GoldMoney is no longer and option for Dutch citizens (resident) to buy and store gold. Due to Netherlands regulators wanting to subject GoldMoney to their regulatory power, GoldMoney is closing accounts for all Dutch residents.
This is unfortunate and just another way that governments interfere on behalf of their residents instead of serving them.
Sure, it sounds good; we will protect you. But in reality, what if some 150 or more countries all wanted to regulate GoldMoney? Not only could they not afford the compliance nightmare but in the end the conflicting regulations would likely make them simply shut down anyway.
From what I can tell, BullionVault is still an option for Dutch citizens resident in the Netherlands. Until that company shows up on the regulator’s radar, anyway.
Having financial assets, especially gold and silver, stored in a jurisdiction other than the one you live in makes more sense than ever. GoldMoney and BullionVault are two excellent options for MOST global citizens.
