James Turk is an accomplished investor, author and economist whose website Goldmoney.com is revolutionizing how precious metals are sold online. However, the initiatives of Goldmoney.com and James Turk do not stop here. Through his website, James Turk is also completely re-evaluating how people think of precious metals specifically and investments as a whole. Perhaps the most inspiring achievement of James Turk and the website Goldmoney.com is not the fact that they are continually successful in a volatile and unpredictable economy, but in the fact that they are teaching others how to do the same thing.
James Turk, the chairman of Goldmoney.com, has been at the forefront of the international banking and finance industries since 1969. He worked his way up from a job at Chase Manhattan Bank to an appointment as manager of the Commodity Department of the Abu Dhabi Investment Authority. Perhaps more impressively, he has kept up a steady stream of literature which educates the neophyte investor about banking and money, and gives much of this information away for free on his website. He has shown a prescience in the market that few have in his book "The Coming Collapse of the Dollar."
The Goldmoney.com website was founded by James Turk with his son Geoff in the year 2001. Since then, the business has shown consistent growth, even through the many financial crises between the year 2001 and today. Consumer assets for the business actually accelerated during the economic crisis of 2008 as some people looked for safe ways to invest and protect their money from the volatile market.
As the business stands now, Goldmoney.com is home to many different ways to invest in the precious metals market.
Goldmoney.com has a mission to be the absolute best way to buy physical gold, platinum, palladium and silver. Goldmoney.com also stores the precious metals for its clients and secures the safety of the investments.
Goldmoney.com is unique in the many features that are offered on its website. Not least among these features is an archive of the many articles written by James Turk about the precious metals industry. One of the most interesting of these articles as well as one of the most educational is a piece which actually questions gold as an investment, and what it should actually represent to you in your investment portfolio - a must read in my opinion.
Goldmoney.com also offers refreshingly transparent pricing on precious metals. They have introduced gold bar testing and independent audits for their company to make it easier for investors to trust them. It is also possible for investors to take physical delivery of their precious metals at any time. The website also has a very prominent "give feedback" tab in the bottom right-hand corner, an encouraging feature in the sometimes unscrupulous market of precious metals dealers, to be sure.
As a matter of fact, one of the most prominent character traits of the website is its pristine organization. On the website, they give away the names of their regulatory agencies and even their business structure, as well as their main office, a practice that is not common in the world of the virtual economy and the invisible dealer.
In the chaos of the internet, James Turk and Goldmoney.com are sticking to some old-school business practices that are working quite well for them. Both the man and the website seem to prove that you do not have to be unscrupulous in order to make a buck these days - even better, you can be honest and actually help people, and this will be rewarded. This is perhaps the most important innovation that James Turk and Goldmoney.com give to us.