Gold Money allows you to hold gold as long as you like at a very inexpensive price and then when you need to convert it to cash, you can easily do so with simple instructions to have as many of the gold grams you hold into U.S. dollars, Canadian dollars, British pounds or Euros. In fact, my friend James Turk and his company owns a patent to use the Internet as a gold money payment system. I have found this method of owning gold to be as inexpensive and reasonable a way there is for all but the smaller gold holdings. The cost of buying and selling gold is about as competitive as any place you will find and the chart to your "holding" is between 0.15-0.18% per annum. The fee to take physical possession of the gold is between 2.75-4%.
GoldMoney's main office is located in Jersey, British Channel Islands, a British crown dependency situated in the English Channel near the north-western tip of France. Website and database servers, also located in Jersey, are housed in a secure, state-of-the-art data center. Foreshore provides computer server hosting services for GoldMoney in Jersey. Foreshore is a leading IT systems integrator with extensive technical expertise and experience, providing around-the-clock management of servers for global companies. VIA MAT International provides secure storage at its vault in London and Zurich for the precious metals held and owned by GoldMoney users. VIA MAT is part of Mat Securitas Express AG, of Switzerland, one of Europe's largest and oldest armored transport and storage companies. Andium Trust Company Limited is the metal administrator who verifies and approves all increases and decreases of precious metals in GoldMoney's database. Regular audits are made of the gold and an audit certificate is posted at GoldMoney.
This page was last modified on August 02 2012