How to Own Physical Gold

Why must you own physical gold to secure your personal wealth? The United States government has authorised the Federal Reserve to print billions of paper dollars to bail out failed banks and mortgage lenders. The sad fact is that the spending power of your savings is going down fast and it is up to you to preserve your personal wealth in the turbulent times to come.

Some think it a strange question but money isn't what most belive it to be. Paper (or actually a special cotton) is just that - paper. Since the 1970's it has not been backed by anything and is known as fiat currency. Some think it is backed by oil but in fact, money is debt. It is created by banks out of thin air from nothing. When someone accepts a loan or mortgage from a bank the money is just created and miraculously they now treat the loan as an asset and now use that asset as justification for lending more to other customers. It is called Fractional Reserve Banking and is the root of all the financial mess we are now experiencing.



Then there is gold. For thousands of years gold has been regarded as wealth because of it's rarity and it's durability. It is unlikely that it's appeal will change.

You can of course just go to your nearest jeweller's shop and buy some gold rings but unfortunately that will do little to preserve your wealth. The mark-up on these items is often excessive.



Thankfully there is an alternative.

BullionVault

BullionVault is a secure on-line gold purchasing site that allows you to buy and sell physical gold in quantities down to one gram. Purchased gold is held in your name and under your control in secure vaults in either London, New York or Zurich.

BullionVault is available to investors large and small. The minimum purchase is only one gram and you can buy your gold in either US dollars, British pounds or Euros. You can also buy the gold and store it in any of the three vault locations, London, New York or Zurich.

The difference between the buying and selling price is typically 0.4%. This is about one-tenth of the equivalent cost charged to private customers for gold coins and small bars.

Your gold remains your outright property, stored in specialist facilities reserved exclusively for BullionVault clients and run by accredited professional vault operators who are wholly independent of BullionVault.

The greatest concern for all gold investors is the security of their deposits. BullionVault have a detailed explanation of their excellent security arrangements on their FAQ pages but, as their summary says:

"Taking the BullionVault commitment to record keeping transparency, together with the burglar alarm, the integrity of our vaults, our insurance arrangements, the single route out for your money, the offshore storage capability, rapid transferability, and other elements of our security features, we believe we have produced the safest environment on Earth for our customers to store their gold."

BullionVault is the only gold market in the world which stays open 24 hours a day, 7 days a week.

BullionVault's system is easy to learn and use and what is more, when you open an account you will receive one gram of pure gold free to trade with. You can use this gold to practice with. Sell it in Zurich and buy in New York. If you decide to fund your account then you get to keep the gram of free gold to add to any that you purchase yourself. At last owning physical gold is not only for the super rich.