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Traditionally, savings accounts have been considered a safe haven for saving money. However, with the current economic environment, Canadians are increasingly turning to bullion as a means to save their money. Bullion is a physical asset consisting of gold and silver coins. It is a more viable option for saving money compared to a savings…
Category: Gold Bullion Market
Tax Rules on Buying and Selling Bullion in Canada Explained
If you are planning to invest in bullion in Canada, it is as important to understand the tax rules as it is to choose the right bullion for your investment. Even though bullion can help you secure your wealth in the long run, you might still have your doubts about the tax rules when you…
Is It a Good Idea to Sell Silver Now With Prices at All-Time Highs?
With silver prices reaching record highs, there is one pertinent question that comes to mind. The question is: Is it the right time to sell? For some, the answer is not clear. It is not black and white. It all depends on your objectives and who you want to sell it to. Why So Many…
Silver Prices at Record Levels: Is This a Breakout or Just Normal
In the case of silver, which has also been making headlines once again – and this time, it’s definitely no small market movement. Prices have moved into record highs, and this has caught the eye of some investors who may have considered the metal to be “the slower metal” in comparison to gold. The burning…
Why Gold Is Often Referred to as “Financial Insurance”
Gold is not typically the flashiest asset in a portfolio. It does not earn income, it does not correlate with market sentiment, and it does not make headlines when times are good. Yet, for a period of thousands of years, it has been held nonetheless. The reason is simple. Gold is not intended to impress….
