Canadian Maple Leaf Gold Coin
Canadian Maple Leaf Gold Coin
The Canadian Maple Leaf Gold Coin is a fantastic investment today.The maple leaf is minted by the Royal Canadian Mint and is the countries official gold coin. The great thing about the Canadian maple leaf gold coin is that it is one of the purest gold coins in the world. It was in 1979 that the Canadian maple leaf was first minted. At that time the only other coin was the Krugerrand.
In 1982 the coin was changed from .999 to .9999, vertually pure gold.Because the coin was so pure they started getting handling marks, but it is still in hight investor demand.
With all thats going on in todays economy the Canadian maple leaf gold coin is still the investor main choice of precious metal. Due to the high gold content the coin has a very light yellow colour and great markings.
A big mistake of investors is thinking they don’t need to buy physical gold. It is ok to buy EFT’s or the mining stocks but it is more important to have a physical hold first. Keep your asset out of the financial turmoil by buying the physical metal first.
In recent news, the UK government are clearly in trouble aswel having to create an extra 25.5 billion pounds to help the RBS bank. This now makes the RBS the largest bailout in the world, the UK spending 45.5 billion pounds.
India have also just purchased another 200 tons of gold from the International Monatary Fund. China have also bought another huge amount increasing their holdings another 10%. Now is a fantastic time to buy, it maks it an easy decition when The main growth countries are buying.
The fundamentals for gold have never looked better. Even though today gold is hitting new highs it is still, compared to the last bull market of the 70-80′s has a lot more to go. Adjusting for the recent money creation gold should be over ,000. Great news for investors. There is a fantastic chance to increase your wealth for the people who read these types of articles and take action. The Canadian maple leaf gold coin is a fantastic asset to have.
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