Gold bullions as a mechanism to preserve wealth and purchasing power
November 21st, 2007This has nothing to do with gold jewellery or things to be worn as ornaments, but rather investment tools: gold coins or ingots, to be stored in banks. Gold ingots are pure bullion cast into standard shapes, like bars.
Gold bullions have long been accepted as investments that can protect wealth and preserve one’s purchasing power. That means not just governments can have gold reserves, but individuals too.
Monex Deposit Company (MDC), established by the Carabini family and based in California is a company offering such products for sale. They can deliver them to you or store it for you at a safe location. They have been doing this for more than 30 years, and is one of the leaders in its field in the US, boasting the following:
- competitive prices
- transactions worth more than USD25 billion
- 80% repeat clients
- almost one third of new clients are referrals from existing ones