Dip into the Crisis

It's an interesting times we live in. The experts say that the last time it happened was the Great Depression 70 years ago. Now it's happening all over again. While this affects us all in many ways, and alas in bad ways rather then good, it is also a time that makes poor people rich and rich people poor. There are some up sides in any crisis and this one is no different.

What do you have to do to protect your wealth or even increase it during the crisis? While there are many answers, the most feasible way by far is gold. The universal currency that has seen the aeons go by, that is stable enough, and that has an increased value when all other markets fail.

Now I'm not telling you to buy gold like mad, but a certain degree of diversification is healthy. Not only you should have your money kept in different currencies, but gold as well as other assets (such as a bag of potatoes in case of the worst). That would not only protect your wealth, but in case the hopes of optimists fulfill and the gold price goes up ten fold, your wealth has a good chance to go up as well. That's how the rich are made.

Buying gold is easier than you'd think. You can buy it from local brokers, and even through online services. BullionVault.com is such a service. Founded in 2005 this gold bullion exchange and physical storage provider based in London, allows to buy, keep, and sell gold online as easy as paying your bills online. It is also the most secure service available on the Internet, and reportedly stores 7,539 kg of gold as of June 2008. What I personally like about it, is that not only you obtain gold that is kept for you in vaults in London, New York and Zurich, but if needed you can get it delivered to your home. Indeed, it is one of the best services to buy gold our there.

Finally, to give you a start, BullionVault.com gives you 1 g of gold in one of the vaults. In the economical environment we live in today, it's something you just have to look into.