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Joined: Fri Jan 05, 2001 11:29 pm

Investing In Gold

Tue Jun 07, 2005 10:08 pm

Recently a family member presented me with a new 1oz gold bullion coin from the Royal Canadian Mint. It's the first I've owned since I was very young. Quite a different departure from the usual gifts I receive.

I know the value of these coins fluctuates with the markets and the trading price of gold. My question therefore is it worthwhile to keep the coin, or avoid potentially volatile changes, sell it and stick the cash in a bank instead? I'd appreciate any advice from anyone who's had experience in precious metals or gold coins, evidently they're quite popular.
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