GoldMoney has achieved a growth of 112% over less than 18 months.
Beverly Hills, CA (PRWEB) July 22, 2010
GoldMoney, one of the world’s largest providers and holders of physical bullion for retail investors, is set to become the first western dealer to offer its customers bullion storage facilities in Hong Kong.
The company is now offering its customers storage facilities for silver, gold and platinum in the Hong Kong, China.
GoldMoney, one of the world’s largest providers and holders of physical bullion for retail investors, now stores more than US$1 billion on behalf of its customers in vaults in Zurich, London and now Hong Kong. GoldMoney has achieved a growth of 112% over less than 18 months based on US $476 million of customer assets at the beginning of 2009, thanks to particularly strong demand for physical gold.
The increased interest of monetary authorities in gold is sending a strong signal to investors to buy gold bullion. As central banks of many nations — most notably of India, China, Qatar, and Russia — diversify their official reserves by accumulating gold, bullion prices are likely to continue their move higher.
China is currently the sixth largest gold holder and plans to increase its official gold holdings six-fold (to 6,000 tons) in the next three-to-five years.
Individual Chinese investors have a real love affair with gold because they understand its intrinsic value .
Therefore China, with a population of over 1.2 billion, could really push the gold price to the moon.
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.
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.
GoldMoney is a fast growing enterprise founded by James and Geoff Turk. As one of the world’s largest providers of physical bullion for retail investors, "GoldMoney" is combining 21st
century technology with the world's oldest money: Gold. The company efficiently uses the internet to make the online purchase and the storage of gold, silver and platinum secure, convenient and economical. Residents of 85 countries can open a GoldMoney account to build savings and secure their wealth by owning pure gold, silver and platinum with GoldMoney.com
By performing regular audits GoldMoney constantly ensures and verifies the contents of their bullion vaults, thereby setting the industry standard for companies in this sector.
Via GoldBuzzer, international investors will enjoy 6 months of free metal storage and worldwide bullion delivery on request.
To learn more about GoldMoney services and free GOLDMONEY ACCOUNT sign up,
click here to go to GoldMoney.com
Gold is genuine Wealth, Gold is real money.
“Paper money eventually returns to its intrinsic value – ZERO”