Gold

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Bitcoin: layman’s terms

We are in the age of cryptocurrency and bitcoin has capitalized as being the premier worldwide decentralized digital currency. As it currently stands, 1 bitcoin is worth about $5300.00 CAD. It’s known for being a volatile/fluctuating investment but generally one that has soared astronomically in value over the past 5 years. Here are some questions

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Gold Reserve

As we know, gold is one of the highest valued metals across the globe. Before the idea of currency could even occur to human beings, gold was used for monetary purposes. Now that we have the idea of currency, a question that is frequently asked is “how is currency secured?” Well, gold is what secures

Brief History of Gold 101

Why do we value gold? What makes it a commodity? Let’s take a brief journey through time to find out why!   Along with copper, gold was one of the first metals to be discovered by man approximately 6000 year ago. Gold differs in its characteristics from other metals. It is the most malleable of

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Trump triumph proves a rollercoaster ride for financial markets

The world watched as the votes were tallied up for the presidential election on November 8th, 2016. Elections usually do trigger a change in the stock market. But this time it was different. Considering how different this presidential campaign was to previous ones, it seemed fitting. Many people, let alone Republicans, and certainly investors did

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TOP FIVE UNKOWN GOLD FACTS

1. There is 6 tons of gold in ever cubic kilometer of the ocean. That’s about 10 billion tons of gold in the oceans; however, there’s no known way to economically recover it. 2. The largest gold nugget, named Welcome Stranger (pictured below), was found in Australia, weighing at 152 lbs. 3. A one ounce

Q&A: Selling your gold

The to-do list for this coming weekend:   Shovel snow (hopefully not) Start spring cleaning Sell your unwanted scrap gold and jewelry for cold hard cash?   Why not. Gold prices have been on an upward trend from the beginning of 2016 and now would be a good time to sell. But before you do,

How the presidential elections affect gold prices

According to past experiences, companies are reminding investors that in March 2008 gold prices rose to over $1,000, but dropped to $740 in November when the elections took place. Gold prices will most likely drop in the year leading up to presidential elections, according to Terry Hanlon, President of Dillon Gage Metals. Hanlon also stated

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