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Gold is a chemical element that has a scientific symbol of Au. It has a high economic value due to its scarcity. It is hard to mine, refine, mint and ship, therefore, its high price and premium. Bitcoin is a decentralized online currency that does not have a specific bank or single administrator. This…
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Category: Gold
Gold Price in Canada
Gold is a highly tangible asset that has a history of holding its value. It is a stable asset that is used as a hedge against inflation. It provides investors with an extra sense of security as it does well in times of economic uncertainty. In comparison to other assets such as bonds and…
Cash For Gold Vancouver
Vancouver is a city known for beautiful views and agriculture but besides that, there is a large financial industry. Different types of investors investing in different types of assets. Gold, silver and other precious metals have a large market in this area. If you are looking to sell or buy gold in Vancouver, take…
U.S Inflation Reaches 7% What does this mean for Gold?
The U.S inflation rate has gone up even more reaching record highs. It broke a record of reaching a 40 year all time high of 7%. Moreover, economists predicted this figure and they were correct. This drastic high rate is alarming as there are still no signs of the inflation rate slowing down anytime…
How do I sell my Gold coins and bars in Canada?
Typically, Investors are attracted to precious metals because of how tangible they are. These assets can be seen as luxury goods or long term investments. They are a source of extra security as opposed to a common bank savings account. Gold is a unique asset that is highly liquid, yet scarce. Gold provides competitive…
