The first one is called gold certificates. These are only offered by the Perth Mint Certificate Program, currently the only type of its kind in existence. Among experts, it is considered to be one of the most secure methods of buying gold.
The best part? There are no fees for storage, shipment, etc so you get out of the transaction clean as a whistle. In the coming weeks, people will be able to trade these certificates online. These are considered to be liquid, and may even be substituted for cash in some locations!
Well, maybe not. But nothing says you couldn’t hop over to your local commodity exchange website, sell your certificate for an ounce of gold, and then go shopping at Amazon.com! Or you could give one as a birthday present. The possibilities are endless!
Digital gold is another method of investing in gold which is on the rise. These are similar to the middlemen of the internet world. Unregulated small businesses that sprung up out of a consumer need. Because of this, there is slightly higher risk when dealing with companies which offer this form of investment. There is one company out there which has proven that its the real deal: Bullion Vault! Their user interface is so simple and they make ordering thousands of dollars worth of gold so easy, even your 4 year old who stole your credit card and snuck online while you were sleeping can do it!
The last type of investment is called an allocated account. This is when you have someone who purchases a large amount of gold which will get shipped to a storage facility. In other words, this is when you mass order gold bars and coins and they agree to ship your order to your offshore bank.