SendGold

August 27, 2019

This week both J.P. Morgan and Bank of America advised their biggest clients to buy gold to protect their wealth in worsening economic conditions.

J.P. Morgan’s Private Clients

This week J.P. Morgan’s Private Client division released a recommendation to buy gold to their biggest institutional clients. Their recommendation echoes what we at SendGold have been discussing since our inception:

We believe the U.S. dollar could become vulnerable to a loss of value relative to a more diversified basket of currencies, including gold.

J.P. Morgan holds USD $2.089 trillion in assets for these customers and they recommended they should now invest 5% of their portfolios into gold:

Bank of America Investment Recommendation

Echoing J.P. Morgan, today Bank of America issued a research note to its largest investment clients. In it they stated the unthinkable: that the extraordinary central bank actions we’ve seen since 2008 (so-called “quantitative easing”), might fail altogether:

"The risk of quantitative failure, which was not a concern in 2008, makes gold an attractive asset. "

The B of A report includes the following chart comparing the gold bull market following 2008 with conditions today. The implication is that the current gold price rally still has a long way to run:

In our long experience in markets, investment recommendations are only rarely this definitive. But more importantly, the fundamental reason to own gold - as an independent hedge against financial market uncertainty - is now stronger than ever.

 

Download our new App now and BUY GOLD WITH NO TRANSACTION FEES through midnight AEST 1 September 2019.

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SendGold

August 27, 2019

This week both J.P. Morgan and Bank of America advised their biggest clients to buy gold to protect their wealth in worsening economic conditions.

J.P. Morgan’s Private Clients

This week J.P. Morgan’s Private Client division released a recommendation to buy gold to their biggest institutional clients. Their recommendation echoes what we at SendGold have been discussing since our inception:

We believe the U.S. dollar could become vulnerable to a loss of value relative to a more diversified basket of currencies, including gold.

J.P. Morgan holds USD $2.089 trillion in assets for these customers and they recommended they should now invest 5% of their portfolios into gold:

Bank of America Investment Recommendation

Echoing J.P. Morgan, today Bank of America issued a research note to its largest investment clients. In it they stated the unthinkable: that the extraordinary central bank actions we’ve seen since 2008 (so-called “quantitative easing”), might fail altogether:

"The risk of quantitative failure, which was not a concern in 2008, makes gold an attractive asset. "

The B of A report includes the following chart comparing the gold bull market following 2008 with conditions today. The implication is that the current gold price rally still has a long way to run:

In our long experience in markets, investment recommendations are only rarely this definitive. But more importantly, the fundamental reason to own gold - as an independent hedge against financial market uncertainty - is now stronger than ever.

 

Download our new App now and BUY GOLD WITH NO TRANSACTION FEES through midnight AEST 1 September 2019.

  •  


SendGold

November 22, 2017

Let’s talk Ownership & Security. With many investments, intermediaries exist between you and actual ownership of the underlying asset. In almost every instance when you buy shares, bonds, or funds from a broker, for example, your name is not actually on the share or bond certificate. As FINRA says on their website, “When an investor opens an investment account, the stocks and bonds he or she buys are registered in the issuer’s books as belonging to the brokerage firm”. With SendGold by contrast you obtain outright individual legal title to your investment asset. In other words, there’s no confusion or ambiguity. It’s yours. All SendGold gold is at least 99.95% pure, is audited by Bureau Veritas, held in Australian vaults operated by Brink’s Global Services, and insured by Lloyd’s of London. Bureau Veritas has been in the business of protecting investor assets since 1828. Brink’s has been in the custody business since 1859. Lloyd’s of London has been in the insurance business since 1686. During the GFC many investment promises turned out not to be worth the paper they were written on. With SendGold you get physical gold that you own, safeguarded by some of the oldest companies in the business, not just paper promises for assets that are owned by somebody else. For more information visit ‘how it works‘ or our ‘terms of use‘ pages.