BullionRock Managing Director Robin Newbould looks at
the precious metals' markets and the differences in the way
onshore and offshore approach such investment. Focusing on
Guernsey, where his firm is headquartered, he considers the primary
points of note for bullion investors deciding between onshore or
offshore and whether to hold the physical asset or a paper
alternative.
Physical bullion
There is a commonly-held view that offshore private client
investors are comparatively better equipped and more willing to
diversify their portfolios into slightly 'off the beaten
track' asset classes than onshore investors. When it comes to
bullion, though, the merit of the asset is its consistency: a 1kg
999.9 pure gold bar is a 1kg 999.9 pure gold bar no matter where
you live, what language you speak and what fiat currency you use to
buy it. Investors from literally every continent of the world hold
bullion offshore – each of the shared opinion that bullion
exposure should
