GoldMoney

Buy 100% pure gold or silver online, stored in a secure vault! Over US$139 million worth of gold and silver in circulation as of 31 May 2006.
GoldMoney® is gold that can be transferred online. It is the simplest way to buy gold. Each GoldMoney GoldGram® is held for you in allocated storage in an insured vault in London. When you buy GoldGrams, you own pure gold in a secure vault. **GoldMoney provides quarterly reports verifying the quantity of goldgrams is always equal to the amount of gold stored in the vault.
Founded by James Turk, GoldMoney allows for the instant transfer of gold between user accounts. Unlike e-gold, however, GoldMoney is primarily a system where users can buy gold at a markup for investment purposes. The user can then sell his or her gold back to GoldMoney at the current gold price. As with other DGCs, accounts can be funded through a digital gold currency exchanger.
GoldMoney is the most convenient, cost-effective and secure way to buy and own gold and silver. GoldMoney users can buy gold at much cheaper prices than if they were to take physical delivery. The system also allows users to invest in much smaller amounts (as low as $1) than typical gold investors are economically able to. Investments can be made by transferring funds directly from a bank or credit union account. Unlike e-gold, who charge a gold storage fee of 1% per year (debited in monthly installments), GoldMoney only charges a fixed gold account fee of 0.1 grams per month (or 1.2 grams per year). This means that e-gold’s costs are lower for gold holdings of under 120 grams (worth approximately $2,500), but GoldMoney is cheaper on larger holdings. For example a gold holding worth $1,000 would incur annual costs of $10 with e-gold but $25 with GoldMoney, while $30,000 would incur costs of $300 with e-gold but still only $25 with GoldMoney. *Wikipedia
Convenience
Buy any quantity of gold and silver you choose without the hassle of shipping, storage and insurance
Online access to your account 24/7
Buy gold and silver online conveniently with your computer
Use your gold to send instant payments world-wide

Prompt and courteous customer service to answer your questions
Managed by former Morgan Stanley and Chase Manhattan executives, GoldMoney is the ideal payment solution for online commerce. GoldMoney enables the transfer of gold ownership electronically - instant, 24/7, irreversible payments made anywhere in the world at low cost. GoldMoney provides quarterly reports that verify the quantity of goldgrams is always equal to the amount of gold stored in the vault. Plus, external auditors complete periodic system reviews, and we make their annual report available to GoldMoney customers. All gold in GoldMoney is stored in a vault in London, England, and is insured by Lloyd’s of London. *Wikipedia

The company was formed in 1998 and has been awarded 3 patents for its concepts and break though technology. We work with our partners to ensure that GoldMoney’s payment system is reliable and secure, and that the gold is stored safely for our customers.
Now available for customers with bank accounts in the USA and Canada
Get more gold for your money - accumulate gold at only 1.9% above the spot price
Incomparable convenience - funds debited automatically each month from your bank account
Worry-free security - your gold is stored in an insured, secure vault in London
A Gold Accumulation Plan (GAP) is a savings program, but instead of building up your savings in a national currency, you save gold. Your gold is purchased using the cost-averaging principle, a popular and time-tested method for accumulating valuable assets such as gold. With cost-averaging, a fixed amount of money is used to purchase gold at regular intervals regardless of gold’s market price.

Accumulating gold in regular, small intervals regardless of the price is the most cost-effective way to buy gold over a long period of time. Cost-averaging reduces the risk of fluctuations in the price of gold because it averages your purchase price over the savings period. Just choose the dollar amount which fits your monthly budget, and GoldMoney purchases the gold on your behalf.

Silver investing
On January 4, 2006, Turk announced that the purchase of silver is now available through the GoldMoney system. However, it is not available as a payment option like gold is through the system. Gold already in customer accounts can be used to buy silver, and vice versa. The silver is being stored by Mat Securitas Express AG, part of the VIA MAT Group, of Switzerland. Their silver vault is located in Middlesex, United Kingdom. Unlike gold, the storage costs of holding silver are similar to e-gold at just under 1% per year.
*Wikipedia

Share This ItemThese icons link to social bookmarking sites where readers can share and discover new web pages.