BullionVault reported higher profits amid a doubling of business with customers who seek to buy and store gold, typically overseas, to protect against financial crisis and desperate politicians. The company was established just 5 years go and now holds gold and silver bullion totaling some US$1.5 billion for over 33,000 customers. Years ago investors complained […]
Offshore Gold Storage: Country Risk Evaluated
If you are going to look into offshore gold storage then you want to take into consideration several factors but certainly one of the most important is the country risk associated with where the gold will be stored. Now, if you are going to open an account with BullionVault or GoldMoney, you will have some […]
Richard Russell: Watching The Price Of Gold Is A Waste Of Time
Today’s action in the gold price is further testimony to the wisdom of octogenarian investment newsletter writer Richard Russell. While gold dropped to $1685 in early trading, an hour later it has already recovered over $20 of that drop. Here is what Richard Russell had to say recently: “Gold-lovers are obsessed with the daily price […]
BullionVault: The Importance Of Principal Versus Agent
The effect of BullionVault’s instantaneous settlement on dealing spreads Buying Gold Another Reason We Like BullionVault A problem in many modern financial trading environments is that you are trading directly with the opposing principal to your trade. Your opposing principal is whomever is selling when you are buying, and buying when you are selling. An […]
Why Gold Will Go To $11,000
For years we have been telling friends, relatives and anyone who would listen (which, unfortunately, is hardly anyone) to buy Gold and Silver to help protect their wealth, well being and family’s future. The question they always ask is “why buy Gold?”. One of the best answers has been eloquently stated by James Turk of […]
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