I’ve talked before about how solid of an investment Gold can be. I’ve also pointed out a nifty place where you can buy gold at goldmoney.com.
Well, here’s another nifty place. BullionVault.com. It works on pretty much the same principle of GoldMoney.com. You buy and trade on gold that you own, but is stored in a safe at one of three lloyds strongholds. Bullionvault takes a small percentage(0.08%) commission on each transaction and charges $4 a month for accounts with less than $40,000 in gold.
If you’ve got the money and you’re interested in gold investment, give GoldMoney.com and BullionVault.com a look.
[tags]gold, gold investing, gold investment, invest in gold, bullionvault.com,goldmoney.com[/tags]
{ 3 comments… read them below or add one }
Wow, thanks for the tip. I just checked out the trading spread at bullion vault and was pleasantly surprised. It’s certainly better than some brick-and-mortar options out there.
However, I recommend using a brokerage account and trading the GLD ETF. The spread is even less and it should be far more liquid.
Right….the only time I’ve been
flat-out swindled was with one of
these ‘buy precious metals and let us
store it for you’ deals. I’m NOT saying
this operation is like that, but for ME
there is just no way security is
sufficient for me to buy. Get a safe
deposit box and buy bullion coins, just
my opinion…..
We agree with you to a point, however we prefer to invest in gold mining stocks as they offer a greater possibility of leverage to the gold price.