investing in gold


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silverlining0123   
Member since: Dec 08
Posts: 23
Location:

Post ID: #PID Posted on: 26-04-09 23:51:00

Hello CD members,

Does anybody can highlight what is the best option to invest in Gold, Canada or India? and what things need to be considered before buying and which place to buy best at in Canada and in India as well.

thanks!!



prince77   
Member since: Apr 05
Posts: 387
Location: Canada

Post ID: #PID Posted on: 27-04-09 21:00:55


We(me and my spse) were just discussing about the same issue yesterday
My argument was to buy it in India(where you get reliable gold) and more over i feel it is a bit cheaper to buy in india then to buy in canada(am i wrong?)
but my spse argues buying gold in the form of biscuit or coin the price is going to be the same and the purity is also the same....but my betterhalf says rather than buying gold in canada we invest in GOLD CERTIFICATES......would someone like to throw more light on this pls......

cheers
prince

Quote:
Originally posted by silverlining0123

Hello CD members,

Does anybody can highlight what is the best option to invest in Gold, Canada or India? and what things need to be considered before buying and which place to buy best at in Canada and in India as well.

thanks!!


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http://www.pictaram.com/user/pannapantry/3267403800


irock   
Member since: Jan 08
Posts: 344
Location: Toronto

Post ID: #PID Posted on: 27-04-09 21:18:26



If you want to buy gold coin or biscuit, Canada is the best place to buy gold when you take into consideration the purity.

Most of the people don't know that people all over the world including in India, are crazy about Canadian Mint Gold Coins because of their purity.

Scotia Bank is the best place for buying & selling precious material in form of physical material or certificates

http://www.scotiamocatta.com/products/investment.htm" target="_blank">http://www.scotiamocatta.com/products/investment.htm</a>

ScotiaMocatta offers a range of popular world-renowned gold coins

Canada: Maple Leaf Gold Coin

Scotiabank is an official distributor of Canadian Maple Leaf gold and silver coins, which are prized as gifts of great beauty and value. The Maple Leaf gold coin is guaranteed by the Government of Canada to contain 99.99% pure gold. There is no bullion coin in the world today that is more pure.

You can research about gold certificates, bullions & gold bars also in the above posted link. Also there is a lot of information in FAQ section...


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Smiley   
Member since: Mar 03
Posts: 1185
Location: USA

Post ID: #PID Posted on: 28-04-09 13:49:40

It is a great time to invest in gold to save yourself from currency Inflation (especially US$) .

Try and buy bullion (biscuits) and not coins ( the premium on bullions is much less as compared to coins )

For reference try http://www.monex.com" rel="nofollow">LINK or http://www.nwtmint.com" rel="nofollow">LINK

also these are 99.999 % pure gold much more pure than any jewellery you would get in India


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