Many people who are researching gold ownership as a secure and long-term investment often have two questions – what is the best and cheapest way to buy my gold and where is the safest place to store my gold? While there are many ways to both buy and store gold, some options are safer than others.
Due to modern technology there are many ways to safely and cheaply purchase gold and this precious metal is another product that has been made purchasable through various websites. Goldmoney.com is one of many pioneering websites that has found a cheap, safe, and easy way to purchase gold.
Goldmoney is licensed and regulated by the Jersey Financial Services Commission (JFSC) as a money services business. Its financial statements are prepared according to International Financial Reporting Standards (IFRS), ISAE and audited by Deloitte. Our parent company GoldMoney Inc. is listed on the Toronto Stock Exchange.
In 2001 Godmoney was founded by James Turk, an international banker with 40 years’ experience in the financial services industry. Goldmoney also offers other precious metals for purchase and goes on to say this about its company:
In 2001, Goldmoney pioneered the concept of a Holding account denominated in fully reserved, allocated, and physical precious metals. Goldmoney continues to be the only regulated investment firm of its kind offering fully reserved and redeemable access to physical allocated metals
After purchasing gold the next pivotal question is where to safely and securely store the gold. Banks are one of many choices where an individual may store gold. Banks offer two options of where an individual may store his/her gold which are safety deposit boxes and inside the bank’s vault. Safety deposit boxes are reserved for the individual use of one customer, so your investment is kept private. A bank’s vault is used by other individuals as well who are also looking for a secure place to store their valuables and is considered the safer option of the two. Many individuals also will store their gold in precious metal depositories. These depositories often have the capacity to house larger collections of gold in climate and moisture controlled environments. However, a third option is to store your gold directly where you purchased it. Goldmoney not only offers the option to purchase gold but will also store the precious metal at one of their insured high security vaults in one of five different countries due to it’s partnership with BRINKS.
While the options of where to buy and store gold vary, some prove cheaper and safer than others. Are you interested in learning more about gold ownership? More than one million users in 150 countries spend, save, and even earn in real gold using Goldmoney.
My objective is to share with you my views on gold, which in recent decades has become one of the world’s most misunderstood asset classes. This low level of knowledge about gold creates a wonderful opportunity and competitive edge to everyone who truly understands gold and money.
