Stock Market For Beginners » Gold stocks

Buy gold coins online as an alternative to holding gold stocks

admin — Thu, 07 Jan 2010 07:21:51 +0000

A lot of us including myself generally would love to have something more substantial than the gold stocks to make sure that we have the actual physical gold with us given the way the market behaves in case of crisis like the way it happened when the mortgage crisis hit the stock market.

So if you still want some physical gold then your best bet is to buy gold coins or buy gold bullion bars.

That said your first reaction is bound to be as to how to buy the gold coins and what is the price at which you should buy the gold coins and also is it easier to sell the stocks vs. the selling the gold coins.

Gold bullion

First let me tell you what is meant by gold bullion. Gold bullion means gold coins and gold bars.

The gold coins come in variety of weights and that dictates the price of the gold coins. Next comes gold bars and these again come in variety of sizes.

Gold bars and gold coins are sold by authorized dealers which are authorized by the US Mint. These dealers will charge you the spot price of gold per ounce and the calculate the actual gold price of the gold coins.

Apart from these there are other gold coins which are there issued by other mints like the Maple leaf Gold coisn by canadain Mint and the Krugerrand by the South African Mint.

The bst way to buy the gold coins or the gold bullion is to fist finalize how much you want to spend on the physical gold asset and once that is done the check the current price of gold and based on that price calculate how much ounces of gold you can buy.

Now apart from gold you can also invest in silbver bullion as well as the platinum bulluion. People also invest in palladium bullion as investment in precious metals.

Gold coisn or bullion is definitely the true money and it is the safest bet against currency inflation as well as a good hedge against the falling dollar value.

Just to recap there are also gold stocks that you can buy and this gold stocks list will help you select the bets gold stocks to buy

Cameco (CCJ)

Coeur d’Alene Mines (CDE)

Cardero Resource Corporation (CDY)

Claude Resources Inc. (CGR)

Desert Sun Mining Corporation (DEZ)

Queenstake Resources Ltd. (QEE)

Rubicon Minerals Corporation (RBY)

Richmont Mines (RIC)

Rio Tinto Group (RTP)

Royal Gold (RGLD)

Seabridge Gold DRDGold (DROOY)

Birch Resources (EGI)

Norther Dynasty Minerals Ltd. (NAK)

Newmont Mining Corporation (NEM)

NovaGold Resources Inc. (NG)

Norilsk Nickel (NILSY)

Nevsun Resources (NSU)

North American Palladium (PAL)

Northgate Minerals Corporation (NXG)

Odyssey Marine (OMR)

Orezone Resources Inc. (OZN)

Pacific Rim Mining Corp. (PMU)

Pan American Silver Corp. (PAAS)

Phelps Dodge (PD)

Entree Gold (EGO)

Freeport-McMoRan Copper & Gold Inc. (FCX)

FNX Mining Company Inc. (FNXMF.PK)

Great Basin Gold Ltd. (GBN)

Gold Fields Limited (GFI)

Goldcorp Inc. (GG)

Glamis Gold Limited (GLG)

Randgold Resources Limited (GOLD)

Gammon Lake Resources Inc (GRS)

Gold Reserve Inc. (GRZ)

Golden Star Resources Limited (GSS)

Hecla Mining Company (HL)

Harmony Gold Mining Company (HMY)

IAMGOLD Corporation (IAG)

IMA Exploration (IMR)

Ivanhoe Mines (IVN)

Kinross Gold Corporation (KGC)

Crystallex International Corporation (KRY)

Lihir Gold Ltd. (LIHRY)

Meridian Gold Inc. (MDG)

Mines Management Inc. (MGN)

Miramar Mining (MNG)

Placer Dome (PDG)

Barrick Gold (ABX)

Agnico-Eagle Mines Limited (AEM)

Apollo Gold Corporation (AGT)

AngloGold Ashanti (AU)

Yamana Gold (AUY)

Banro Corporation (BAA)

Bema Gold (BGO)

Birch Resources (BMD)

Compañía de Minas Buenaventura S.A.A. (BVN)

Canyon Resources Corporation (CAU)

Cambior (CBJ)

Best Canadian Gold Stocks to buy now

admin — Wed, 25 Nov 2009 09:21:39 +0000

In times when the gold prices are at all time high and the US dollar is becoming weaker each day, Canadian gold stocks present a great avenue for investment for beginners or even experienced investors. With the supply of gold not increasing against the ever increasing demand of gold, gold is becoming one of the best options to invest you money. Countries like India and China have a growing population of middle class and upper middle class due to which the demand is always increasing. Many analysts believe that Canada is one of the safest regions for the gold miners and also has one of the two largest gold mining companies in the world.

Let us take a look at top five Canadian Gold Stocks list which have the potential to give great profits:

Kinross Gold (TSX: K, NYSE: KGC) – Kinross has mining operations in 3 continents and 11 countries. Kinross is Canada’s third largest gold producer, running a portfolio of mines in Russia, Brazil, Chile, America and more. It has 45.6 million ounces of gold reserves, market cap of $16.4 billion and dividend yield of 0.5%

Agnico-Eagle Mines (TSX: AEM, NYSE: AEM) – AEM is a favorite with many analysts due to its low-cost structure and diversification. It has 18.1 million ounces of reserves, market cap of $11.1 billion and Dividend Yield of 0.3%

Eldorado Gold (TSX: ELD, NYSE: EGO) – Eldorado Gold is a Canadian-based gold miner active in exploration and development in Brazil, China, Greece, Turkey, and surrounding regions. It has Market Cap of $4.5 billion and does not pay any dividend.

Yamana Gold (TSX: YRI, NYSE: AUY) – Yamana has 19.4 million gold reserve ounces from the 6 gold mining operations in North America and South America. It has market cap of $8.1 billion and dividend yield of 0.4%.

Alamos Gold (TSX: AGI, NYSE: ALG) – Alamos Gold has 2.0 million ounces of gold reserves, market cap of $1.1 billion and doesn’t pay any dividend. Alamos Gold is an intermediate gold producer focused on its Mexican Mulatos Mine

Apart from the big ones mentioned above, there are also some junior Canadian gold stocks which are doing pretty well. Some of them are:

IAMGOLD Corp (TSX: IMG)

Royal Gold, Inc. (TSX: RGL)

Lihir Gold (TSX: LGG)

Franco-Nevada Corporation (TSX: FNV)

Gammon Gold Inc. (TSX: GAM)

Red Back Mining Inc. (TSX: RBI)

Golden Star Resources Inc. (TSX: GSC)

Osisko Mining Corporation (TSX: OSK)

NovaGold Resources Inc. (TSX: NG)

Centerra Gold Inc. (TSX: CG)

New Gold Inc. (TSX: NGD)

Seabridge Gold Inc. (TSX: SEA)

Jaguar Mining Inc. (TSX: JAG)

Most of these Canadian gold stocks companies are expected to do very well going forward since they have already seen the toughest phase in recent past.

Gold Investment advice for the beginners

admin — Tue, 15 Sep 2009 02:03:01 +0000

The gold investment advice for the beginners is a must for those who are new to the glitter of gold and always keep hearing the upward moving todays gold rate. As far as the methods of investing in gold are concerned I have outlined here about how to invest in gold.

Now investing in gold is not for everyone. People who are stock market investors and want to invest in gold for the sole purpose of making money in the short term should primarily own gold stocks and yes some amount of gold bullion. But for all practical purposes your primary purpose of gold investments should be to have that physical collection of gold bars and gold coins which hold in good stead when everything else has failed you.

The economy is bad and the inflation is high and the dollar value is plunging it is then those gold bars will be of immense help to you. They are primarily your safety net. There is no doubt that if everything goes bad the gold will be of help to you and hence you should buy gold and then just kept in your safe deposit. This gold is not to be sold nor traded it is yours for that rainy day.

What to buy and when

The tough decision always is what to buy whether gold bars or the gold coins are better and I can say for sure that the best way is to have the gold coins. They are easy to carry and they are easily tradable and also have some aesthetic value. That said they are definitely at the same price as the price of gold. They are at a slightly higher premium than the price of gold. Now that said if you are not willing to pay a higher premium then go for buying the gold bars instead.

Gold Investing for Beginners

Avoid Gold Futures

Avoid gold futures, even though they may be very tempting in terms of the returns that are there for the seasoned investors. That is true the futures market is not for the beginners and it is for the seasoned investors. You can easily blow up your money if you do not invest wisely and a futures is a very different beast than the regular stock investing. I will not recommend it to the beginners at all.

There is another way of investing which are the gold accounts but those are given by banks to very large investors. This investment can be in the range of millions of dollars and hence we will not be discussing that here.

Last piece of advice in here for those stock investors buy gold stocks as and when you sense that the gold prices have fallen off their peaks and then start accumulating these stocks to gain some profit from gold stocks. This has to be done separately from your physical gold investment which is all the above gold advice is all about.

Gold Investing guide – Safeguard your stock market investments

admin — Wed, 09 Sep 2009 01:47:27 +0000

Gold the world is considered as safe haven against the stock market fluctuations. The best of the stock market gurus will tell you that investing in gold any day is a way to protect yourself and is a good way to diversify your portfolio. I hope that this gold investing guide will help you buy and have gold till you have enough to retire.

Now you would argue that when should I buy gold and I would say that there is never a bad time to invest in gold. The majority of the folks who have always invested in stocks or in real estate will always jump and say that it will mean that you need to invest in the gold stocks or the gold futures contract. Well no definitely. Well if you are looking at the short term investment then go for the gold stocks investing as they are doing well because of the gold prices but again these are still stocks.

I am talking about physical gold. Physical gold will mean gold coins or gold bars in your safe deposit or a bank locker. Think about it as money in your account. If in any case the stock market plunges or the real estate market crashes you will have these bars or coins which you can sell and get a lot of money.

After the stock market crisis in 2008 the world and a lot of investors have realized the importance of investing in gold and that is 10-20% of your investments should be.

This you should realize has no relation to the current price of gold. You are buying simply not for price appreciation but for the sheer safety that the physical gold provides.

Now on the other hand if you are investing in gold because of the fact that gold spices have shot up then you better be careful the major Bull Run in gold started in 2001 and right now the gold prices have peaked. You are not going to see the returns which you saw when you invested in gold in 2001.

Even then I can say that you will see an upward trend and may be even able to beat a lot of stocks performance just because of the sheer demand and supply gap.

Now investing in gold is simple but just because it seems too easy you should blindly start buying gold coins or bars. There are a lot of do’s and don’ts before you can invest in gold so make sure that you know those before investing.

Investing in gold

admin — Wed, 09 Sep 2009 01:45:06 +0000

Investing in gold is a safe best against the entire economic, political and social crisis. Even in today’s world the currency devaluation and inflation can play havoc with your investments and hence the gold can be a relatively safe bet in today’s world.

Gold was established as the standard among the economies after the 1946 Breton woods conference but since then gold has itself established itself as a way people safe hoard their investment. If everything else fails they will have gold to hold onto.

Well the price of gold is again a factor of demand and supply. The emerging economies of India and China are fuelling demand with rising middle class buying gold for wearing like in jewelry and also investing in gold. The supply side is weak with very less gold mines available all over the world. In 70’s and 80’s gold was never an object of interest as far as investing is concerned but in recent years the emerging economies surge in gold demand has meant that gold prices have shot through the roof. The gold has become a hot property and all investors are flocking to invest in gold.

The reason we are talking about gold in our blog here is the fact that gold as a diversification asset is much more important.

The reason that every stock market investor should have gold investment in some form or the other is based on the fact that the gold prices generally are immune to all the factors which can shake the stock markets. So in effect if your stock market portfolio investments are going down chances are that gold will provide a good positive effect and even a growth effect to.

Gold Investing

With all the world markets and the currency markets now interlinked so to speak the value of the dollar going down always looms large. Emerging economies like China and the huge trade surpluses have means that dollar is no longer immune to having a weak streak. So if you want to avoid the dollar shock then investing in gold becomes imperative.

The gold Bull Run as suggested by gold analysts began in the year 2001 and it is expected to continue though a lot of people are suggesting that it is a good time to invest in gold stocks as well as physical gold as the premiums as are normal as opposed to very high.

Invest carefully in gold and that will mean you need to know all about Maple leafs, Krugerrand’s and American Eagle. Wait for more on gold.