The market trends for gold state the obvious: gold is a powerhouse commodity on world markets and it is showing no signs of weakening.
With the global appeal and ability to withstand waves of economic uncertainty, everyone wants a piece of the golden pie. Some people are turning to Goldmoney Holdings to buy and sell gold and other precious metals.
Goldmoney is leading the way in offering gold to purchasers in a way that never existed before—a safe online platform that enables customers to buy, sell, and make purchases or payments with gold.
Have you ever purchased gold online before? Looking to find out more about Goldmoney?
Keep reading for a detailed Goldmoney guide and some Goldmoney tips that will give you the information you need to make the leap into buying gold.
What Is Goldmoney?
Goldmoney is a holding company that allows clients to buy and sell gold, build long-term savings, and even make daily transactions over the internet using a user-friendly platform. Goldmoney does not only deal in gold—it also offers other precious metals such as silver, platinum, and palladium.
Once purchased online, the allocated precious metals are fully insured and placed in one of 15 vault facilities located in seven different vault companies around the world.
Goldmoney safeguards nearly $3 billion in assets for clients from 125 different countries. Because it’s a publicly listed corporation on the Toronto Stock Exchange (TSX:XAU), the holding offers complete oversight and financial transparency.
Why Invest in Gold?
Gold has been a sought-after precious metal for thousands of years. Since its discovery, gold has been prized around the world, and even today it continues to be a powerful commodity. There are several reasons for today’s investors to consider gold an important part of their investment portfolios.
To beat inflation:As inflation rises and the value of the dollar decreases, the price per ounce of gold will rise as a result, making it a wise investment in times of economic uncertainty.
As a portfolio stabilizer: Gold is typically immune to the economic factors that affect other investment sectors. It’s an effective way to diversify an investment portfolio.
Easy liquidity: When compared to bonds and stocks, gold is easy to liquidate. In troubled economic times, this can act as a safety net.
No shortage of buyers: Unlike currency which can be printed, gold is a scarce asset, so the demand for it is high. There will always be a market for buying and selling gold.
A path to wealth: Gold is one of the most stable assets you can own and offers a valuable base upon which to build wealth.
What Are the Benefits of Goldmoney?
Some people turn to ETFs or crypto companies like Paxos to purchase gold. But Goldmoney offers people a unique platform to incorporate gold and other precious metals into their portfolios. But what exactly are the benefits of investing with them?
Fully allocated bullion: The chosen bullion (bulk quantities of metal) is fully allocated in the name of the purchaser. Investors are given complete ownership of the metals and can take physical possession at any time.
Insured and secure storage: Goldmoney offers secure and insured storage at many vaults around the world. Customers choose the vault of their preference.
Easy online access: What sets Goldmoney apart is that they offer access to services and the ability to make transactions from their website, via mobile phone or desktop. This includes the ability to buy and sell quickly, but also to make payments and other transactions with the value in your account.
Various ownership plans: Goldmoney offers the purchase of gold to individuals, but also to joint owners, families, trusts, corporations and other institutions.
Retirement accounts: To help clients plan for the future and build balanced portfolios, Goldmoney also offers retirement accounts, depending on the country you live in.
Customer Service: With the assignment of a Relationship Manager, Goldmoney offers personalized client services with the goal of helping you reach your investment goals and answering your questions.
How Does It Work?
Signing up for Goldmoney is a simple process. If you are ready to begin your precious metal investment, these are the steps you must follow:
1. Sign up for a Goldmoney holding account at www.goldmoney.com.
2. Transfer funds to your account.
3. Buy the metals you wish to purchase.
4. Choose the vault location you prefer.
5. Return regularly to the online platform to buy, sell, make and receive payments, or convert your gold into other currencies.
Is Buying Gold Risky?
Every investment you make involves a certain level of risk. But gold has proven itself to be one of the safest investments you can make, both in the short and long-term. It has shown itself to be a stable investment even during otherwise turbulent economic times.
How Safe Is the Gold I Buy Through Goldmoney?
Goldmoney offers many safeguards for the purchase and storage of your precious metals. The gold is fully allocated to you when you complete your purchase transaction. Held at the insured, independent vaults in one of seven countries, your gold is always protected. And, Goldmoney clients with registered bars can inspect their metals at the vault in which it is stored.
Are There Any Extra Fees I Should Be Aware Of?
As with most investment accounts, there are some additional costs associated with them. However, Goldmoney takes pride in being fully transparent about these fees and costs. They are in line with the charges of other similar holding companies.
Can I Withdraw Funds at Any Time?
Yes. Accessing funds from your account is a simple process. Keep in mind, that you may have to sell some of your metal in order to have a cash balance that can be withdrawn. Once logged into your account, you have a few withdrawal options.
A Golden Opportunity
Goldmoney is an innovative platform offering an easy way to purchase gold that helps us build a well-balanced portfolio. The above Goldmoney review breaks down the details of what services it provides and how it fits into today’s modern and innovative world of investing. It’s a world that most definitely includes some gold.
For more information about investing in gold, crypto, and other financial market information, check out our blog.