.8% year over year on the west side and 0.9% on the east side of the town.

Vancouver Condo Market Real Estate

It is obvious for all that sales have evened this year and this is not only the opinion of experts but also of people in Vancouver who are convinced that the next three month is a good time to buy. Vancouver Observer in his biannual real estate survey reveals that 54% o the population ‘s opinions are favorable to buying a house or a condo for the fist time after a years the population is optimistic about falling prices, variation of housing bubble and of a larger choice.

This encouraging numbers may improve along the months and years to come , the population is not estimated to increase too much and the investment may reach a peak and fall off but for the moment the real estate market especially that of condos is in a continuous movement and change due to the influx of investments from outside counterbalanced by the construction of new condos. All these might create a stable background for people to set up roots in this cosmopolitan city full of possibilities .

Vancouver Condo Market