The Great Gold Rush, It’s not just Olympians Going for Gold!

Did we ever really loose sight of what gold really represents?  Did anyone consider replacing the ultimate Olympian symbol with dollar or Euro bills?  Not for one minute…pretty well everyone to some extent accepts the core intrinsic value of gold and the stability it brings in difficult times.

The bailout plan doesn’t really represent the fix, more acknowledgement of the mess and the official start of the action to resolve an enormous global credit crunch.  No one can be sure how much the money in their bank account will be worth over the next few years, and many investors are confident that gold won’t be be dragged down by current events.

If ever there was a need for a clear sign that private investors and savers don’t trust the politicians and bankers to handle the credit crisis effectively, we got it this week with savers and investors queuing in the streets to buy bullion and gold coins.

Investors aren’t just hedging their bets with a few thousand pounds worth of gold; two of London’s leading bullion dealers, ATS Bullion and Baird & Co., have reported that the rush for gold from individual savers and investors includes many who are buying hundreds of thousands of pounds worth of gold.  They even reported that at least two savers had invested their entire proceeds, even selling their homes to convert more that £500,000 into gold bullion!

At first reading you may think these are the actions of doom merchants donned in tin foil hats, eager to promote their end of the world theories.  On reflection though, with almost all property in UK destined to go down in value over the next 12 month and the vast majority of analysts predicting healthy rises in gold prices, they may have a point.

One thing is for certain, shrewd investors and the central banks have all voted on the side of gold.  The central banks have moved from being gold sellers to gold hoarders, the London Bullion Market Association have reported that they are working ever longer hours just to keep up with demand, and mints throughout the world are struggling to keep up with demand.

History has a tendency to repeat itself, and in times of financial turmoil gold has always proven to be the one safe haven from the storm.

Several years ago some analysts suggested that gold may have lost its iconic status, more probably it was just masked by the smoke and glass that has so very effectively hidden the real state of our financial markets over the past few years.

Historically it would have only been the lucky few who had the means and the ability to buy bullion during times of financial turmoil, the rest of us would have had to just go with the flow and count what was left at the end.  Today, technology and the internet now make it possible for just about anyone to create their own personal gold bailout plan, enjoying the advantages and security that gold brings in uncertain times.

BullionVault .com have developed ground breaking technology to make it simple for savers even with limited sums to invest cheaply and safely into bullion online.  Doug Richard with the Financial Times said: “ideas like this don’t come along very often.  This is a high quality website.”

You can download a full report about the benefits of gold investment and claim a free gram of investment grade gold here!