Everest Gold: What you need to know before investing

Everest Gold is a Singapore fintech company working to make gold trading and investment accessible and affordable for retail investors on a secure online platform. It employs advanced technology which allows clients to track real-time gold prices as they seamlessly build, invest, trade and sell their gold portfolios.

Investors do not need any specialised trading experience to yield higher profits when investing in gold via Everest Gold. Simply buy when the price of gold is low and sell when price is high to get instant profits! With zero transaction fees and no minimum amount required, take advantage of price movements to execute unlimited trades! Everest Gold is truly the most affordable and accessible platform for retail investors to start investing in gold today.

Read: How To Maximise Your Returns Investing In Gold With Everest Gold

Investment safety

Even more reassuring is the fact that Everest Gold recognises that being able to invest in a safe and secure portfolio is often the utmost important criteria in the minds of investors. Therefore, it has made investment safety and security its top priorities. To ensure that its customers have peace of mind while trading gold, it has entered into a tripartite supervision agrrangement with Pacific Trustees Singapore and Malca-Amit. This ensures that no party can unilaterally exercise its rights over the gold. Here is how each party plays a part in ensuring investment safety for clients trading on Everest Gold’s platform.

Third Party Custodian

Pacific Trustees Singapore is appointed as the gold custodian in the Everest Gold and the appointment. After users purchased gold on the platform, the ownership of the gold is transferred to PTS. Investors can rest assured that Everest Gold has no authority over gold assets.

With over 25 years in business under the Pacific Trustees Group International, Pacific Trustees (Singapore) Ltd (“PTS”) has over 4 years of experience in the corporate and individual trust. PTS provides a comprehensive end to end clearing and Trustees services for global and domestic equities and fixed income securities. As a fully licensed Trust Company by Monetary Authority of Singapore, PTS has full capabilities to provide for full range of trust and other related services thereto for major domestic corporates and regional corporates and financial institutions.

Third Party Storage

Malca-Amit, an international vault chain established since 1963, provides storage of luxury goods for high net worth individuals and internationals banks. Its global team of experts have vast experience over logistics, security, customs house and special operations. Malca-Amit has over 70 offices in 40 countries worldwide and uses highly secured and strategically located facilities.

Gold purchased by customers on Everest Gold’s platform is fully insured and stored securely in Malca-Amit’s state of the art facility located in the Singapore Freeport.

Regular Audits by Professional Company

Everest Gold has appointed a professional firm, Crowe Horwath First Trust LLP (“Crowe Singapore”) to perform independent verification of its gold supply, gold reserves and gold collection, on a quarterly basis, in accordance with Singapore Standard on Related Services. This is to ensure amount of digital gold issued on the platform is equivalent to amount of physical gold stored in the vault.

Crowe Singapore is part of an international professional services network, Crowe Global. Ranked as the eighth largest global accounting network, Crowe Global consists of more than 200 independent accounting and advisory services firms in close to 130 countries around the world.

The tripartite supervision arrangement between Malca-Amit, Pacific Trustrees Singapore and Everest Gold will allow retail investors to trade safely and securely while building up their dream gold portfolio. Investing in gold has never been safer.

Everest Gold is available for download on Android, iOS and desktop.

For more information, visit https://everestgold.sg

In line with this year’s National Day celebrations, Everest Gold will be giving 400,000 reward points (worth 55 SGD) for every new-sign up upon successful account verification. Reward points can be converted to gold during Gold Subscription Events. Enter referral code “WAVTW” when you register your Everest Gold account. Promotion valid from 8 to 31 Aug.

 

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How To Maximise Your Returns Investing In Gold With Everest Gold

The arguments of having gold in your investment portfolio have already been well articulated by scholars, but do you know how to go about doing it in Singapore in a cost-efficient manner?

The traditional way of buying gold jewellery and passing it down to the next generation is highly cumbersome and costly. Purchasing gold bars from a bank and storing them in a vault will not be cheap either. Fret not, your chance to start building your own dream gold portfolio is finally here with the launch of Everest Gold in Singapore.

Traditional Ways Of Investing In Gold

The most traditional way of investing in gold is to purchase and store gold jewellery at home while waiting for capital appreciation. However, this is a costly way of investing in gold because of leakages such as workmanship costs and 7% GST on the purchase price.

The other way of investing in gold is to purchase gold from the banks. However, there is often a minimum quantity to purchase which may put it beyond the reach of retail investors who do not have a significant amount of money to set aside in the first place.

Purchasing gold directly from the banks is also not a cost-effective way of investing in gold because of the significant bid-ask spread and storage fee charged by the bank. Bid-ask spread at the bank could go as high as 30% while storage fees are often levied as a separate service charge at 0.25% of the current portfolio. All these fees significantly dilute the returns investors can potentially make from gold.

An Elegant and Tech-savvy Solution To Own And Trade Gold

To maximise your returns from investing in gold, you should own and trade gold on Everest Gold. Everest Gold is a fintech company working to make gold trading and investment accessible and affordable for retail investors on a secure online platform. Everest Gold uses 999.9 pure investment-grade gold. Its 1kg gold bars are obtained from Metalor Technologies Singapore Pte. Ltd, which is a wholly-owned subsidiary of Metalor Technologies International SA, the leading worldwide precious metals refiners based in Switzerland.

Everest Gold employs advanced technology which allows clients to track real-time gold prices as they seamlessly build, invest, trade and sell their gold portfolios. Here are the key cost advantages of using Everest Gold to invest in gold:

  • Affordable: No minimum amount required such that the capital investment is low. Start trading gold from as low as 0.01g of gold!
  • Trade with peace of mind: Your investment assets are fully insured.
  • Lower gold price: Benchmarked against international gold price, price of gold sold on Everest Gold is significantly lower than banks (USD$0.558 vs USD$0.783 per 0.01 of gold) during its Gold Subscription Event
  • Maximise Returns: No transaction fees mean all your principal are invested in the possible capital appreciation of gold
  • Accessible: 24/7 trade for instantaneous liquidity, something which the banks cannot provide

Additionally, investors do not need any specialised trading experience to yield higher profits when investing in gold via Everest Gold. Everest Gold is truly the most affordable and accessible platform for retail investors to start investing in gold today. Say no to workmanship cost, GST, high bid-ask spread and storage fees once you start investing in gold via Everest Gold.

Everest Gold is available for download on Android, iOS and desktop. 

For more information, visit https://everestgold.sg 

Enter referral code “WAVTW” when you register your Everest Gold account. Be rewarded with 300,000 reward points (worth US$30) for each successful account verification. Promotion valid till 31 July 2020.

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Can you Mine Gold in South East Asia?

There is a long history of gold mining activity in the south eastern corner of Asia. There is abundant archaeological evidence that gold mining was being carried out in the ancient days. Many of the countries in the region including Vietnam and Cambodia have newly discovered deep shafts with mineral deposits in various locations. There is a multitude of ancient temples that are covered in gold such as the Shwedagon Paya in Myanmar. There are literally hundreds of others adorned in gold leaf that are to be found in Thailand. In fact there is so much gold on display that the area has long been known by the nickname of the Golden East. Over the centuries gold has inevitably been sourced from local gold mines in the region.

The Largest Gold Mine in the World

Gold mining is currently a prolific and profitable industry in the south eastern area of Asia. China is currently the largest producer of mined gold with an estimated annual output of almost five hundred tons but it is Indonesia that has the distinction of being the home of the world’s largest gold mine. It is to be found in the Sudiman Mountains in the Papua district of the country and is at an altitude of fourteen thousand feet. Gold mining has only been in operation in the mine for the last three decades but there are rich seams of this lustrous, precious metal that promise to produce substantial amounts of gold for many more years to come.

Gold Mining Output

Although China has the privilege of being the region’s largest producer, there are other countries in South East Asia that are also making significant contributions. Countries such as Uzbekistan has the Muruntau gold mine with reserves of deeply situated gold of up to an estimated 170 million ounces which will last for years. The Philippines is currently forging ahead with lucrative gold mining activities. Investors are eager to continue seeking the vast reserves which are thought to be potentially huge. The Philippines currently produces around forty-six tons.

Buying Gold

India is one of world’s most prolific purchasers of gold particularly in the twenty-four carat pure form but mining activities in the country are limited and produce only a small amount of below one per cent of the global output. When you want to invest in gold or gold mines in south east Asia contact Indigo Precious Metals.

 

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Forex Vs. Commodity Market

Forex market is such a fascinating market in the world that everyone wants to invest and make the profit. The main reason behind this fascination is the quicker and bigger profit that you can make if you play smartly. Lots of patience and experience is required to make your every trade end in something positive. Quicker and timely decision can be handy in this game.

Observing the charts is not enough most of the times. Most of the online guides and tips tell you a lot about candlestick forecasting and predictions, but this is not just enough. We have the examples where all the calculations, mathematics and predictions failed about candlesticks and charts, and well-experienced predictor had to bear some significant loss. Why this just happened to them?

As I mentioned earlier that you have to be extra smart. You have to keep in mind everything that can change the value of the currency you are dealing with. It can be some news, some government policy, some accident, some event or even a war. You will have to keep an eye on such things which can affect the decision of the people about buying or selling of the currency pair you are dealing in.

There are individual websites which make your job more comfortable if you are trading with them. They can give you specific advice about buying or selling. They may show you the live charts, graphs, prediction theories and calculations and news bytes as well which may have any impact on the forex market. But again, you have to be extra smart so don’t rely on the news and information of a single website. Double verify everything before taking any decision in Forex Market.

Some people don’t want to deal in Forex Market rather they prefer to trade in commodities. Forex market is much volatile, and you can lose your investment in just a blink of an eye. It is not that case when you are dealing in commodities. Normally there are not such sharp jumps in the prices of commodities how much ever big the news is.

So, to trade safely, most of the people prefer to buy or sell commodities like Gold, Silver, Oil, and Copper. These are widely traded commodities worldwide. Oil and Gold are most traded commodities. The reason behind this preference is that Oil and Gold act more like currency pairs. You can see some sharp increase or decrease in the price of Oil and Gold.

If you want to trade in Oil or Gold, then you must keep an eye on news and charts for Oil and Gold Forecast. If you are confused, don’t invest rather wait or consult some expert. Doubts in your decisions can lead you towards loss. If you are new, follow some expert traders. Following option can be found on most of Fore Trading websites. Following some expert will let you learn and earn at the same time. But don’t follow blindly instead consider every action in trade and try to find out the reason behind every decision and soon people will be following you.

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Three of the Best Investment Options to Consider

Investing is a pursuit that suits many. An ideal means of increasing your income and boosting your bank balance, it also offers excitement, challenge, and complexity to those seeking a new and compelling pastime.

It’s common for those thinking of investing to struggle at the start of their venture. Many people simply don’t know where to begin, and with so many instruments and options to consider, this is hardly surprising.

So, to help you gain a head-start, here are three of the best investment options to add to your portfolio…

#1: Precious Metals

Precious metals are always a good starting point for those who choose to invest, and this is largely down to their ‘safe haven’ properties. Gold, in particular, tends to hold its value during periods of economic turmoil, and indeed often sees an increase in its price tag when times are tough. Silver acts in a similar way, but has the added advantage of enjoying a surge in popularity thanks to its growing usage in industry. With products as diverse as cars, cameras, and even industrial machinery utilising it, it’s worth looks set to continue booming throughout 2016, making it an ideal addition to your portfolio.

#2: Forex

For those looking for a more high-risk venture than precious metals can offer, the foreign exchange might be worth considering. Trading around the clock, the currency markets are flexible, accessible, and have the potential to be highly profitable. Indeed, with a reputable broker like OANDA to aid them, many investors enjoy significant successes. Although the risks can be just as great as the potential rewards, forex trading remains an ideal challenge for those looking for excitement, exhilaration, and the chance to make big money.

#3: Shares

Thirdly and finally, look at investing in shares. The stock markets are filled with a wide variety of different businesses, all offering you the opportunity for part ownership. A lot of inexperienced investors, in particular, gravitate towards these, thanks to the familiarity of the names that you’ll be trading. Offering a unique chance to play a role in the future of your favourite companies, as well as the possibility of making some tidy profits, the stock markets can be an ideal addition to any investor’s portfolio.

Choosing the assets that you add to your portfolio is essential to your success on the financial markets: choose well, and profits are there for the taking; choose poorly, and you could scupper your opportunities. Do your research, make your selection with care, and secure the future you’ve been dreaming of.

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