“Gold is money, everything else is credit.” – JP Morgan at a Congressional hearing 1912. Fast forward to today and the statement made by one of the world’s most influential bankers couldn’t ring truer. Gold ownership for individuals provides wealth stability in providing liquidity in illiquid markets. Gold is a known safe-haven for investors and a hedge against volatile markets. Only gold protects investors against inflation and currency devaluation, ultimately preserving purchasing power. Understanding gold’s role in the monetary system demonstrates why we should all have exposure to it. There are many ways to add gold exposure to your portfolio such as stocks in gold producing companies or paper. But the only method that truly protects one’s portfolio is physical bullion. International Gold Vault Ltd. (IGV Ltd.) provides investors with physical gold, silver, platinum and palladium in bulk or 1-ounce increments stored or delivered. Owning the physical commodity preserves the integrity of the investment and eliminates all counterparty risk. Alternative “paper gold” assets, bank certificates, ETF’s, futures, crypto-bullion type products carry counterparty risk such as: total loss, theft, jurisdictional regulation, suspended redemption and even government confiscation. These types of risks are unacceptable and exactly what real precious metals (specifically gold and silver) protect against. So how does physical ownership reduce risk? • All bullion stored with IGV Ltd. is insured to full market value. Every quarter, all cash and assets held on behalf of the clients of IGV Ltd. are audited by a third party. Over the last 17 years these storage facilities and wholesalers have never failed an audit. • Another very important aspect that is often overlooked is jurisdiction. It is imperative that bullion be vaulted in a “debt free – solvent” jurisdiction to protect against confiscation. IGV Ltd. accounts meet this requirement. The process of owning bullion is simple. After an online application, you will be contacted to discuss how you would like to allocate your investment funds, and the comforting process of physical bullion ownership begins. All product is sourced directly from a London Bullion Market Association approved refinery, ensuring product integrity and quality. Once purchased, product is delivered to either one of IGV Ltd. contracted vaults, or a safe location requested by the buyer. Taking personal delivery of gold requires an assay at time of liquidation and is subject to potential fees and delays. Having gold stored in the contracted vaults is insured and not subject to the assay process. IGV Ltd. only recommends delivery for product the investor has no intention of liquidating for profit in volatile markets. I’ve been active in the precious metals market for almost 12 years, I am happy to provide readers with access to my knowledge and experience. Rob McInerney – President of International Gold Vault Ltd.
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AuthorNews & Updates are written by myself or when shared from the industry, credit is always given to writer. Rob Archives
February 2022
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