I was introduced to BullionVault this week and collected my free 1 gram of gold to learn how to trade. It arrived in my BullionVault account within hours and is now mine and valued at nearly $40 and increasing in value. It's real gold and is stored for me as part of a gold bar in their vaults. BullionVault allows me to trade that gold, as the price goes up and down and make it's value grow.
Sound to good to be true? Well it's not, but there is a slight snag. There's a minimum withdrawal of $100, so if I want to realise the free gift in real money I will need to fund my account with another $60 or so, before I could withdraw the full $100.
However, in the present financial climate, where the real value of paper money and the money in your bank or savings account is declining in real terms, it's a very good idea to have some of your money these days in gold or silver, and BullionVault is a very easy and flexible way of doing this. You can add to your deposits any time you like and withdraw funds at any time. There's a very small fee for buying and selling (0.8% and less for large amounts).
This is not a program, but a real 'bricks and mortar' business with real gold and real vaults in New York, London and Zurich.
Why are they giving gold away? To introduce the ordinary person to a very easy way of buying and selling gold, starting with small amounts - this is not normally available, as you usually have to deal in much larger amounts.
I have been tempted by one or two of these gold and silver coin programs that are on the net, but the mark up on their prices is usually very large and the programs are usually MLM, so it's nearly always the admin and the big recruiters that gain. OK, this company does offer referees 25% of their commission, but it's definitely not an MLM set up. But you can always ask your friends, contacts and family if they would like $40 of gold for free and make a little more gold for yourself.
It's very ease to register for your free gold - just sign up at http://www.bullionvault.com/#project2010 and they send you by e-mail a getting started guide, a brochure and details of their charges.
If you wish to fund your account it's by bank transfer only.
I would be updating this post shortly, when I learn a bit about trading in Gold
No comments:
Post a Comment