Why shouldnt you invest in canadian gold stocks opposed to usa gold stocks?
Question:
Answer:
why would you not of picked that as your best answer? Its been 3 dang months?
It's a choice you can make. Please note however, that most big Canadian companies, such as Placer Dome, are "dual listed" both in Canada and the United States. You can check on Yahoo finance and compare PDG (US listing) to PDG.TO (Canadian listing). Two things are important, though. You will note that the US listing is twice more active than its Canadian equivalent: which means that there is more liquidity, which in turn mostly means less of a chance of unexpected price action. Second thing to take in consideration is that if you buy in Canada, you will have to pay in Canadian dollars, and of course as a retail investor you have no access to the best exchange rates. Therefore, it is likely that everything else being equal, you would end up paying more for buying the stock in Canada than you would in the US if you are a US resident, and vice-versa
More Questions & Answers...