Nov 21, 2009

I Struck Gold!

There's an old proverb that always ring a bell everytime I think of investing - "Do not put all one's eggs in a single basket". As my income grows almost on a regular basis, finding a safe place to hide and nurture my 'eggs' can be time consuming at times. Factors such as risks, stability and interest rates are just some of things that need careful consideration before putting my money in.

Very recently, I looked at gold as an investment and I must admit I am very convinced why everyone has to have some of it. Since Gold prices are steadily going up from the time it was traded, I considered buying some for my own however, a few things must always be considered like where to keep it and if it can easily be sold to current market prices.

I stumbled on this website ( where you can easily buy gold and trade them anytime when cash is needed. I listed some commentaries regarding this service as I tried my hands on them:


1. You don't need huge cash deposits to buy gold. A regular middle income dad like me can start saving by buying gold with a minimum of $US36 (that's P1,660+ pesos) deposit. That is the price of 1 gram of gold at the time of this writing and you already have an account which you can deposit on any of the three bank locations (New York, London or Zurich) available and at any of the three donominations - US dollar, Euro or Swiss Francs.

2. Real Gold: The gold that you will buy is a real physical gold, kept in an allocated storage with your name. The gold is kept and secured in your behalf by ViaMat - a BullionVault partner of some sort. Likewise the money earned from trading gold is kept in an international bank and on any of the three currencies of your choice.

3. Real-time monitoring: Depending on the market trends of gold, you can actually see the up-to-the-minute changes in valuation of your gold investment on the Account Balance Page. When the value of gold in the market goes up, the valuation of the amount of gold you keep in BullionVault goes up as well. You can actually see how much your investment grows even over a period a few days.

Buy gold online - quickly, safely and at low prices

4. More control: Control is important most specially when your hard earned money is at stake. Should you want to maximize profits by trading gold, you can easily do it in BullionVault's easy to understand trading platform. Since the value of gold remains steadily up over the years, you may not need to trade at all - just keep on buying. If (just if) the value of gold dips to record lows, you can then sell it to other BullionVault members which may be programmed to do it automatically for you. All one has to do is determine the tolerance level of price 'dips' one can take.

5. Easily converted to cash: In times where cash is badly needed, your gold investment may be sold to a much higher price from the original price you bought it - ofcourse. For gold, fortunately, your money invested will definitely yield a much higher return than putting it in a time deposit.

6. Easy to understand. The user interface of BullionVault is very easy to understand and operate on that even a highschool student can start trading with basic knowledge - I think.


1. You cannot use your credit/debit card if you're thinking of buying a few grams of gold. You have to Bill Pay or wire 

transfer your payment in cases you wish to buy gold. These things take time and it's more convenient for me to use my credit/debit card instead.

2. Member page keeps on logging-out. I know it's for security purposes but I hope they will have an option where the user decides to keep logged-in the entire day.

3. Some video tutorials for beginners who wanted to go into gold trading at BullionVault.

Over all I would recommend BullionVault as part of your savings and investment portfolio. The key advantages that made me 

go into this is: Control, stability and profit.

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