I’ve had this gold blog running for about 4 years now and I’ve been buying gold online here in the UK for probably since around 2006.
I did not have the first clue about gold when I started and in fact the main reason I became interested in buying gold and silver was because of the housing bubble. As house prices in my area got completely out of control I knew that something was up and everyone was in for a real surprise.
I soon found a few online forums called House Price Crash and some of the posters on these forums really knew what they were talking about. A new forum called Global Edge Investors was created by one particular poster named Dr Bubb.
Anyway there forums led me to the knowledge that would insure I kept my wealth and in fact were so spot on with their predictions have given me more wealth. All because of gold and silver.
I started researching the topic online on where I could buy gold in the UK. Unlike most other metals Gold has no VAT so you can easily trade it without involving the taxman to some extent. As I saw the price rise in gold I knew that these forum posters were on to something. No one I knew was really talking about gold more about how much their house had went up in price over the past 12 months.
These guys were the smart money. It’s now 2011 and I believe we are on the crest of everyone and their granny buying gold and silver to protect themselves against the financial storm that is wrecking havoc on so many countries around the world. I tell you some truth, we have it very easy just now in the UK.
Anyway back to where to buy gold in the UK. There are many places where you can buy this precious metal. However price does matter, especially know with a 1oz bar of Gold over £1000. It was not long ago (2001) that a 1oz bar was £200. Think what I could have done if I knew that fact!
There are two options to buying gold. You can purchase it online and it is stored at a secure facility. the majority of my gold and silver I have purchased online. It’s a bit like internet banking. You just transfer money to either bullion vault or gold money and then buy your gold or other metal. They store it securely and you do not have to worry about the physical aspect of it. It’ “safer that houses” that’s for sure.
Both Bullion Vault and Gold money allow you to buy other types of precious metals as well. Silver, platinum and palladium. truth be told I’ve actually made more money buying silver than gold to date. Since 2009 it has jumped something like 300% – this is a huge jump.
Now some of the smart thinkers might be asking the question, so if it’s went up so much why should I buy gold or silver now? It’s a pretty easy answer. things around the globe are not getting any better – they are getting a lot worse.
If that’s not sold you then you might like to know about what those deveopling nations like China and India are doing to try and sell their many dollars as quick as possible. Yes you have it right they are buying gold and silver. The Chinese government has just asked it’s citizens to save and invest their hard earned money in gold. Indians have been doing this for many years.
Those websites again