Toronto, ON, Canada – January 31, 2013 – As worldwide economic conditions continue their gyrations and uncertainty remains part of the financial landscape, the reasons for owning bullion as the most intelligent strategy for long-term capital preservation grow stronger every day. In response to this demand for physical bullion, Bullion Management Group Inc. (BMG) is pleased to announce that Guam-based Bullion Investment Corporation (BIC) has qualified to become a BMG BullionBars Authorized Dealer based in Hagåtña, the capital city of Guam serving Micronesia. This brings the global BMG dealer network to 59 dealers operating in 18 nations.
“The BMG BullionBars program is a significant offering for Bullion Investment Corporation clients,” says Ashley Roland, AIF®, President and CEO at BIC. “Not all bullion investments are created equal, with many paper certificates and leveraged schemes that do not adhere to the requirement for ultimate safe-haven wealth preservation. After performing our own extensive due diligence, we’ve determined that BMG has set a global standard in providing secure, cost-effective and transparent ways to purchase and store uncompromised bullion that offers titled ownership with no counterparty risk. Clients may decide on vault storage among three locations around the world, and take delivery of their bullion at any time, adding to the strong BMG BullionBars program value proposition.”
“BMG is very pleased to welcome Bullion Investment Corporation as our newest dealer and we look forward to a long relationship,” says BMG’s Executive Vice President Paul de Sousa. “No other asset class offers the combination of downside protection and upside potential as precious metals bullion. Given the current economic situation, BMG believes that now is the time for individuals to move from fiat currency-based assets to bullion to minimize the real impact of inflation and offer true portfolio diversification.” Bullion Investment Corporation will offer BMG investment products effective immediately.
The BMG BullionBars™ program enables individuals to purchase Good Delivery gold, silver and platinum bullion and store the bars on an allocated and insured basis in an LBMA member vault in Toronto, Hong Kong or New York. Alternatively, BMG BullionBars™ are available for delivery at any time at the request of the client.
With each bullion bar purchase, ownership of the bar is transferred to the purchaser and evidenced with a unique Bullion Deed issued in the client’s name, showing the bar weight, assayer, purity and bar serial number. The BMG BullionBars program ensures that the purchaser holds undisputed ownership of the bars in storage on an allocated and insured basis. Bars held in allocated storage do not form part of the custodian’s assets and may not be leased into the market or used in any way.
About Bullion Investment Corporation
Bullion Investment Corporation (BIC) is based in Hagåtña the capital city of Guam. BIC provides precious metals purchase and storage programs for private and public institutional investors throughout the Micronesia region. BIC President and CEO, Ashley K. Roland, AIF®, works with a strong network of investors interested in holding Good Delivery bullion which provides real wealth protection and portfolio diversification beyond traditional asset classes. BIC consistently displays sound business practices, integrity, transparency and stewardship of finances, resources and the environment. For more information about Bullion Investment Corporation, how to purchase uncompromised bullion, please contact BIC for a confidential discussion: [email protected]
About Bullion Management Group Inc.
Toronto-based Bullion Management Group Inc. is a precious metals bullion management company with over CDN$580 million of bullion Assets Under Management. The company is an Associate Member of the London Bullion Market Association (LBMA). The BMG BullionBars program is for high net worth clients and wealth managers seeking to purchase Good Delivery, uncompromised physical bullion bars with allocated storage or optional delivery. BMG also manages three mutual funds: BMG BullionFund is the world’s first and only open-end mutual fund trust that purchases directly equal dollar amounts of unencumbered gold, silver and platinum bullion; BMG Gold BullionFund is an open-end mutual fund trust that purchases gold bullion; and the Gold Advantage Return BullionFund couples monthly fixed cash distributions with an underlying asset of physical gold. For more information on BMG, please visit: www.bmgbullion.com