{"id":174,"date":"2016-05-25T13:52:51","date_gmt":"2016-05-25T17:52:51","guid":{"rendered":"https:\/\/howigrowmywealth.com\/?page_id=174"},"modified":"2019-12-09T09:32:20","modified_gmt":"2019-12-09T13:32:20","slug":"goldmoney","status":"publish","type":"page","link":"https:\/\/howigrowmywealth.com\/goldmoney\/","title":{"rendered":"A (Formerly) Low Cost Way to Buy and Store Physical Precious Metals"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.22&#8243;][et_pb_row _builder_version=&#8221;3.25&#8243; column_structure=&#8221;1_3,2_3&#8243;][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_code]<script type=\"text\/javascript\" src=\"https:\/\/app.getresponse.com\/view_webform_v2.js?u=B7NG4&#038;webforms_id=jtkb\"><\/script>[\/et_pb_code][\/et_pb_column][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;4.0.6&#8243; hover_enabled=&#8221;0&#8243;]<\/p>\n<p><strong>9 December 2019 Update:<\/strong> With the levying of a $10 per month minimum account fee Goldmoney is no longer a low cost way to store physical gold. I no longer recommend Goldmoney and am on the lookout for a better way to store gold throughout the world.<\/p>\n<p>&#8220;Please note that there is a US $10 minimum monthly storage fee that applies to Holdings with any balance. If the total storage fee on the custody of your precious metals is less than US $10\/month, the minimum fee applies.&#8221;<\/p>\n<p><em>Source: <a href=\"https:\/\/www.goldmoney.com\/dealing-rates-and-storage-fees\">https:\/\/www.goldmoney.com\/dealing-rates-and-storage-fees<\/a><\/em><\/p>\n<p>Below is what I had formerly written prior to the high minimum fee that was announced on 29 November 2019 and took effect 1 January 2020.<em><\/em><\/p>\n<p><em><\/em><\/p>\n<p>[\/et_pb_text][et_pb_code _builder_version=&#8221;4.0.6&#8243; hover_enabled=&#8221;0&#8243;]<strong>Goldmoney (formerly branded BitGold)<\/strong> is a <em>fantastic<\/em> way to buy and store physical gold.<!-- [et_pb_line_break_holder] --><!\u2013- [et_pb_br_holder] -\u2013><!\u2013- [et_pb_br_holder] -\u2013><!-- [et_pb_line_break_holder] -->You can buy and sell gold for just 1% over or under spot price. I don&#8217;t know of <strong>a lower cost way to buy and store physical gold<\/strong>.<!-- [et_pb_line_break_holder] --><!\u2013- [et_pb_br_holder] -\u2013><!\u2013- [et_pb_br_holder] -\u2013><!-- [et_pb_line_break_holder] -->You can choose to store your gold in six locations throughout the world for jurisdictional diversification. These locations are administered by Brinks, are fully insured, and each .1 gram of gold you own actually exists in their vaults.<!-- [et_pb_line_break_holder] --><!\u2013- [et_pb_br_holder] -\u2013><!\u2013- [et_pb_br_holder] -\u2013><!-- [et_pb_line_break_holder] -->You have the option to redeem gold in 10 gram, 24k gold cubes. I personally own over 20 grams of gold via Goldmoney.<!-- [et_pb_line_break_holder] --><!\u2013- [et_pb_br_holder] -\u2013><!\u2013- [et_pb_br_holder] -\u2013><!-- [et_pb_line_break_holder] -->Use promo code: <strong>howigrowmywealth<\/strong><!-- [et_pb_line_break_holder] --><!\u2013- [et_pb_br_holder] -\u2013><!\u2013- [et_pb_br_holder] -\u2013><!-- [et_pb_line_break_holder] --><\/p>\n<h1 style=\"text-align: center;\"><a href=\"https:\/\/www.goldmoney.com\/w\/howigrowmywealth\">Click Here to Open A Free Account Today!<\/a><\/h1>\n<p><!-- [et_pb_line_break_holder] --><!\u2013- [et_pb_br_holder] -\u2013><!-- [et_pb_line_break_holder] -->Goldmoney has put together a great video less than 3 minutes long that explains more of the benefits of this great investment.<!\u2013- [et_pb_br_holder] -\u2013><!\u2013- [et_pb_br_holder] -\u2013><!-- [et_pb_line_break_holder] --><\/p>\n<div align=\"center\"><iframe src=\"https:\/\/www.youtube.com\/embed\/6o3t3ArBB10?rel=0&#038;controls=0&#038;showinfo=0\" width=\"640\" height=\"360\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<p>[\/et_pb_code][et_pb_code]Depending on your jurisdiction, you can send Goldmoney\u00a0to others, and use it to pay for services. This is incredibly useful technology that has the benefits of physical Gold, with the ease of use for transactions that electronic currencies have.<!-- [et_pb_line_break_holder] --><!\u2013- [et_pb_br_holder] -\u2013><!\u2013- [et_pb_br_holder] -\u2013><!-- [et_pb_line_break_holder] -->I&#8217;ve determined that Goldmoney\u00a0is great way for me to have highly liquid, purchasing power preserving diversification outside of fiat currencies. It excels in four out of five of my Investment Goal Categories and could be a great addition to any portfolio.<!-- [et_pb_line_break_holder] --><!\u2013- [et_pb_br_holder] -\u2013><!\u2013- [et_pb_br_holder] -\u2013><!-- [et_pb_line_break_holder] -->Use promo code: <strong>howigrowmywealth<\/strong> and <a href=\"https:\/\/www.goldmoney.com\/w\/howigrowmywealth\">Sign Up Today<\/a><!-- [et_pb_line_break_holder] --><!\u2013- [et_pb_br_holder] -\u2013><!\u2013- [et_pb_br_holder] -\u2013><!-- [et_pb_line_break_holder] -->In the interest of full disclosure I own shares of Goldmoney traded on the Toronto Stock Exchange ticker: XAU.[\/et_pb_code][et_pb_text _builder_version=&#8221;3.27.4&#8243; border_style=&#8221;solid&#8221;]<img decoding=\"async\" class=\"wp-image-795 size-large aligncenter\" src=\"https:\/\/howigrowmywealth.com\/wp-content\/uploads\/2016\/05\/goldmoney-infographic-1024x725.jpg\" alt=\"\" width=\"1024\" height=\"725\" srcset=\"https:\/\/howigrowmywealth.com\/wp-content\/uploads\/2016\/05\/goldmoney-infographic-1024x725.jpg 1024w, https:\/\/howigrowmywealth.com\/wp-content\/uploads\/2016\/05\/goldmoney-infographic-300x213.jpg 300w, https:\/\/howigrowmywealth.com\/wp-content\/uploads\/2016\/05\/goldmoney-infographic-768x544.jpg 768w, https:\/\/howigrowmywealth.com\/wp-content\/uploads\/2016\/05\/goldmoney-infographic.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><br \/>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>9 December 2019 Update: With the levying of a $10 per month minimum account fee Goldmoney is no longer a low cost way to store physical gold. I no longer recommend Goldmoney and am on the lookout for a better way to store gold throughout the world. &#8220;Please note that there is a US $10 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":687,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A (Formerly) Low Cost Way to Buy and Store Physical Precious Metals - HowIGrowMyWealth.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/howigrowmywealth.com\/goldmoney\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A (Formerly) Low Cost Way to Buy and Store Physical Precious Metals - HowIGrowMyWealth.com\" \/>\n<meta property=\"og:description\" content=\"9 December 2019 Update: With the levying of a $10 per month minimum account fee Goldmoney is no longer a low cost way to store physical gold. 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