GoldMoney
Open Your GoldMoney Holding. Free Sign Up.
GoldMoney guarantees absolute ownership. THIS IS NOT PAPER GOLD.
You, not GoldMoney, are the absolute owner of your gold and silver. GoldMoney stores it securely on your behalf. When you purchase precious metals through your GoldMoney account, you actually hold and own the metal in your name. GoldMoney is not a “paper gold” product, which means that your gold ownership is not dependent upon an exchange traded fund’s (ETF’s), certificate issuer’s or pool account operator’s ability to obtain and redeem metal for you when you want to sell it.
Nearly all of these types of “paper metal” programs work on a fractional reserve basis, so if the majority of the program’s customer wanted to redeem their metal for cash, the program operator would not be able to meet all of its obligations. In other words, “paper metal” products represent merely a promise to pay metal; they are not products that give you direct ownership of metal, and therefore expose you to counterparty risk since you are dependent upon the program issuer’s ability to meet all of its obligations.
Contrary to the fractional reserve nature of “paper metal” programs, the quantity of customer metals recorded in GoldMoney’s database is always equal to the quantity of metals in the vaults.
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Open your GoldMoney holding and enjoy complete ownership of the metal you buy.
You will hold and own the allocated metal in your name, in contrast to ETFs and
certificates. Goldmoney always maintain a one-to-one ratio of metal in their vault and in
their database. Click here to find out more about 100% Metal Ownership >>>
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