On
January 14, 2009 GoldMoney introduced
the first enhancement, of many, for the year with two additional national
currencies, the Swiss francs (CHF) and Japanese yen (JPY), that can be held
in Customer Segregated Funds accounts within a GoldMoney
Holding.
It is
now possible to (1) wire CHF or JPY into and out of your Holding, (2) Buy and
sell gold or silver using CHF or JPY and (3) exchange national currencies
with CHF, JPY, USD, GBP, EUR or CAD for a 0.49% exchange fee.
Given
the strength of the Japanese yen and the unwinding of the carry-trade this
additional option for holding national currency balances yields more value
and the ability for greater profit from a GoldMoney
holding. GoldMoney holdings
are free
to open, require no minimum balance and the fees are extremely
competitive.
Any
gold or silver bullion purchased and stored is insured, held in secure
allocated storage with an LBMA member in safe jurisdictions, is completely
unencumbered, audited by a reputable accounting firm and the entire system is
extremely transparent.
Many
of the sources for performing due diligence on
GoldMoney have been consolidated so you can
determine whether a free GoldMoney holding
fits within your asset and estate plan. For the extremely low cost I
think GoldMoney is
a great value and should probably be considered in every asset and estate
plan.
Trace Mayer
RuntoGold.com
Trace Mayer,
J.D., holds a degree in Accounting from Brigham Young University, a law
degree from California Western School of Law and studies the Austrian school
of economics. He works as an entrepreneur, investor, journalist and monetary
scientist. He is a strong advocate of the freedom of speech, a member of the
Society of Professional Journalists and the San Diego County Bar Association.
He has appeared on ABC, NBC, BNN, many radio shows and presented at many
investment conferences throughout the world.
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