BullionStar in the News

Al Khaleej, a United Arab Emirates-based daily Arabic-language broadsheet newspaper, translated and published a detailed article called "Why It’s Time to Stop Taxing Gold & Silver," which was written by BullionStar's North American Marketing Director, Jesse Colombo.

In the article, Jesse makes the case for ending capital gains taxes on gold and silver bullion because much of the long-term price appreciation is due to paper money losing its value as a result of bad government and central bank policies. Investors hold physical precious metals to protect their hard-earned wealth from being eroded by those bad policies and are merely looking to preserve their wealth rather than "get rich quick." It is, therefore, unfair for the U.S. government to tax those gains that are merely hedging investors and savers against the government's faulty policies.

Berita Harian, the only Malay-language broadsheet newspaper in Singapore, has published an article about investing in physical gold, which extensively quotes BullionStar. The article, which in English is titled “A 'Golden’ Opportunity to Overcome Inflation”, quotes BullionStar’s Ronan Manly.   

"BullionStar Precious Metals Analyst, Mr. Ronan Manly emphasized that the purpose of gold investment is not to generate income, but gold is a store of value and a method of wealth preservation.”

"'We notice that Malay customers prefer to buy small-sized ingots, especially the elderly because they are easier to divide for inheritance', explained Mr. Manly."

A website version of the Berita Harian article, published on October 16, 2023 (subscription needed to read) can be seen here https://www.beritaharian.sg/ekonomi-kerja/peluang-emas-atasi-inflasi

In this documentary by Channel News Asia, BullionStar's CEO Luke Chua discusses Singapore's 225 tons worth of gold reserves and shows what 1 ton of gold bars looks like in order to put the country's gold reserves into perspective. The filming of that segment (from the 11:46 to 15:35 minute mark) occurs inside of BullionStar's precious metals vault.

BullionStar U.S. was a contestant in the Bullion Dealer of the Year Awards 2023 that was organized by global bullion dealer listing website Bullion Directory. Over 1,600 gold dealers competed, 72 dealers were shortlisted, 36 finalists were chosen, and 6 dealers won. A total of 36,285 votes were cast.

Though BullionStar only entered into the U.S. market in January of 2023, we are proud to have won second place (Silver) in the “Best Precious Metals News, Analysis & Education” category and third place (Bronze) in the “Best E-Commerce Company” category. We anticipate even better results in future Bullion Dealer of the Year Awards as we ramp up our U.S. expansion plans, so stay tuned!

In this piece by the South China Morning Post, BullionStar’s CEO Luke Chua provided his comments on the robust demand for gold bullion after several major U.S. banks failed in the spring of 2023, including Silicon Valley Bank and First Republic bank.

Click here to read a non-paywalled version of this article.

In this piece by Bloomberg, BullionStar’s Precious Metals Analyst Ronan Manly commented on the aggressive recent gold purchases by Singapore’s central bank, the Monetary Authority of Singapore (MAS). The central bank purchased 44.6 tonnes of gold, which increased Singapore’s total monetary gold reserves to 198.4 tons.

According to Manly, “This is Singapore’s second-largest gold purchase ever in one month…the biggest was in 1968, when it bought 100 tons from South Africa.”

In this piece by OilPrice.com, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding the Monetary Authority of Singapore’s recent gold purchases.

In this piece by the famous Gold Newsletter, BullionStar’s Precious Metals Analyst Ronan Manly is quoted for his thoughts on the shortage of physical silver and how it would likely exacerbate a “silver squeeze.”

In this piece by Russia Today, BullionStar’s Precious Metals Analyst Ronan Manly is interviewed for his thoughts on the potential for a Russian ruble backed by gold and how it would affect the global energy markets and monetary system.

In this piece by Bloomberg, BullionStar’s Precious Metals Analyst Ronan Manly is quoted for his thoughts on the Monetary Authority of Singapore’s US$1.5 billion gold purchase and why it may have preferred to accumulate gold quietly without generating much fanfare and attention.

Click here to read a non-paywalled version of this article.

In this piece by the famous Gold Newsletter, BullionStar’s Precious Metals Analyst Ronan Manly is quoted for his thoughts on the “paper” gold rout that occurred at the same time that physical gold demand was surging.

In this piece by Bloomberg, BullionStar’s Precious Metals Analyst Ronan Manly is quoted for his thoughts on the cooling of the Reddit “Silver Squeeze,” and how demand and premiums for silver bullion coins are still high in Singapore.

Click here to read a non-paywalled version of this article.

In this piece by the Financial Times, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding the mass transference of gold from Hong Kong to Singapore by wealthy investors.

In this Vietnamese language piece by Zing News, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on global monetary easing policies and how they are beneficial for the price of gold.

In this piece by Bloomberg, BullionStar is quoted regarding the tremendous demand for physical gold that global bullion dealers around the world experienced during the pandemic environment and period of supply chain disruption.

In this piece by the Financial Times, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on the physical gold shortages and rising bullion premiums that occurred at the start of the COVID-19 pandemic.

Click here to read a non-paywalled version of this article.

In this piece by popular finance site ValueWalk, BullionStar is quoted regarding the growing disconnect between the physical gold market and the “paper” gold market. 

In this piece by Reuters, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on the surging demand for physical precious metals bars and coins in Singapore during the early stages of the COVID-19 pandemic.

In this piece published by Zero Hedge, BullionStar’s Precious Metals Analyst Ronan Manly discusses Bank of Russia’s aggressive accumulation of gold.

In this piece by the Financial Times, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on the JP Morgan board member indictment due to alleged precious metals market manipulation.

In this piece by Financial Times, BullionStar’s CEO Torgny Persson is quoted regarding his views on investors transferring their gold from Hong Kong to Singapore and other jurisdictions amid Hong Kong’s political crisis and civil unrest.

Click here to read a non-paywalled version of this article.

In this piece by Reuters, BullionStar’s Customer Service Manager See Hong Kang is quoted regarding his views on demand for silver bullion along with the gold/silver ratio.

In this piece by RT.com, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on Hungary and Poland’s gold purchases and gold repatriations from the Bank of England.

In this piece by Reuters, BullionStar’s Customer Service Manager See Hong Kang is quoted regarding his views on safe-haven demand for gold bullion due to the U.S. trade disputes and protests in Hong Kong.

In this piece by Reuters, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on the technical picture for the gold market.

In this piece by Reuters, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on the U.S. dollar’s trajectory, Fed comments, and technicals and how they are expected to affect the price of gold.

In this Spanish language piece by RT.com, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on China and Russia’s growing gold reserves and how it could result in less dependence on the U.S. dollar.

In this piece published by Zero Hedge, BullionStar’s Precious Metals Analyst Ronan Manly discusses Italy’s gold reserves and the political debate whether to keep it or sell some to cover spending plans.

In this piece published by Zero Hedge, BullionStar’s Precious Metals Analyst Ronan Manly discusses Bank of England’s refusal to return 14 tons of gold requested by Venezuela and the risk of this type of refusal happening to other nations as well.

In this piece by Reuters, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on the most important technical levels to watch in gold.

In this piece published by Zero Hedge, BullionStar’s Precious Metals Analyst Ronan Manly discusses Bank of Russia’s aggressive accumulation of gold.

In this piece published by Zero Hedge, BullionStar’s Precious Metals Analyst Ronan Manly discusses Bank of England’s refusal to return 14 tonnes of gold requested by Venezuela and the implication of this refusal.

In this piece by Reuters, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on gold’s key technical levels and the effect of U.S. dollar strength on the price of gold.

In this piece published by Zero Hedge, BullionStar’s Precious Metals Analyst Ronan Manly discusses Banque de France and JP Morgan’s plans to partner together to expand in  the secretive and mysterious world of gold lending and central bank gold trading.

In this piece by Univision News, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on Venezuela’s gold withdrawal request that is being delayed by the Bank of England, and why the delay is likely to be at the request of the White House, the US Treasury, and the US State Department.

In this piece by Reuters, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on the U.S. Federal Reserve’s interest rate thinking, the Italian budgetary drama, and the U.S.-China trade war.

In this piece published by Zero Hedge, BullionStar’s Precious Metals Analyst Ronan Manly discusses the Bank of England’s refusal to return 14 tonnes of gold requested by Venezuela and the dangerous precedent that it sets.

In this piece by Reuters, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on gold bullion demand in Singapore around the time of the Diwali festival.

In this piece by Reuters, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on the factors that are driving safe haven demand for gold, including Fed interest rate hike concerns, the Italian budgetary drama, the global oil price rally, and the U.S.-China trade war.

In this piece by Reuters, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on safe-haven gold buying in Singapore.

In this piece by Reuters, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on U.S. dollar strength and how it’s suppressing the price of gold.

In this piece by Reuters, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on gold’s key technical level at $1,200 and how retail customers are reacting to gold crossing above and below that level.

In this piece by the Wall Street Journal, BullionStar’s CEO Torgny Persson discusses how tech-savvy precious-metal investors in South-East Asia are going online for their bullion purchases rather than buying in physical shops.

In this piece by RT.com, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on gold’s superiority as a long-term store of value and inflation hedge along with the risks of holding wealth in fiat or “paper” money.

In this piece by RT.com, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on gold price suppression by the world's central banks and the mechanisms used to suppress the price of gold.

BullionStar has won the Bullion Dealer of the Year award in the “Rest of World” category in Bullion Directory's 2018 awards.

In this piece by RT.com, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on the lack of integrity of U.S. gold reserves, which is why the U.S. government never allows full independent audits of its gold holdings.

In this interview with Jay Taylor on the VoiceAmerica business channel, BullionStar’s Precious Metals Analyst Ronan Manly discusses the fractionally-backed gold markets and the comparison between implied gold price and money supply.

In this interview with the Wall Street Journal, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on the gold reserves claimed to be stored in the New York Federal Reserve’s Manhattan vaults, and why there is good reason to be suspicious of the NYFED’s claims about the quantity of gold it actually stores on behalf of foreign central bank clients.

Click here to read a non-paywalled version of this article.

In this piece by Citywire, BullionStar’s Precious Metals Analyst Ronan Manly is quoted regarding his views on the launch of gold futures on the Hong Kong Stock Exchange (HKEx).

CodeTract, a startup that develops smart contracts on Ethereum has partnered with BullionStar, Singapore’s premier bullion dealer, to issue gold tokens on Ethereum that are fully backed by gold stored in BullionStar’s vault.

In this piece by The Straits Times, BullionStar’s Sales and Operations Manager Mr. Luke Chua is quoted regarding his views on the sharp surge of physical gold bullion buying by Singaporean investors.

In this piece by The Straits Times, BullionStar’s CEO Mr. Torgny Persson is quoted regarding his views on the strong U.S. dollar and how it is affecting the gold bullion market.

In this interview with SG Wealth Builder, BullionStar’s CEO Mr. Torgny Persson discusses his views on the U.S. economic recovery, the unsustainability of the global monetary system, the benefits of doing business in Singapore, and BullionStar’s technological innovations.

View BullionStar’s financial data for fiscal 2014.

BullionStar is proud to announce the world’s first physical gold bullion bar that doesn’t have any spread between the buy and sell price. The 100 gram gold bar allows customers to trade in and out of the physical gold market to take advantage of shorter-term price swings without losing money due to spreads.

In this piece by Sputnik News, BullionStar’s Precious Metals Analyst Koos Jansen is quoted regarding his views on the unsustainability of the international fiat monetary system, the short-term price of gold, and his long-term expectations for the price of gold.

In this piece by The Guardian, BullionStar’s Precious Metals Analyst Koos Jansen is quoted regarding his views on the flaws of the debt-based global monetary system as well as an upcoming vote that would cause the Swiss central bank to triple its gold reserves.

In this Channel News Asia segment, BullionStar's CEO Mr. Torgny Persson and Sales Manager Mr. Vincent Tie discuss the company’s decision to offer to pay employees in gold bullion.

In this Channel News Asia segment, BullionStar's CEO Mr. Torgny Persson explains why gold and silver are valuable and why it is better to own gold than diamonds.

In this Minaurum.com interview, BullionStar's CEO Mr. Torgny Persson discusses his views of the Asian gold market, why Asians are particularly fond of gold as compared to Westerners, and how the Chinese and Singaporean governments are helping the gold market to flourish.

In this e27 profile, BullionStar's CEO Mr. Torgny Persson discusses the company’s recent decision to allow customers to buy and sell gold and silver bullion with Bitcoin.

In this enlightening presentation at the Passport to Freedom conference in Las Vegas 2014, BullionStar's CEO Mr. Torgny Persson discusses how to store gold offshore in Singapore and the benefits of doing so.

BullionStar is proud to announce that we’ve earned a score of 8/10 at Bullion Reviews Singapore!

In this Channel News Asia segment, BullionStar was featured for our views and commentary on precious metals demand.

In this piece by CoinDesk, BullionStar's CEO Mr. Torgny Persson is quoted regarding the company’s recent decision to allow customers to buy and sell gold and silver bullion with Bitcoin and about the benefits of owning Bitcoin. Mr. Persson further explains that belief in precious metals and belief in Bitcoin don’t have to be mutually exclusive; investors who are skeptical of fiat money can and should hold both precious metals and Bitcoin.

In this Channel News Asia article, BullionStar's CEO Mr. Torgny Persson is quoted regarding the benefits of storing precious metals in Singapore versus other countries.

In this Wall Street Journal article, BullionStar was quoted for our views and commentary on the booming market for silver bullion coins.

In this Reuters article, BullionStar’s Regional Manager of Operations Zane Lim is quoted regarding his views on the disconnect between the paper gold market and the physical gold market.