You are here
Gold just collects dust? Two more financial companies disagree
1:05p ET Friday, March 11, 2016
Dear Friend of GATA and Gold:
"Bullion is not liquid," says Ian Lee, a business school professor at Carleton University in Ottawa, Ontario, Canada. "It sits down in the basement and collects dust":
Tell that to, among others, AuSecure --
-- still another company that is mobilizing vaulted gold for trading, payment, and saving purposes all over the world. Today AuSecure became partners with Uphold, which describes itself as "the world's fastest-growing cloud-based financial service platform."
According to the announcement, Uphold customers now can redeem money in their accounts for gold -- "coins or bars in any weight or denomination" -- through AuSecure:
"'Gold investment is something that everyone should make -- no matter your country, currency, or portfolio,' said Hadi Saeid, founder and CEO of Ausecure. 'Our integration with Uphold provides the opportunity for our customers to have an even more accessible, secure, and transparent experience in buying, holding, moving, and redeeming gold.'"
Of course you have to do your own due diligence with such financial companies. They are not banks with government insurance for their deposits. On the other hand, since they're not banks, they may be less susceptible to "bail-ins" and freezing of accounts by governments. Your metal should be kept outside the government-controlled banking system.
In any case let's get past the propaganda of college professors and financial establishment pundits who know only the past, not the present and future: Gold remains not just money but superior money, and with negative interest rates descending like vultures on the world, gold's advantages as money increase every day.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Free Storage with BullionStar in Singapore Until 2016
Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.
Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop-shop for precious metals in Singapore.
Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage is FREE until 2016 and will have the most competitive rates in the industry thereafter.
For more information, please visit Bullion Star here:
Join GATA here:
Mines and Money Asia
Tuesday-Thursday, April 5-7, 2016
Hong Kong Convention and Exhibition Centre
Hong Kong Special Administrative Region, China
Mining Investment Asia
Wednesday-Friday, April 13-15, 2016
Marina Bay Sands, Singapore
Support GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit: