The purest gold at the tightest spreads

Adrian Ash - Mon 28 Nov, 2005

"...Deep underground in a secure vault in Zurich sits a gram of gold. It's yours if you want it. For free, right now..."

Dear Daily Reckoning reader,

Deep underground in a secure vault in Zurich sits a gram of gold.

It's yours if you want it. For free - today.

The gram is part of a 400-ounce gold bar, the only kind of bullion that professional dealers and international banks will buy and sell. It is 99.5% pure gold or better.

And it's never left the care of professional bullion vault operators...not since the day it was first cast, assayed, and delivered by armoured truck through the streets of Switzerland.

This means your free gram of gold is guaranteed to be top-quality. So you can forget about wide 'spreads' between the buying and selling price. It will trade on the international gold market almost bang on the 'spot' price you see quoted on the internet and in your newspaper.

No, dear reader - you can't fly out to Zurich tonight and collect your free gram of gold after breakfast tomorrow. It has to remain within that 400-ounce bar to keep its integrity and value.

And that bar – worth more than $188,000 at today's price - has to stay in the bullion vault.

You see, the quality of a gold bar must be guaranteed if it's going to trade on the international gold market. Wall Street banks...London bullion traders...and Tokyo investment funds only deal in top-quality warranted gold.

And now you can join them.

I'm writing to tell you about the most exciting development in the gold market I've ever witnessed. BullionVault enables you to trade the purest gold at the tiniest spreads - with no delivery charges, minimal insurance fees, and storage costs to make your local bank blush.

Your gold will be held in the form of 400-ounce "good delivery" bars. It will retain full resale value on the professional market. And most importantly, this gold will belong to YOU – just as it would if you bought it and kept it at home.

This is the crucial difference between BullionVault and holding "unallocated" gold with a bank. Your BullionVault gold will NEVER be used, lent or sold by the vault where it's stored.

Legally - and in all eventualities - even a run on the banks...the collapse of sterling...a stockmarket meltdown...or a crash in the $201 trillion global derivatives market...your gold will be yours.

BullionVault.com is the brainchild of The Daily Reckoning's friend, Paul Tustain. He developed the CREST "plumbing" software which many of Europe's biggest banks bought to handle their London Stock Exchange business. So he knows a thing or two about financial trading – and he also happens to be an avid gold investor.

Like many other gold investors, however, Paul found he didn't want to pay the spreads and storage costs associated with gold coins. He didn't like holding paper securities, such as GBS shares. Nor did he like the fact that "unallocated" gold accounts - held at a bank – would actually protect the bank BEFORE YOU in the event of a financial accident.

"When a bank sells you unallocated gold," Paul has discovered, "you become the bank's creditor. It owes you the gold in other words, and you do not own the asset you've bought. The gold is only available to you if the bank remains solvent."

What if your bank doesn't remain solvent? Says Paul:

"Your unallocated gold would be sold off if the bank were badly in need of cash. It has no choice in the matter; liquid reserves and other near-cash assets are there to protect the bank's general creditors - all of whom, including you, would only receive a proportionate share of the money raised by selling these assets if the bank ever goes under."

This is why Paul set about building BullionVault. It lets private investors like you access the 24-hour global gold bullion market direct.

No middlemen, no delivery costs, no risk of losing your gold if crisis hits the world of fiat money and paper I.O.U's.

I believe this makes Paul's quiet revolution in the gold market the most dramatic news for UK investors since 1979, when Geoffrey Howe abolished the 'Rule of Four' and did away with all limits on how many gold coins you can own. Open a gold account with BullionVault today, and it could prove just as liberating for your finances.

To find out more - and to claim your complimentary gram of Zurich gold now – simply go to BullionVault here:

"The Purest Gold at the Tightest Spreads"

At BullionVault, you can buy whatever quantity of gold you like. It will be stored and insured by ViaMat, the Swiss market leader in professionally recognised bullion transport and secure vault storage.

Let's be clear - ViaMat is not a bank. It specialises instead in operating recognised vaults for the London, Zurich and New York bullion markets, as well as across the world. Since 1946 it has stored valuable goods without getting involved in unallocated arrangements and other financial wizardry.

In fact, as Paul explains at BullionVault, the actuarial risk of loss is so small that your gold is stored, with insurance included, at a cost of only 0.12% per year. That's less than a third of the costs you'll pay to store gold in bank vaults via other gold ownership schemes.

Through BullionVault, you can select where you'd like Viamat to store your gold – in London, New York or Zurich. And thanks to BullionVault's instant online trading and settlement system, you can then find gold buyers - directly on the internet - when you come to sell.

Up until now, these gold buyers would probably have thought you were an untrustworthy seller – some random chap promising to trade gold on eBay! But now, with your gold audited every day by BullionVault - and stored by Viamat – other investors are guaranteed the purest 'fine' gold when they deal with you.

To find out more, and claim your complimentary gram of Zurich gold right now – go to BullionVault here:

"The Purest Gold at the Tightest Spreads"

When you buy gold through BullionVault, you do NOT buy a financial security, like a share or a warrant. You're buying the metal itself. It's your property; it belongs to you. 

But to keep your costs low, and to make sure you can sell your gold straight back onto the international bullion market...where the spread between 'buy' and 'sell' prices runs almost to zero...you simply take legal delivery via a custodian – Viamat, the world's strongest professional bullion vault operator - without taking personal delivery yourself.

You see, your gold is part of a Good Delivery bar. Weighing 12.4kg, these bars have a minimum assayed purity of 99.5%. BullionVault buys these guaranteed, market deliverable gold bars, and store them at Viamat.

"Of course, we accept the sensitivity of what we are doing," says Paul. "Which is why we publish our daily audit. This means you can safely check your holding within the vault - from any internet computer anywhere in the world - and prove it to the actual physical bars evidenced by the Viamat bar list that's issued to us."

This is so simple, but so important. When you open an account with BullionVault, you are given your own unique 'nickname'. Every day, BullionVault publishes a full list of every single 'nickname' holding gold through their system.

It's published on a public internet page, there for the whole world to see. And the sum value of the list - with your nickname on it, remember - adds up exactly to the value of the bar list issued by Viamat.

In other words, you and everyone else using BullionVault can see in a transparent yet discreet way what your holding in the system is, every day.

Truly, this is a revolution in the international gold market. To open your account – or to find out more and to claim your complimentary gram of Zurich gold now – I urge you visit BullionVault today:

"The Purest Gold at the Tightest Spreads"

Best regards,

Adrian Ash
The Daily Reckoning

P.S: Don't get me wrong – gold coins are still a fantastic way to own the yellow metal. Should the gold price shoot higher over the next 5 years, as Bill and myself believe it will, selling the handful of coins I've gathered together should bring me a good profit....potentially doubling my money or more.

But I also know I'll have to give away a portion of my gains to the coin dealers when I sell. So if – like me – you're interest in gold goes beyond a few hundred pounds...or the costs of either storing coins at the bank, or insuring them at home, puts you off...then I think you'll find BullionVault as exciting and valuable as I do.

But don't just take my word for it. Just look at what other gold investors already using BullionVault have to say:

"Many thanks for your speedy service and excellent support. I'm very glad that I've found your service and you provide allocated gold easily and efficiently without all the headaches of physical storage for privately held gold. I've got peace of mind knowing of a quiet little nest egg safe from the financial storms about to brew."
 - ML

"I've been looking for an easy, inexpensive way to own bullion. This seems to fill the niche perfectly. I think it's great. I set my price and wait for the market to get there. This is really a great service you're providing."
 - TA

"The Order Board and screens are excellent."
 - MS

"It's an absolutely incredibly good service/website, from everything to presentation, ease of use and security it's very clear and a pleasure to use."
 - BR

"I like the idea of holding assets in multiple locations. I like that the middleman is cut out. I like that I can control the buys and sells and not wait on a dealer to liquidate."
 - RR

To find out more, and claim your complimentary gram of Zurich gold – go to BullionVault now:

"The Purest Gold at the Tightest Spreads"

PLEASE NOTE: Fleet Street Publications Ltd receives a recommendation commission for accounts opened with BullionVault through Daily Reckoning referrals.

But that's not why we're recommending you visit BullionVault and claim your free gram of Zurich gold today. It's because this ground-breaking new service really does offer you the opportunity to buy and sell the purest gold at the tightest possible spreads.

To find out for yourself, click through here now...