Investment Advantages of Placer Gold Mining

class="statcounter">

Placer gold mining has a number of advantages for investors. Some of these advantages are as follows:

    * You can control the amount of income you generate while accumulating assets. Gold from production can be inventoried; it does not come into income until it is sold. Gold sales can be made when it is advantageous to do so.

    * All production costs and exploration expenses can be written off against income.

    * The Yukon Territorial Government has the Yukon Mineral Exploration Tax Credit, a refundable corporate and personal income tax credit of 22% of eligible mineral exploration expenditures.

    * Royalties on gold production paid to the Canadian government are very low, approximately 40 cents per ounce of gold produced. The royalty rate is 22%, based on gold valued at $15 per ounce, the value of gold at the time of the Klondike Gold Rush in 1898. .

    * Canadian laws do not restrict the export of gold.

    * You do not have to be a Canadian citizen to own placer claims in the Yukon, or to mine them.

    * Placer gold mining is less capital intensive than hard rock gold mining. It is feasible for individuals and small companies to own a producing placer gold mine.

    * Placer mining can be implemented on any scale - the size of the operation can be tailored to the size of the investment funds available.

    * Because the gold price has bottomed out, there is little downside risk in investing in placer gold mining. It is very unlikely that physical gold and gold producing properties will diminish in value.

    * Gold is a hard asset - a prudent way to hold some of your wealth in uncertain times. For current the gold price, see http://www.kitco.com/nygold.asp

Investment Advantages of Placer Gold Mining

Gold has been a safe store of value for thousands of years, and is considered by many to be a prudent way to hold wealth. Placer gold which you mine can be inventoried and comes into income only when it is sold.

About the Gold

How to Order

Contact

A Sampling

Earrings & Rings

Chains, Pendants & Bracelets

Fortymile Gold Workshop/Studio

Home