Current Market Rates Per Ounce February 03, 2012 3:19:34 PM PST USD $  CAD $ Gold (AU): 1,724.90  1,709.10 Silver (AG): 33.56  33.26 Platinum (PT): 1,615.63  1,600.83 Palladium (PD): 701.60  695.17 USD-CAD Exchange Rate: 0.991 J&M Coin & Jewellery Ltd. 127 East Broadway Vancouver, BC, V5T 1W1, Canada Tel: (604) 876-7181 Toll Free Ordering: 1-888-244-9999 Fax: (604) 876-1518 e-Mail: jandm@jandm.com Web: www.jandm.com

Owning Gold and Silver By Vincenzo Desroches June 18, 2010 With the price of gold and silver going up at such an alarming rate every investor seems to want a piece of the action. With the economy not doing so well, and unemployment remaining high, many feel gold silver and other precious metals are the best investment. This is partially because they provide a real attest that you can hold in your hands and keep as a collector's item if necessary. Before you rush into buying actual gold or silver from online dealers or your local jeweler lets review some of the pros and cons. First let's start with the positive aspects of owning physical gold and silver in either coin or bar form. Gold and silver have never been worth zero at any point in history. This should continue on forever as there will always be some demand for the asset. It is tangible unlike stock certificates. You can hold it in your hands and show your friends and family when they come over. Owning stock entitles the stockholder to a small ownership stake of the company. All companies have the possibility of going bankrupt if management does not run the company well. Also corporate scandals involving fraud are also common and further deter investors from buying stock. If the company fails you will more than likely lose your entire investment. This is not true with gold, silver and other commodities. You will always own whatever it was you bought, and like I said before never has a commodity been worth nothing. Buying gold and silver is a good protection against inflation. If the public perceives inflation is to hit the economy, then investors will usually put their money into hard assets. This will cause the price to go up and the owner of the gold and silver to have a more valuable asset. Most investors can judge if inflation is creeping into the economy by watching currency prices. The eurusd charts that are available on many web pages online will help investors see if the U.S Dollar is weakening, indicating inflation problems ahead. On the negative side, if you were to buy a lot of gold and silver bars or coins you would need a place to store it. This should not be a problem for most retail investors who juts buy a small amount. But the more you own the more storage you will need to keep it. If you own a substantial amount that has significant value than there might be additional costs to keep it secure. Owning the actual commodity might entice others to try and steal it from you if they know where you keep it. This could deter some from buying actual gold and silver and instead investing into a gold fund that is traded on the major exchanges. One of the other drawbacks about physical ownership is being able to get a fair price when you go and sell it. Trading gold and silver futures contracts gives traders the benefit of not having to store the commodity, and having a lower spread. If you were to try and sell gold coins or bars at the local dealer they will not give you the full amount that it is worth. This is because they in turn sell it to others who want to buy and make the profit from the difference. This could hurt your profit if you are looking at buying actual gold and silver to make money. Gold and silver futures contracts give investors the right to buy the commodity with much less overhead and a lower spread when they need to sell it. Make sure if you are looking to invest in precious metals that you ask the dealer at what price he would then buy it back from you at. This could make you decide not to want to buy actual gold and silver and instead buy futures contracts or buy into a fund that invests in futures contracts. In the end the decision is yours to what type of investment you will make when trying to invest in appreciating gold and silver prices. Talk to your financial advisor about other possible ways to play this market. Home | Products and Prices | Buying | Selling | FAQ | Articles | Forms | Top Website © Copyright J&M Coin & Jewellery Ltd. 2010. All rights reserved. Pricing index programming and site hosting by Sandrix Technologies Ltd. (AXD)