What is the value of Gold? (AU)

I work in both Canadian Dollars and US Dollars, so these charts are the best for me. If you click on them, it will take you to the sponsor site where they have lots more info on other precious metals and other currencies. Note: I've been told that, since I have Gold near the top of my list I must be one of those that is opposed to paper money. But that would be an incorrect assumption. It is here because it is convenient for me, and maybe for you, that is all. Don't read more into it.

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Interested in purchasing gold - the physical item, for the going price? Normally you have to pay a significant premium to take physical possession. However, if you are interested in purchasing with cash, from time to time there is the opportunity to buy the physical gold in the Calgary area for the going rate as posted above. Imagine - owining the physical gold for the same price as owning a piece of paper that claims you own gold. This is much safer (in my opinion) than owning the paper for a variety of reasons. For example, a company "crowne gold" (they have a .com web site) talks about why you should own the real item. What is interesting, is they claim they physically hold the real item for you, but a report I received in April 2006 - a company that owned some of that physical gold couldn't get their money out in cash because crowne gold didn't sell the gold when they were requested, and the price of gold collapsed temporarily, so the company had to wait until the gold prices returned before they could get their cash out. If you own the physical gold - you know that you are secure and can sell it any time you want! Of course you then need to provide physical security for it, so think that through carefully as well. As for me - I admit, I don't have any physical gold to speak of - my wedding ring wore through in a few years so we got matching silver bands. I choose instead to go with 2 ideas: 1. I invest mostly in myself and 2. invest in a variety of things so if one or two or 10 go down, the others are hopefully going to balance it out over time. But if I *did* invest in gold to any large degree, I would likely find some way to go with the physical gold, or maybe just invest in a bunch of gold mines, I don't know!