Canadian Banks | Forums | Terms of Use

Welcome to the Canadian Financial Forums forums.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please contact contact us.

Go Back   Canadian Financial Forums > Canadian Financial Forums > Investing

Reply
 
Thread Tools Display Modes
  #1  
Old 11-18-2009, 06:50 AM
Journeyman Journeyman is offline
Junior Member
 
Join Date: Nov 2009
Posts: 9
Default Is the time right to buy gold and if yes how?

Is the time right to buy gold and if yes how?

I have no clue as to the options for buying gold can someone enlighten me?
Reply With Quote
  #2  
Old 11-18-2009, 05:19 PM
Rickson9 Rickson9 is offline
Member
 
Join Date: Sep 2009
Location: Mississauga, Ontario
Posts: 83
Default

If you have determined that the price of gold is sustainable and you have evaluated the income statement, balance sheet and cash flow statement of a gold mining stock then one way to purchase gold is to invest in a gold mining company on the stock exchange.
__________________
Visit my website at http://www.ticonline.com
Reply With Quote
  #3  
Old 11-19-2009, 06:26 PM
trent trent is offline
Senior Member
 
Join Date: Jun 2008
Posts: 387
Default

I still think gold can decline as much as 20% from here in the short term, however in the long run it will be much more expensive...
__________________
No debt
Reply With Quote
  #4  
Old 11-19-2009, 10:48 PM
Journeyman Journeyman is offline
Junior Member
 
Join Date: Nov 2009
Posts: 9
Default

I am wondering other than buying stocks in a mining company that is looking for gold. Are there other ways to do it? What are the different options?

Can I buy Canadian 1 once gold coins and keep them in a safety deposit box? Are these real and worth the exact value of an internationally accepted once? Does it loose value if its scratched? If I wanted to sell them one day how and to whom would I do that?

Can I buy gold as a commodity and someone else holds onto it for me and I get paper? Where can I do this? I read around about a few places but they all charge you a storage fee... Sounds counter productive to me.

Wondering the same things about, copper, steel, silver, aluminum, platinum, titanium etc...
Reply With Quote
  #5  
Old 11-20-2009, 05:10 PM
Canadian Canadian is offline
Senior Member
 
Join Date: Jun 2008
Posts: 415
Default

I think you can buy Canadian gold maple leafs directly from the Canadian Mint, but you'll have to check if they have any limitations on quantity or any other requirements. You can buy gold certificates, but I'm not sure how to do that.
__________________
Bear with me please
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 04:33 AM.


Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2017, vBulletin Solutions, Inc.