-- Posted Wednesday, 2 June 2010 | | Source: GoldSeek.com
For both GoldMoney and the secular precious metals bull market, it has been quite a decade. Gold, silver and platinum have risen significantly since the turn of the century regardless of the currency one uses to calculate the gains. Meanwhile, global stock markets have failed to protect purchasing power and many are breaking down once again.
GoldMoney is there to help people protect their purchasing power with precious metals stored securely in vaults in Europe and Asia. As the credit crisis moves from private sector to public sector, all currencies are set to sink even faster relative to precious metals over the next decade. The strongest and fastest gains in a secular bull market occur nearer to its end than its beginning and this pattern is sure to repeat in precious metals as a growing number of individuals increasingly question the meaning of paper money created with reckless abandon by governments around the world.
The total number of gold ounces held by GoldMoney for its thousands of individual and business clients has steadily increased in a manner very similar to the price increase for Gold over the past decade:
The slope of both of these charts is likely to accelerate over the next decade in a similar manner. The theme in these two charts is the same: both GoldMoney and Gold have provided investors an unparalleled way to protect and grow their wealth. Most buy-and-hold stock investors have gained nothing over the past decade, while precious metals investors have seen 300-400% gains. It is a conservative bet that precious metals investors, many with the help of GoldMoney, will continue to increase their wealth and maintain their purchasing power better than those who invest in more “traditional” asset classes.
Since 2001, GoldMoney has provided a cheap, reliable and secure way to store precious metals. GoldMoney now has close to $1 billion in customer assets (over $974 million as of April 30th) and gives customers the option to cheaply store their gold, silver, platinum and paper currencies in secure vaults in London, Zurich and/or Hong Kong. GoldMoney eliminates the counterparty risks often found with paper metal products like ETFs and pooled gold accounts and provides unprecedented customer protection at a time when most financial firms only seem to be exposing their clients to more risk. Additionally, customers can take physical delivery of their metal if they choose and even make payments in gold terms through GoldMoney’s patented goldgram technology.
As we sit on the threshold of the most lucrative part of the precious metals bull market, GoldMoney will continue to be there to help savers and investors alike. Those looking into GoldMoney and/or the precious metals bull market for the first time should remember one important item: despite a decade of tremendous progress, they’ve both only just begun.
Written by Adam Brochert
-- Posted Wednesday, 2 June 2010 | Digg This Article
| Source: GoldSeek.com
