A few weeks ago, I wrote in this venue about the alleged manipulation of silver prices by JP Morgan. These real, tangible assets are offered in gold and silver, with a metallic composition of 99.99% (gold) and 99.9% (silver). Competitive pricing, quoted in Canadian or US Dollars, is driven by market rates. We have a variety of TD gold and silver bars available as well as products from the Royal Canadian Mint and other globally recognized assayers and refiners.
If you are into trading gold, it is best to know when the right time to sell gold coins is. In particular, you must have sufficient amount of knowledge about the gold market so you could buy gold at a lesser value and sell it at a higher value, resulting to a profit.
For short-term speculative bets, you can try investing in precious metals by buying for example gold futures or options contracts. These types of investments can give you a chance to control a large position in gold for a relatively small investment. On the other hand, the chance of losing your entire investment is high, making them a risky investment option.
Amarsingh Deo, head of Commodities & Currencies Research at Aditya Birla Money, says gold has been supported by a sharp increase in demand, mainly for investment, and the global economic situation, especially the debt crisis in Europe. The latter has led to an increase in demand for gold as a portfolio diversifier.
Common high pressure tactics that are used are feeling like you’re being pressured into buying collectible coins, feeling like you’re being pushed to make a purchase immediately because “the price is going to go up”. A good investor never feels pressure to make an investment or a trade and they won’t be moved by emotional tactics and you should never feel pressured by anyone at a solid gold investment company.