Gold Investment will be the Safe Haven for 2009

If you’re looking for a way to move your investments into gold and a simple process that enables you to complete the transactions securely online, we personally recommend BullionVault — the Financial Times concur and have said: “buy gold online at BullionVault and you’ll cut the costs of gold ownership dramatically”.

Gold Investment will be the Safe Haven for 2009

Current demand for gold coins, one of the more popular bullion investments during a financial crisis because of its portability and ability to be kept in vaults outside the financial sector, is now so intense that LBMA delegates reported that dealers around the world were running out of stock of popular coins such as South Africa’s Krugerrand.

Gold Investment will be the Safe Haven for 2009

Jonathan Spall, the head of commodities sales at Barclays Capital, said that the gold markets were witnessing a “sea change” as bullion was attracting new players, such as hedge funds who had previously considered gold as a relic from the past.  The bankers at the Kyoto meeting said that nervous investors were so concerned about the stability of the financial system that rather than simply just investing in gold as part of their job, they were placing their own physical money into gold, taking delivery of bullion and coins and effectively placing their investments outside of the financial system.

Gold Investment will be the Safe Haven for 2009

”High bullion prices are here to stay,” he said.  His bullish comments came as many delegates said that they forecast gold prices reaching between $700 to $1,200 an ounce in 2009.  Mr Charles, who is also head of precious metals at HSBC in London, said that investors were returning to gold as confidence in the US dollar and many other asset classes was shaky.  He said that the change was likely to be a structural change, rather than a short-term phenomenon that will fade away with calmer markets.
Charles said ”Gold will be looked at in a different way even when the credit crisis ends”

How the Gold Market Works and is it Time to Buy Gold?

And finally, this groundbreaking gold trading service from BullionVault really does give you unique access to live gold market prices, cutting out the middleman and slashing the costs of investing in gold.  To find out more for yourself

How the Gold Market Works and is it Time to Buy Gold?

The primary company behind this innovation in gold investment and trading is BullionVault, they report that one of their offshore secure vaults in Zurich now holds a greater volume of privately held gold bullion than most central-bank reserves, sheltering the owners from currency shocks and further risks of credit default.

How the Gold Market Works and is it Time to Buy Gold?

There’s a great deal of myth and legend surrounding the gold markets, and this is possibly the biggest hurdle new gold investors face when trying to figure out if it’s an investment that is right for them.  Also, with the exception of the wealthiest investors, bullion purchase has never been easy and its cost overheads have often negated any potential profit making.  However, times have changed and it is now possible to buy investment quality gold bullion online outright and have it stored in an official bullion vault where it’s value is guaranteed, and the costs are incredibly low, making gold trading now accessible to everyone.