The most secure way to invest in gold is to buy individual bars and coins that are delivered to you or held on your behalf in your own sealed security box inside a London Bullion Market Association approved independent bullion vault.
(PRWEB UK) 18 December 2012
According to Gold Made Simple, one of the world's leading gold bullion services, the Queen didn't hold back against “lax” City workers on her recent visit to the Bank of England, a move which they suggest once more highlights the advantages of investing in gold bullion.
Later, the Queen was shown one of the vaults where the nation’s £200 billion in gold reserves are stored, stacked in four-ton blocks four shelves high. Declan Cosgrove, Managing Director of Gold Made Simple suggests, "If the Queen had wanted to know how individuals could insure themselves against a future financial calamity, the answer may have been staring her in the face."
"As the Bank of England knows, gold bullion gives an economy stability, and that’s as true for you and me as it is for the nation."
“There are three main reasons why the amount of money being invested in gold bullion is increasing substantially at the moment,” says Cosgrove, “wealth protection, tax efficiency and capital appreciation.”
Quite simply, owning physical gold protects your wealth from outside risk, like the failure of a company, bank or financial institution.
“Physical 'segregated' gold has been the most secure way to store wealth for thousands of years and this remains true today,” says Cosgrove, who adds that it can also be good for your tax bill. GoldMadeSimple.com specialises in gold products that are free from Capital Gains Tax and also provides gold within SIPP and SSAS pensions.
Perhaps most importantly of all, gold has given some eye-wateringly good returns of late. Over the last ten years, for example, and despite the economic downturn, gold has increased by a staggering 394% - with the price per troy oz. rising from £212.82 at the end of 2002 to around £1051.37 now.
“Many experts predict that this increase is set to continue as economic uncertainty, sovereign debt, the banking crisis and money printing continue at an alarming pace,” says Cosgrove. “In the last bull market, 1968 to 1983, the gold price increased by over 2,000%.”
What stops many of us investing in gold bullion is simply that we don’t know where to start. That’s where companies like GoldMadeSimple.com come in.
“The most secure way to invest in gold is to buy individual bars and coins that are delivered to you or held on your behalf in your own sealed security box inside a London Bullion Market Association approved independent bullion vault,” says Cosgrove. “GoldMadeSimple.com helps clients buy and store physical gold free of Capital Gains Tax, and also within SIPP and SSAS pensions, with maximum safety and security.”
Getting started could hardly be easier. GoldMadeSimple.com’s online account opening and live gold prices mean canny investors can start buying gold bullion within minutes, and at the most competitive rates.
“Our wholesale buying power with partners such as the Royal Mint enables us to provide substantial discounts on direct prices,” adds Cosgrove.