Quickest and easiest ways to buy gold online today

Gold bullion is an excellent hedge against the instability of financial markets, political unpredictability, currency devaluation, and economic collapse. Trade between investment-grade bullion and various cryptocurrencies, and vice versa. Gold is a way to preserve the gains made from crypto without having to deal with banks or fiat currency. Crypto can bring about large gains. You will have simple access to gold bullion that is professionally vaulted and fully insured thanks to Vaultoro.

Gold.

Because there is no counterparty risk associated with gold transactions, it can be used to protect one’s purchasing power over the long term in the face of inflation or the devaluation of currency.

Investing in gold and silver through the purchase of physical bullion is the most secure and straightforward method. A trustworthy bullion dealer or exchange is where you should go to make a hassle-free and quick purchase of gold and silver bullion.

Gold can be purchased and acquired in a variety of different ways. Coins and smaller bars are a common but expensive method for accomplishing this goal. The price of the coin is just one component of the overall cost of the coin.

Consider the amount of money that you will get back when you sell the item. You should also factor in the price of shipping and insurance for any bullion bars or coins that you keep at home.

It’s not a bad idea to keep some physical gold and silver coins stashed away at home in case of an unexpected emergency.

When you reach a certain threshold, however, it is no longer prudent to keep actual gold and silver in your residence due to the inherent risk that this poses.

If you want to increase the amount of gold and silver you own, it is best to keep it stored away from your home in secure vaults staffed by trained professionals.

This can come with recurring fees, but historically, the price of gold and silver has typically increased at a rate that is significantly faster than the fees associated with their storage.

To quickly and easily acquire gold and silver, purchasing wholesale bullion that is stored in a vault that has been approved by the market is the most secure, cost-effective, and convenient method.

The following are some recommendations for gold and silver services available online:

BullionVault.

You are able to purchase gold in an easy, safe, and affordable manner through BullionVault.

You are able to purchase gold in increments of one gramme, which are contained within LBMA-approved wholesale bars.

You are charged prices that are more comparable to those found on the wholesale market.

There is neither VAT nor Sales Tax.

There are no fees for delivery.

Your precious metals, including gold, silver, and platinum, are kept in secure vaults, the location of which you select.

Using a professional vault will result in the lowest possible insurance and storage fees.

You can buy and sell at any time, day or night, and your funds will appear in your account instantly, ready to be withdrawn.

Users in the UK can use their debit card to make their first purchase of up to £5,000.

5-star rating and reviews on TrustPilot.

BullionVault is responsible for managing $3 billion worth of client assets on behalf of over 95,000 users.

BullionStar.

When you use BullionStar, you will always have complete online control over your vaulted bullion. At any time, you are free to buy, sell, or withdraw your funds.

The vault storage service offered by BullionStar is a complete solution for buying, selling, and storing bullion in one convenient location. You have complete control over your vaulted bullion at all times, including through online access.

The vault that BullionStar uses is made of steel bar reinforced concrete and is equipped with security and surveillance features that are among the most advanced in the industry. The safe deposit box is an integral part of their retail store, which can be found in the heart of Singapore.

Maintain a balance of cash as well as bullion in your account! Because of this, you are free to enter and exit positions whenever it is most convenient for you.

BullionStar provides customers with a total of five distinct auditing options to choose from in order to confirm the existence of their bullion and ensure that it is accounted for accurately.

Through a straightforward user interface, customers can buy, sell, and withdraw bullion around the clock online.

The bullion is protected against any and all risks and its replacement value is fully insured.

GoldBroker.

Gold and silver in their physical form (high-quality bullion bars and coins).

Safekeeping of financial records outside of the banking system.

Direct ownership and control (without intermediation).

Ownership certificate that was issued in your own name by a third party that was not affiliated with you.

Access to the vaults on a direct and personal level.

Insurance for precious metals and stones.

Buyback programme.

Provider of shipping services

Vaultoro. Buy gold with Crypto.

You can trade precious metals like gold and silver using cryptocurrencies like Bitcoin, Ethereum, and others.

You are able to trade cryptocurrencies for investment-grade bullion and vice versa using Vaultoro.

Gold is a way to preserve the gains made from crypto without having to deal with banks or fiat currency. Crypto can bring about large gains. You will have simple access to gold bullion that is professionally vaulted and fully insured thanks to Vaultoro.

The gold is stored in your name as your legal property in top-tier vaulting facilities in Switzerland. These facilities are fully insured and have been audited by one of the largest auditors in the world, BDO.

Rare metals and rare cryptocurrencies that are held privately are the ideal diversification asset for getting away from the opaque global banking system.

Vaultoro gives you the ability to save money without using fractional reserves and without having to worry about your money being used for speculative purposes by banks.

Your savings are stored as physical LBMA gold bullion in a top-tier vault, and they are waiting for you to convert them back into cryptocurrency whenever you require it.

For centuries, shrewd investors have been aware of the significance of gold as an integral component of a portfolio that is well balanced. In addition to providing investors with the opportunity to diversify their wealth, gold is widely recognised as a haven for investors that provides the highest possible level of insurance and protection against turbulent economic times.

What are some of the similarities between Scrooge McDuck and King Midas? To give you a hint, the portfolio is not very well diversified. Having gold in your possession may seem like a cool thing to do and may even be seen as the responsible thing to do during a downturn in the stock market; however, investing in gold comes with its own set of unique challenges and does not always turn out the way one might expect it to.

Is purchasing gold a wise financial move?

When there is a significant decline in the stock market, the price of gold typically goes up, lending credence to the notion that gold is a prudent investment choice during economic downturns. However, according to Deaton Smith, who is a certified financial planner and the founder of Thayer Financial in Hickory, North Carolina, that is not the entire picture. The general consensus is that it is a safer investment than equities; however, the price valuations over the long term simply haven’t been there yet.

The Dow Jones Industrial Average, which is a good representation of the overall stock market, has significantly outperformed gold when looking at longer time horizons, such as the past 30 years. This is because the Dow Jones Industrial Average has a lower volatility than gold. Investing in physical gold, on the other hand, can involve a lot of unexpected costs and considerations, such as insurance and safe storage, in contrast to the volatility of the stock market.

Gold does not produce cash flow like other assets do, so it should be added to your investment mix in a limited quantity and with caution. Adding gold to your portfolio can help you diversify your assets, which can help you better weather a recession. However, gold should be added to your portfolio in a limited quantity only.

  1. Physical gold

When most people think of buying gold, the first thing that comes to mind is physical gold bars, which are also known as “bullion.” Gold in the form of bars and coins, hunks of pure gold, and jewellery are the types of valuables that can be found in treasure chests and during bank robberies. And despite the fact that it could be the most exciting way to invest in gold, it also presents the greatest challenges when it comes to purchasing, storing, and selling the precious metal.

A word about gold jewellery: despite the fact that jewellery may occasionally increase in value over the course of time, valuating it can be difficult, and there is no assurance that you will be able to sell a piece for more than you paid for it initially. According to Smith, a significant number of customers who buy jewellery later decide they want to resell it to the company. The resale value of jewellery is not even close to what you’re paying for it because the jeweller adds a significant markup to the price.

  1. Gold stocks

Buying stock in a gold mining company carries the same level of risk as buying stock in any other individual company; however, doing so grants you complete discretion over the businesses in which you choose to invest your money. For instance, some investors might choose to put their money into a gold mining company that has a strong environmental responsibility culture rather than one that does not have such a culture. Even though owning stocks won’t give you the ability to physically hold gold in your hand, it will give you the benefit of having an asset that you can sell whenever you like. Educate yourself on the subject of stocks.

  1. Gold funds

If you invest in gold mutual funds, it means that you own shares in multiple gold-related assets, such as many companies that mine or process gold. However, you do not own the actual gold or individual stocks yourself because you are investing in gold mutual funds. Investing in gold through exchange-traded funds (ETFs) or mutual funds provides a higher level of diversification than buying a single stock does and provides more liquidity than owning physical gold. Both exchange-traded funds (ETFs) and mutual funds have certain legal protections built into them. Be aware that certain funds will have management fees deducted from your investment. Educate yourself on exchange-traded funds as well as mutual funds.

  1. Gold futures

A futures contract on gold is an agreement to buy or sell a predetermined quantity of gold at a point in time in the future. The actual contract is what is being traded when using an exchange. Gold futures are more liquid than physical gold, and there are no management fees associated with trading them. However, brokerages may charge a trade fee (also known as a commission) per contract that they trade. Keep in mind that trading futures contracts is fraught with peril and is not an option that a novice investor should consider pursuing because of the high level of risk involved. It is possible that the amount of money you lose through these investments will exceed the amount of money you initially invested. Learn more about the various futures.

How to buy gold stocks, mutual funds and ETFs

Getting your portfolio some exposure to gold is often best accomplished through the purchase of gold-related stocks, exchange-traded funds, or mutual funds. You will need a brokerage account in order to buy a gold stock or fund. You can open a brokerage account with an online broker. You will need a brokerage account to buy a gold stock or fund. You will be able to choose the gold-related assets in which you would like to invest and then place an order for those assets on the website of your broker as soon as your account has been funded.

It is important to keep in mind that individual stocks and ETFs are purchased for their share price, which can range anywhere from ten dollars or less to four figures, whereas mutual funds have a minimum investment requirement, which is typically at least one thousand dollars. Gain a deeper understanding of how to invest in stocks and how to invest in mutual funds by reading up on these topics.

Gold investments and diversification

Gold investments offer a number of advantages, one of which is the ability to help diversify a portfolio. Investing in a variety of different assets across a range of different markets, company sizes, and geographical areas is what is meant by the term “diversification.” You can gain exposure to the gold industry by purchasing shares of a gold mining company or investing in a gold exchange-traded fund (ETF). Additionally, given that gold prices do not always move in tandem with those of the stock market, this can help further diversify your holdings. Obviously, if your entire investment portfolio consists of gold holdings, it will not be diversified in any way if this is the case.

How to buy physical gold

The following is some information to keep in mind if you come to the conclusion that purchasing gold in its physical form is the best course of action for you.

  1. Find a reputable dealer.

The process of buying and selling gold can be fraught with peril, as it often involves dealing with pushy salespeople and the possibility of falling prey to scams. The value of the seller’s product can be inflated, or the seller can use various methods of persuasion to instill a sense of urgency in the buyer to make a purchase right away.

Doing your research before making an investment can help you avoid making a poor choice. To conduct a background check on a company or an individual, you can use the Background Affiliation Status Information Center that is provided by the National Futures Association.

  1. Watch out for fees.

The “spot price” of gold, also known as the price at which gold trades on a commodities exchange, is typically higher than the price that gold dealers charge. In most cases, this premium is made up of a dealer’s fee in addition to charges for manufacturing and distribution.

  1. Find secure storage.

There’s a reason why people make jokes about burying gold: it’s valuable, and the fact that it’s a physical commodity means that people might try to steal it. It is essential to plan ahead for the storage of your gold in a secure location, whether that be a physical safe or a safety deposit box at a financial institution. Keeping gold in a secure location can come at a high cost. The annual cost of a safety deposit box at a bank can range anywhere from thirty dollars to several hundred dollars, depending on its size.

  1. Consider purchasing insurance.

Having physical gold comes with additional expenses, one of which is insurance. If you decide to purchase insurance, you should check that the policy covers the specific kind of asset you own.

  1. Know your investment is illiquid.

It might be difficult to resell physical gold, in contrast to gold stocks and gold funds. Pawnshops are not known for their fair pricing, and if you sell your gold back to a dealer, you will most likely sell for an amount that is lower than the gold’s spot price. Pawnshops are not known for their fair pricing.

You have the option to purchase gold, but should you?

Gold may not always be the safe investment that you have been led to believe it is thanks to movies and TV shows, despite the fact that its allure has endured for centuries.

Smith says that he recommends to all of his customers that they do not make any investments in gold. “An investment in gold is risky because it has a very poor track record of performance over the long term. When it comes to incorporating gold into a portfolio, buying gold in the form of a tradable security is a much simpler and more cost-effective option. This is especially true for individuals who are still interested in making gold purchases.

However, despite the fact that he makes it abundantly clear that he does not believe investing in gold to be a wise decision, Smith does acknowledge the allure that the physical metal can have. “There’s something soothing about being able to put your hands on the things you’ve worked so hard to acquire. If you own stock in Johnson & Johnson, you are not eligible for that benefit.

This is the opinion of Greg Young, a Certified Financial Planner and the founder of Ahead Full Wealth Management in North Kingstown, Rhode Island. He claims that people like gold because it is straightforward and simple to comprehend. However, whenever someone is adamant about possessing a particular asset, there is an underlying emotional rationale for doing so.

Fear of the ups and downs of the stock market is a common example of this feeling. However, the fact that gold is a tangible commodity does not automatically make it a superior investment choice. If you find that the movements of the stock market are giving you anxiety, it can help to take a long-term perspective and to keep in mind that volatility in the market is normal. Instead of rushing out to buy gold bars, the best thing you can do for your portfolio is to stick to your investment plan and not make any rash decisions.

10 Tips for Buying Gold

One of those errors was simply the failure to listen to the advice of those with more experience. In today’s world, I put in a lot of effort to not only go to the professionals and pay them for the real value of their expertise and services, but I also try my best to curate the information that I obtain from my network so that I can pass it on to people like you.

My good friend Claudio Grass, who is very knowledgeable about the gold industry, recently provided me with a condensed version of his top ten pieces of advice for purchasing gold. Due to the fact that I am aware of the vast amount of information that he possesses, I asked him to participate in an interview with me so that we could produce an expanded version of the aforementioned list.

His insights into the world of gold did not fail to impress in any way. A number of years ago, Claudio established a precious metals business known as Global Gold. The company’s primary focus was on the buying, selling, and storing of physical gold in accordance with Swiss law. After working in the industry for six years, he decided to leave the company in order to focus on promoting Switzerland as the ideal location for the storage of physical money.

As a result of his many years of experience, he has established influential connections with the most reputable gold companies in Switzerland and Liechtenstein. A good number of these firms were among his most formidable rivals in the past. As a gold consultant, he is now in the position to be able to direct customers to the appropriate businesses, assisting them in the development of individualized strategies to buy actual gold and keep it in the appropriate jurisdictions so as to safeguard their gold investments outside of the banking system.

Here are the top ten suggestions that Claudio has for purchasing gold:

  1. Only Physical Gold and Silver

Anyone interested in gold and silver needs to be aware that its primary use is in the form of money. Gold has served as a medium of exchange for the past 5,000 years. It wasn’t until 1971, when President Nixon removed the United States from the gold standard, that the rest of the world started moving toward the fiat system, which uses paper money that is not backed by gold. Before that time, the value of all paper currencies was guaranteed by gold.

People are looking to buy money that is backed by a physical commodity more than ever now that the world’s currencies are no longer backed by gold held by governments. As a result, the paper market for gold has grown tremendously in response to this demand. This is especially easy to see if you take a look at the commodity exchange market, which is known as the COMEX. On this market, they often have more than 500 paper claims for every ounce of physical gold that is regularly available at the COMEX.

Because there are so many people who believe that they own gold on paper, the system has a tremendous amount of leverage. On the other hand, if they want to claim that money, they will quickly discover that there is not enough actual gold available for them to do so. Because of this, if you decide to purchase gold as a hedge against the collapse of the monetary system, you should make sure that you actually possess the precious metal.

Do not purchase it in paper form. You should acquire it in its physical form because even some paper products do not provide an absolute guarantee that you are the owner of gold. You can actually go through the details in their terms and conditions and see that they don’t even tell you if they actually have the physical gold if you buy the largest products that Wall Street has to offer, such as an exchange-traded fund, a GLD, or even an SLD. This is something that you can see if you buy one of these products.

On top of that, you are not permitted to ask for physical delivery, and quite frequently, they have cash settlement clauses. This means that the bank has the ability to pay you out in cash rather than physical metals in the event of a severe financial crisis or war. You definitely do not want this to happen at all.

Therefore, if you have faith in gold and want to keep some of it in reserve as a form of insurance or to save money over a significant amount of time, you should ensure that the gold is in physical form and that you own it. Also, make sure that you receive the specific information regarding the items that you own, such as the numbers on the gold bars, the hallmarks, and so on. This does not include gold jewelry, but rather gold bars that are suitable for investment.

  1. You have to have full and unencumbered ownership of it in your own name.

According to a well-known proverb, “If you cannot hold your gold, you do not own it.”

This is an essential point to grasp, particularly in light of the fact that the typical person on the street doesn’t have all that much money to put toward gold investments.

If this describes your circumstances, you should consider purchasing gold in the form of small coins and keeping them in a secure location close to your home. This will allow you easy access to your gold reserves in the event that a severe emergency arises.

If you have more money and you really want to invest some of it into physical gold, then it makes sense to go into jurisdictions that have strong private property rights. This is especially true if you really want to invest some of your wealth into gold. When it comes to the storage of precious metals in their physical form outside of the conventional banking system, Switzerland and Liechtenstein continue to be the best jurisdictions that can be found in the modern world.

Make sure that you are aware that you are the owner of the gold, that the gold directly belongs to you, and that the company that you are dealing with is unable to pledge it, hedge it, or lease it out whenever you choose a gold storage company. This is an important consideration to keep in mind. This is very important.

  1. Only the Most Liquid Gold Coins and Gold Bars

Your goal is to exchange as much cash for pure gold as you possibly can. The most important thing you need to do is increase the amount of liquid silver and gold you have in your stock. Consequently, it is recommended that you put your money into coins that can be used as legal tender, such as the Canadian Maple Leaf, the Austrian Philharmonic, or the Australian Nugget. The primary reason for this is that in the event of a severe emergency, you do not want to be seen walking around with a kilogramme of gold bar. Just double check that they are a legitimate form of currency and that the cost to produce them is reasonable.

Take, for instance, the scenario in which you purchase a maple leaf from the Canadian mint in order to illustrate this point. When you make a purchase, the price of the actual ounce of gold that you receive should be as comparable as possible to the price of paper gold on the spot market. This is the fundamental method that is used whenever one attempts to calculate the value of an ounce of gold.

Then, on top of that, you are required to pay the fabrication fee (which the dealer is required to pay to the mint in order to get it physically produced), and then you are required to pay a brokerage fee for all of the work that the dealer is required to do in order for you to be able to get it delivered to you in person. All of these fees are in addition to the initial cost.

Whether you buy a gold coin such as the Maple Leaf, the Austrian Philharmonic, or the Australian Nugget (the coins with the lowest payments on the market), if you can buy them directly in a shop or an online store, make sure that you don’t pay more than 5–6%. This is true whether you buy a gold coin such as the Maple Leaf or the Austrian Philharmonic or the Australian Nugget. To a large extent, it is determined by the configuration, but those are the general price ranges. As soon as you reach a point where you are satisfied with the quantity of coins with a lower denomination in your stock, you are free to move on to formats with a higher value.

One word of advice: Do not shop on eBay. If you are able to purchase gold at a price that is lower than the spot price, you should probably avoid doing so. When looking to buy from questionable sources, exercise extreme caution. Make an effort to discover what certificates a dealer in precious metals who also operates a store might possess.

It is also essential to be familiar with the following rule of thumb: the higher the premiums that customers are willing to pay, the smaller the unit. If you buy gold bullion bars or gold bars that weigh one kilo, it will always cost less in terms of a premium over spot than if you buy gold coins that weigh one ounce. This is because gold bars weigh more than one ounce.

What about rare coins and other numismatic items? Before making any significant choices, anyone interested in purchasing rare coins needs to have a comprehensive understanding of the numismatic industry. You have to be familiar with the various coins. The value of numismatics can skyrocket over time. For an old coin, the market may offer two, three, or even four times the price of what is considered to be a standard ounce of gold. You shouldn’t make a purchase if you don’t fully understand what it is that you’re getting. It is necessary for you to have the knowledge, and if you do not possess the knowledge, you should steer clear of this material.

  1. Build Up Liquid Gold Stocks

Gold is a form of financial insurance in addition to being a method of accumulating savings over a more extended period of time. For instance, a person who invested $100,000 in physical gold in 1970 would have been able to purchase close to 1800 ounces of gold given today’s prices for the precious metal. If we were to sell that today, it would bring in $2 million. Even if you bought an ounce of gold in 2004 when it was selling for $500, its value has increased to well over $1900 at this point.

You absolutely must be knowledgeable about what you’re doing if it involves gold in any way. In this scenario, that indicates that you need to have a time horizon for your investments. Do not consider it to be a vehicle for conducting business. Instead, you should make sure that you are purchasing gold and then setting it aside for later use. It’s a part of your insurance plan. It can be used as a depository for value.

It is not possible to create wealth out of thin air. It is not possible at all.

You can continue doing it for a limited amount of time, but eventually you will have to pay off the debt. In 2008, there were 140 trillion dollars worth of credit in the global financial system; as of today, we have almost 258 trillion dollars worth of credit. That is a huge amount. This debt orgy that we have been observing for the past half a century is going to come to an end as well, just like everything else does at some point.

We don’t know exactly when it will end because time moves at such a snail’s pace, but it will. Because of this, you really ought to serve some liquid gold on the side. When a crisis arises, you want to be able to access your gold, but you don’t want to be carrying around a kilogramme of the precious metal. You’ll want to make sure it’s in liquid form.

During the time of the Weimar Republic in Germany, when inflation was at an all-time high, one ounce of gold could buy a house, and one ounce of silver could pay a farmer enough to have chicken for the next four or five weeks. This is a lesson that can be learned from the past. You would be able to use gold for financing larger opportunities and silver for financing smaller things if a situation similar to the one described above were to occur today.

  1. Don’t Use Credit, Buy with Savings

Anyone who is interested in purchasing gold should begin saving money before making any investments. That is the essential element that supports a robust economy. The current economic model is predicated on consumer spending, debt, and credit; this is the antithesis of a robust and robust economy. You won’t be able to buy the antidote to the system if you use the poor behaviors that led to the creation of the system.

When you purchase gold, make sure that you use your savings, set some of it aside, and verify that it is entirely yours. When buying gold, avoid using credit or gambling with your money. There is no way to predict what the market will do, so it is possible that you will have to repay your credit before the price of gold increases. Make good use of your savings. If you want to make money off of your investments in the future, you are going to have to deny yourself some of the things you want right now. This is how a trustworthy system functions.

  1. Store Some Coins Near You

As I was saying earlier, make sure you never find yourself without access to some gold. Whether you choose to store it in a safe at home or bury it in the backyard, the important thing is that you never lose track of where it is. The most important thing is to make sure you have easy access to your gold in case anything bad happens.

However, you shouldn’t keep all of your gold in one place; rather, you should keep only the amount that you need on hand in case of an emergency. You need to make sure that you have insurance that covers you outside of the country. For instance, President Franklin Roosevelt of the United States instituted a gold confiscation policy in 1933. The same thing occurred in Italy under Mussolini’s rule, as well as in Germany under Hitler’s, and in the Soviet Union under Stalin’s.

On the other hand, Switzerland’s franc was the very last currency to be removed from the gold standard. Even during times of conflict, they have always maintained a form of currency that could be traded in for actual gold. In addition, the political leaders in that region lack the authority to seize gold.

Therefore, as a general rule, if you have more than fifty thousand dollars to invest in gold, you should keep it stored in a secure jurisdiction. If it is worth less than that, you should keep it nearby.

  1. Store Some of Your Gold in a Safe Jurisdiction

Because of the problems we’ve covered in the previous sections, you should consider storing some of your gold in a secure jurisdiction in which the influence of politics is restricted.

Because of their seven presidents and their decentralized political system, Switzerland is considered to be one of the safest jurisdictions in the world. This indicates that the states and the municipalities generally have a lot more power to make the rules on their own levels, which can be taken to mean that they have more authority.

The principles of subsidiarity were the cornerstones upon which Switzerland was established. This means that if a municipality in Switzerland is unable to resolve an issue on its own and requires the assistance of the state, then it has the authority to petition the state for assistance. On the other hand, it never works in the other direction. It has to start from the bottom and work its way up.

On the other hand, a centralized system that has one president for all 320 million Americans can make the rules from the top and ignore the people because the president controls the power. Nobody in Switzerland can tell you the president’s name, even if they try. The Swiss people have the final say, and there is no way in hell they would ever agree to a confiscation of their property because they are not that dimwitted. This is a one-of-a-kind system that is not utilized in any of the other countries.

Similar to Switzerland, Liechtenstein has a monarch figure in the form of Prince Hans-Adam II who has the power to veto legislation. However, he is a staunch advocate of the precious metal gold. He was involved with the Center for Austrian Economics and wrote the book, “The State in the Third Millennium.” In the book, he advocates for secession rights down to the level of the municipality, as well as sound money principles such as gold and silver. He was also involved with the Center for Austrian Economics.

In other words, he is an all-around nice guy, he is a traditional liberal, and he is extremely supportive of gold and silver as forms of currency. Because of this factor, Liechtenstein is a jurisdiction that makes perfect sense for the storage of gold.

As a side note, I also reached out to a friend of mine, Joshua Rotbart, in order to obtain additional information regarding secure jurisdictions. As well as being a global authority on the investment potential of precious metals, he is the company’s founder and managing partner at J. Rotbart & Co., which is based in Hong Kong. What he had to say is as follows:

“Over the past few years, we have noticed a pattern of clients who would rather relocate their assets to Asia, particularly to Singapore and Hong Kong. This preference has become increasingly common. The unwelcome attention that Switzerland has received in recent years regarding the legitimacy of their banking system is another factor that contributed to their decision to make this move. Other reasons for their decision include their concern for the stability of the financial system in Europe and how it may affect Switzerland.

Because of Asia’s rapidly expanding storage infrastructure and the region’s robust economic growth, our customers have the impression that purchasing gold bullion coins and storing them there is a secure investment there. In this regard, it is noteworthy to mention the developments in buying gold bullion in Singapore: from the construction of the Singapore Freeport in 2009 to the waiving of the GST on gold investment-grade bullion in 2012, the government in Singapore has been determined to turn itself into the “Asian Switzerland” and attract the international “gold bugs.”

  1. Always Store Outside the Banking System

Gold in its physical form is the remedy for the current monetary system. Credit, paper records, and digital numbers make up the foundation of the modern banking system. The crisis that we are expecting, which will be a significant crisis in the banking industry, is the reason that so many people are buying gold to protect themselves. Therefore, if you decide to purchase actual gold, the safest place to keep it is somewhere other than a bank vault or safe deposit box.

In the context of the banking system, property rights are of a transitory nature. There is always the possibility of a bail-in, during which all assets will undoubtedly be confiscated, and in the past, banks have been known to seize physical gold and cash as part of the process.

There are those who might suggest that you get a safe deposit box; however, the vast majority of the time, these are not covered by insurance. In addition, during times of severe instability in the past, the bank was either closed or did not possess the quantity of gold that they asserted they did.

This issue began in the 1980s when banks began hiring mathematicians to work within the system. These mathematicians argued that the banks did not require all of the gold that they had on hand. They came to the conclusion that the minimum reserve requirement for banks was probably only 25 percent. As a result, banks started to mortgage or even sell 75% of their gold holdings. Some of them put their money into government bonds, which provided them with a return on their investment that was assured. A significant portion of the gold that was stored in the banking system vanished over time.

The moral of the story is that you shouldn’t store your gold in financial institutions. You should not expose yourself to that danger.

  1. Be Compliant with All Laws When Buying Gold

The typical gold investor ought to get their hands on a few coins every time the opportunity presents itself. The majority of people who invest in gold won’t be able to purchase a large quantity of coins all at once, but you can use this to your advantage. It is possible to acquire coins privately if you buy only a few of them each year. This is unquestionably a point in our favour.

You are not required to identify yourself or reveal any personal information in order to make a purchase of a small denomination, and therefore you are able to shop anonymously. And there are no legal repercussions. Increasing your level of protection and discretion by purchasing only a modest quantity at a time. Consequently, the typical buyer has an advantage when making smaller purchases.

However, there are laws that must be followed by individuals who wish to invest in larger quantities of physical gold. If you are in a position to make larger purchases, it is imperative that you comply with the law and that you report them.

To be successful in investing in physical gold, you need to have the right motivation. The wrong motivation would be to purchase gold in order to conceal something, in the mistaken belief that the government will never discover what you are trying to conceal and that gold might be the only remaining option.

If you truly value gold, you have no choice but to abide by the game’s established guidelines. It is necessary for you to comply. However, once you have achieved compliance, it is possible to continue to play by the rules of the game and avoid having your money taken away from you by the authorities. If you keep your gold in a secure location, such as Switzerland or Liechtenstein, you have the opportunity to do this. It is safe, particularly if it is stored in accordance with the laws of Switzerland or Liechtenstein.

  1. Only Invest Money You Don’t Need for Five Years

We are unable to predict when the system will become unresponsive. If you believe the people who are predicting that the system will fail within the next six months, then you are going to make poor choices regarding your finances. They are not to be believed. Don’t speculate.

When it comes to investing, you should only use money that you won’t really need for at least the next five years. In the span of five years, anything is possible. And now, in the year 2020, we know from experience that in just five months, anything is possible. It is much more difficult to predict what will occur in the short term, despite the fact that it is highly probable that the price of gold will be significantly higher in five years than it is right now.

At the very least, you’ll need to wait five years to see a decent return on your investment. Do not spend money that you will need in three, six, or even nine months’ time because we do not know where the price is going in the short term. If the system crashes before then, you will be fine; however, do not spend money that you will need in the future.

The price of one ounce of gold remains the same regardless of the value of the fiat currency being used to purchase it. There is a very high probability that, after five years, you will be really happy with the investment that you made, regardless of the circumstances.

Bonus Tip: Use the LBMA Ecosystem

One last piece of advice from J. Rotbart & Co. is to make sure that any bullion you purchase was processed by a member of either the London Bullion Market Association (“LBMA”) or the London Platinum and Palladium Market (“LPPM”).

Find providers who only ship and store goods using secure logistics companies that are members of the associations, and look for those providers. This provides reassurance that the goods are authentic and peace of mind that the security standards are on par with those of the market as a whole.

When it comes time to liquidate your assets, gold bullion that was acquired through the London Bullion Market Association (LBMA) will require less time to do so, and the entire process will cost you less money. Before being reintroduced into the LBMA/LPPM ecosystem, any items that were extracted from it first need to be examined scientifically through testing or analysis.

The Growing Trend for Buying Gold

Since the beginning of this month, Claudio has been travelling across the United States. So far, he has been to the states of Texas, Montana, Georgia, Alabama, Washington, and New York. The following is a selection of his concluding thoughts and recollections gained during his travels:

“I have an extremely optimistic outlook on the way things are going. After talking to a large number of individuals, I have come to the conclusion that there is a discernible movement toward decentralisation. Because of the internet, it is abundantly clear that the government no longer exercises control over the media or the information that is distributed to the public.

This is the root cause of why we have Donald Trump, the Brexit, and other secession movements, as well as fake news. All of these are flaws in the existing system. On the other hand, we currently have Bitcoin and the technology behind blockchain, both of which will eventually result in a decentralised financial system, as well as decentralised communication, decentralised law, and decentralised production.

Because of this, the three to four billion people who do not currently have access to a bank account but do have smartphones will be able to participate in the system. They are going to become active participants in the market at some point in the future, and given that a decentralised financial system based on blockchain technology is currently being developed, one thing is abundantly clear: we are moving in the direction of decentralisation.

Gold makes perfect sense because the system as we know it is falling apart, which means that cryptocurrencies and blockchain technology also make perfect sense at this time.

It makes perfect sense to devote more time to researching these subjects because their significance is only going to increase as time goes on. The new world order will soon be relegated to the annals of history. It is not going to be possible to maintain the centralised system. And with each US dollar or euro that you invest in owning physical gold and silver, you withdraw liquidity from the current system that they can no longer use to finance wars or bribe politicians. “And, with each US dollar or euro that you invest in owning physical gold and silver, you withdraw liquidity from the current system that they can no longer use to.

One additional insight from J. Rotbart & Co.:

The trends that Claudio described earlier are currently widespread in their applicability. Since the global financial crisis of 2008, there has been an increase in the demand for physical precious metals, and an increasing number of customers are opting to invest in gold bullion as a method of wealth preservation for the future.

Customers are transferring their valuables from bank vaults to privately held vaults in increasing numbers. There are a few reasons for that, including the following:

  • Increased distance from the reach of governments and regulators;
  • Better service; and
  • Better value for money.
  • Better access to their assets (they are no longer dependent on business hours, the goodwill of the banker, etc.);
  • Increased distance from the reach of governments and regulators.

When it comes to jurisdictions, we have also noticed a new trend: individual clients are moving many of their assets to the “new frontier” of Asia for the reasons that were discussed earlier in this paragraph. Investors are also considering purchasing stocks in gold mining companies or investing in gold mutual funds in order to capitalise on the lucrative opportunities presented by the gold industry.

The movement of customers’ funds between precious metals and cryptocurrencies is another pattern that we are observing among our clientele. As Claudio points out, we are moving in the direction of decentralisation, and in this regard, there are similarities between cryptocurrencies and gold. Both assets are de facto global currencies that are not controlled by a central authority.

Because of this, customers move their money back and forth between the two assets. They are either selling their holdings of precious metals in order to invest the proceeds in cryptocurrencies, such as Bitcoin, or they are selling their Bitcoin holdings in order to invest the proceeds in gold funds.

Another pattern that we are seeing among our customers is that they are open to the idea of taking out loans against their physical holdings in order to finance the purchase of other types of investments. The distinguishing characteristic of this pattern is that the loans do not originate from banks (so the clients’ holdings will not be deposited under the lending bank assets), but rather from respectable private lenders. This ensures that the clients’ holdings are not at risk of being lost.

If you are ready to begin purchasing gold or to invest larger sums, get in touch with our team so that we can help you determine your asset allocation strategy as part of a comprehensive offshore plan.

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