In addition to spot Gold and Silver trading, I have been looking at some long-term Gold investment possibilities. The idea is to apply long-term trend following approach by holding physical Gold (or Silver), while continue short-term speculative trading of these precious metals in spot or futures markets.
According to a report on Bloomberg, Gold price has slumped around 23 percent in the second quarter, the most since at least 2010. Have a look at the monthly chart of spot Gold, while I am not calling the bottom of Gold, a bullish harmonic pattern does seem to be forming now. Just bear in mind that this is a monthly chart, I am just trying to establish a long-term view here.
During the uncertain times, in general, physical demand of Gold would increase. With my technical view mentioned above, this brings me to the thought of actually investing in some physical Gold. Traditionally, physical gold investments are always exclusive to sophisticated investors. It is very difficult for private individual to find a simple, safe and cost-effective way of buying, storing and selling gold or silver.
However, recently, I’ve come across Bullion Vault, which makes me reconsider about physical Gold or Silver investment.
Bullion Vault enables private individual from all over the world to own professional market gold and keep it in any quantity (investment amount can be as low as $100) in officially recognized bullion vaults in locations around the world.
Having research on the company, Bullion Vault provides a market place with lower dealing spreads comparing to traditional dealing price of gold coins and small bars. In addition to the market place, it also offers low-cost but secured storage options. Investors can choose their prefer storage locations in Zürich, London, New York or Singapore. Bullion Vault offers both Gold and Silver trading and storage facilities.
To me, it is worth spending time looking into this investment option.
Dave says
Being able to actually own physical gold rather than paper gold has always been the best way to invest in this precious metal. So I think that Bullion Vault is a great opportunity that any investor should take advantage of. Thanks for sharing….