Your investment portfolio may already include significant holdings in precious metal exchange traded funds (ETFs), mining stocks or even precious metals that are stored personally in a vault. But in the event of a financial emergency, how can you quickly convert “paper gold” into currency, make payments with bullion which is not in your physical possession or convert a bullion bar so that it can be conveniently used as currency?
GoldMoney has established a patented currency, goldgrams® (1 goldgram = 1 gram of gold), to give Full Holding owners the ability to make precious metals payments to each other electronically*.
Although GoldMoney customers can send and receive funds to their GoldMoney Holding via traditional financial institutions, such as banks and brokerage companies, GoldMoney’s payment utility is not dependent upon their network.
It is easy to sign up for a GoldMoney Holding online. The sign-up process only takes about 10 minutes, and if you live in the USA, the UK, Canada, Germany or any of the other “fast-tracked” countries you can complete the entire process online.
There is no paperwork to send-off by post and you can transfer funds to start buying gold, silver, platinum and palladium straight away. Find out more in our How it Works section.
* Customers resident in Belarus, Bosnia & Herzegovina, Croatia, Egypt, Germany, Macedonia, Montenegro and Serbia are not able to engage in metal payments.
** FTC requires that I disclose I have an affiliate relationship with GoldMoney.