GoldMoney is an online purchase and storage program for gold, silver, platinum, and palladium, run by our friend James Turk. This is someone we know well and who shares our view that gold is "money."

It’s relatively easy to sign up if you live in the U.S., Canada, or one of 42 other "fast track" countries. There’s no minimum purchase, and you can store your holdings in London, Zurich, or Hong Kong.

Your account at GoldMoney is called a "holding," and you can chose a basic or full holding. The full holding option gives you access to their digital currency feature, where your "goldgrams" can be used to make payments to other customers in one-gram increments, take delivery (100-gram minimum for gold), and other benefits. The digital currency feature at GoldMoney is used sparingly by customers at this point, perhaps due to minimum charges that make it expensive for small payments (though cheap for large ones). Trading still requires you to enter your own buy and sell orders, but unlike BullionVault the price offered is the prevailing bid or ask.

To fund your account, a wire transfer is the only method available for U.S. and Canadian residents.