• Call Contact
  • Help Help
Banner
BullionStar

Torgny Persson

Torgny Persson is the founder and CEO of BullionStar. In this blog,
Torgny is sharing what's happening inside BullionStar as well as news
and research from the local and global precious metals markets.

BullionStar’s Bullion Center Re-Opening 2 June – Update of Services
QE Defender – Stop the QE Insanity | Helicopter Money and the Risk of Hyperinflation
BullionStar – We are Open for Orders – Update of Services 20 May 2020
BullionStar – We are Open for Orders – Update of Services 11 April 2020

BullionStar – We are Open for Orders – Update of Services 11 April 2020

  • Date
  • author Torgny Persson
  • Comments 0 Comments

We are open! This is an important update to all BullionStar customers covering the impact of COVID-19 on BullionStar's operations. BullionStar is open for orders but operate in limited capacity as an essential business with measurements taken against the spread of COVID-19. Continue Reading arrow

BullionStar – Important Update 27 March 2020
BullionStar Update – The Window to Purchase Precious Metals with Fiat Currency is Closing
Gold Shortages – Price of Physical Gold Decouples from Paper Gold
Infographic: Central Bank Gold Buying and Gold Repatriation

Infographic: Central Bank Gold Buying and Gold Repatriation

  • Date
  • author Torgny Persson
  • Comments 3 Comments

Annual central bank gold demand is currently running at a 50-year high. A whole host of central banks have also recently repatriated gold from London and New York.

But why are central banks buying more gold bars than at any time since 1971? And what has spooked sovereign nations to fly their gold back to their home countries?

With this easy to grasp and visually...
Continue Reading arrow

Buy Gold & Silver in New Zealand – Diversify your Bullion Storage
Gold, Silver and Platinum surge ahead with impressive double digit YTD returns
Singapore Tops Global Rankings as the World’s Safest and Most Secure Nation
The History of the World is a History of Gold

The History of the World is a History of Gold

  • Date
  • author Torgny Persson
  • Comments 6 Comments

Gold has been inextricably linked to human civilizations since at least 6000 BC. Gold has been used as money in countless civilizations for thousands of years. From the ancient Egyptians to the Roman Empire, from the Republic of Venice to the Spanish Empire, civilizations may rise and fall but the one constant they all had was gold.

A people without the knowledge of their past...
Continue Reading arrow

Gold Smuggling to India & Japan is a Symptom of Governments’ War against Gold
What is Money? | BullionStar

What is Money? | BullionStar

  • Date
  • author Torgny Persson
  • Comments 3 Comments

For something used by nearly everyone on the planet on a daily basis, the subjects of money and currency are surprisingly little understood and shrouded in mystery. But perhaps that’s the way governments and their central banks like it.

From a time in which only gold and silver were considered money, to a contemporary banking system where debt is created out of thin air and...
Continue Reading arrow

BullionStar Cash & Bullion Account – Better than a Singapore Bank Account!
London’s annual Platinum Week: A showcase for the White Precious Metal
Holding Precious Metals in your Individual Retirement Account (IRA)
BullionStar Financials FY 2018 – Year in Review

BullionStar Financials FY 2018 – Year in Review

  • Date
  • author Torgny Persson
  • Comments 0 Comments

As one of the world’s most innovative bullion dealers, BullionStar is also committed to transparency which extends to BullionStar’s annual financial results, which we publish on our website every year in the form of a commentary with supporting graphics.

For the financial year to 30 June 2018 (FY2018), BullionStar grew total revenues to SGD 177.8 million. Sales of gold bars...
Continue Reading arrow

How much Gold is in the FIFA World Cup Trophy?

How much Gold is in the FIFA World Cup Trophy?

  • Date
  • author Torgny Persson
  • Comments 3 Comments

A sporting trophy revered by the elite footballers of the world. A trophy with near mythical status in the eyes of players and fans alike. A trophy held aloft by a select few captains in its less than 50 year history. A legendary trophy made of gold.

Designed in 1970 by Italian Artist artist Silvio Gazzaniga, the FIFA World Cup Trophy is, in the words of its creator, "a...
Continue Reading arrow

Cashless Society, Negative Interest Rates and Hyperinflation – Part 2
Investing in the Noble Metal of Platinum

Investing in the Noble Metal of Platinum

  • Date
  • author Torgny Persson
  • Comments 1 Comments

As a recognized investment precious metal, many of the world's leading refineries and mints now offer investment grade platinum bars and platinum coins within their physical precious metals product suites. These include minted platinum bars from the famed refineries of Heraeus, Valcambi and Argor-Heraeus, and platinum bullion coins such as Royal Canadian Mint Platinum 1 oz Maple Leafs... Continue Reading arrow

Customer Order Number 100,000 at BullionStar

Customer Order Number 100,000 at BullionStar

  • Date
  • author Torgny Persson
  • Comments 0 Comments

Since it's establishment in 2012 in Singpore, BullionStar has had many notable achievements, and recently reached another milestone by completing its 100,000th customer order, awarding a PAMP gold bar to the lucky customer who placed this order. With customers from over 100 countries worldwide for both precious metals purchases and secure precious metals storage, BullionStar is now... Continue Reading arrow

BullionStar adds Ethereum, Bitcoin Cash, and Litecoin as Payment Options and Currencies
BullionStar Wins First Place in Bullion Directory’s 2018 Awards
The Blockchain Beyond Bitcoin

The Blockchain Beyond Bitcoin

  • Date
  • author Torgny Persson
  • Comments 0 Comments

With the recent emergence and recognition of a diverse range of crypto currencies, the technology of blockchain is rapidly gaining traction as a profound innovation that has potential to alter entire industries.

Described in quite simple terms in the white paper that laid the foundations for Bitcoin, the design principles behind blockchains are now also being used in newer...
Continue Reading arrow

The Celebration of Chinese New Year

The Celebration of Chinese New Year

  • Date
  • author Torgny Persson
  • Comments 0 Comments

New Year and the Spring Festival are a central part of Chinese tradition in mainland China and in Chinese communities all across the world. Chinese New Year is a movable event which this year falls on 16 February and which ushers in the “Year of the Dog”, the 11th year in the Chinese Zodiac calendar. Chinese New Year is an auspicious time associated with many customs and traditions... Continue Reading arrow

The Role of Gold as Turmoil hits wider Financial Markets
Your Weight in Gold

Your Weight in Gold

  • Date
  • author Torgny Persson
  • Comments 0 Comments

There are many phrases and sayings in the English language that illustrate the high-regard with which societies hold for gold. These phrases are embedded into natural language and have evolved over time based on an intrinsic appreciation by civilizations that gold is rare and of high value. One example is the saying “worth your weight in gold”. Although a metaphor, what would be... Continue Reading arrow

The 5 Largest Gold Nuggets that Still Exist

The 5 Largest Gold Nuggets that Still Exist

  • Date
  • author Torgny Persson
  • Comments 5 Comments

The discovery of large gold nuggets has always caused excitement for gold miners and the general public alike. Although most of the big gold nuggets discovered receive nicknames and these names pass into legend, many of history’s big gold nuggets have been melted down and no longer survive.

The world’s largest surviving gold nuggets are now held and displayed in places as...
Continue Reading arrow

Gold for Christmas – Gold’s Importance in Religion
The Most Outlandish Gold Products You Can Buy

The Most Outlandish Gold Products You Can Buy

  • Date
  • author Torgny Persson
  • Comments 1 Comments

Since gold is a rare and valuable substance, it has always been associated with opulence and wealth. None more so than when gold is combined with a product to give that product an air of luxury and exclusivity. Sometimes the match between gold and a product works well, yielding a classic luxury good boosted by its gold content. Other times the outcome may not be so sophisticated, and... Continue Reading arrow

Gold Demand in the Singapore Bullion Market

Gold Demand in the Singapore Bullion Market

  • Date
  • author Torgny Persson
  • Comments 1 Comments

Singapore’s gold market is now one of the largest in the region after strong growth, particularly over the last 5 years since the Singaporean government exempted investment precious metals from Goods and Services Tax GST in October 2012.

The gold market in Singapore is both a wholesale market and a retail market. The wholesale market includes bullion banks, trading houses and...
Continue Reading arrow

Mustafa Centre: Gold in Singapore

Mustafa Centre: Gold in Singapore

  • Date
  • author Torgny Persson
  • Comments 0 Comments

The Mustafa Centre in Singapore's Little India is well-known as a slightly eccentric and congested shopping mall and arcade in which to buy all manner of diverse items. It also sells a lot of gold jewelry and a small selection of gold bullion.

But after navigating through the busy streets and actually finding the Mustafa Centre, the next challenge involves locating the Centre's...
Continue Reading arrow

Eat Gold

Eat Gold

  • Date
  • author Torgny Persson
  • Comments 5 Comments

A common phrase in the mainstream financial media is that ‘you can’t eat gold”. This claim is usually trotted out by CNBC and Bloomberg talking-heads as a way of disparaging the benefits of investing gold in times of crisis. But the claim is both wrong and misleading, because you actually can eat gold. And drink it too.

Furthermore, Wall Street and its cheerleaders are...
Continue Reading arrow

Buy Silver Bullion in Singapore

Buy Silver Bullion in Singapore

  • Date
  • author Torgny Persson
  • Comments 0 Comments

Singapore offers a number of benefits when buying and storing silver. In Singapore, the majority of silver bullion bars and silver bullion coins from the world’s major mints and refineries are exempt from Goods and Services Tax (GST). There are also no taxes or duties on the import or export of silver. Singapore is also … Continue Reading arrow

Store Gold in Minced Meat? 26 Ways to Store Gold

Store Gold in Minced Meat? 26 Ways to Store Gold

  • Date
  • author Torgny Persson
  • Comments 0 Comments

If you buy and take delivery of gold bars or gold coins and want to keep your gold close at hand in your own home, you will still need to ensure that it is safely stored on your property, preferably in a hidden location that only you and close family members are aware of. There are many hiding places in a house or on a property to store gold, some more sensible than others. Taking... Continue Reading arrow

28 Reasons to Buy Physical Gold

28 Reasons to Buy Physical Gold

  • Date
  • author Torgny Persson
  • Comments 4 Comments

There are many compelling reasons to own physical gold in the form of investment grade gold bars and gold coins. Among them are gold’s ability to retain its purchasing power over time, and it’s safe haven status in times of financial turmoil and uncertainty.

Gold has been known throughout history as the pre-eminent form of money and its track record as a stable money is...
Continue Reading arrow

Degussa Singapore Closing its BullionStore

Degussa Singapore Closing its BullionStore

  • Date
  • author Torgny Persson
  • Comments 1 Comments

Exactly 2 years after opening a retail bullion shop in Singapore and expanding outside Europe, Degussa GoldHandel has announced that it is closing its Singapore shop on 31 October. Of possible relevance to the decision, the Degussa Singapore operation has been loss making since inception, with full year results to 31 December 2016 showing a new loss of SGD 2.8 million.

Although...
Continue Reading arrow

BullionStar Rebuilds Community Center in Fire-Ravaged Slum in Batam, Indonesia
The Chinese Gold Market Essentials

The Chinese Gold Market Essentials

  • Date
  • author Torgny Persson
  • Comments 2 Comments

A series of 8 articles about the Chinese Gold Market have now been added to Gold University section of BullionStar’s website. These articles are collected titled “Chinese Gold Market Essentials”. The articles are mostly structured around the supply – demand equation of the Chinese gold market which has the Shanghai Gold Exchange at its core, as the market’s allocation... Continue Reading arrow

Gold Price: USD 65,000/oz in 5 years? Speech by Torgny Persson
2 Winners of the Silver Britannia Competition by BullionStar and The Royal Mint
BullionStar Media

BullionStar Media

  • Date
  • author Torgny Persson
  • Comments 0 Comments

BullionStar's website features a wide variety of original analysis and content on precious metals markets globally and which provides readers and viewers with unique and up-to-date insights that are not available elsewhere. A case in point is the BullionStar Perspectives video series which gives viewers free access to leading independent analysis of precious metals markets. In July,... Continue Reading arrow

BullionStar Financials FY 2017 – Year in Review
Gold Price: USD 65,000/oz in 5 years?

Gold Price: USD 65,000/oz in 5 years?

  • Date
  • author Torgny Persson
  • Comments 30 Comments

Although the international price of gold is set by paper gold markets, these markets cannot price physical gold accurately because they don’t trade physical gold. Instead they trade infinitely scalable fractional claims on physical gold. Conversely, real physical gold is not a claim on gold. It is gold. Real physical gold is real money, and is the ultimate form of saving and store of... Continue Reading arrow

BullionStar’s Extensive Range of Royal Mint Gold Coins and Silver Coins
Buy and Sell Gold and Silver with Bitcoin

Buy and Sell Gold and Silver with Bitcoin

  • Date
  • author Torgny Persson
  • Comments 3 Comments

Following Bitcoin's recent strong price appreciation, Bitcoin holders may be thinking of taking profits or diversifying some of their Bitcoin position into physical precious metals. It is therefore interesting to know that BullionStar's online transactional website fully supports Bitcoin and has done so since May 2014. Using BullionStar's website, customers can buy gold and silver... Continue Reading arrow

What sets the Gold Price – Is it the Paper Market or Physical Market?
BullionStar Financials FY 2016 – Year in Review
We use cookies to enhance the user experience and to analyse traffic. Cookies are also used for the purpose of handling our system and services. By using our website, you accept that cookies are used. You can change the usage of cookies in your browser. The usage of cookies and the collection of customer information by BullionStar is guided by our Privacy Policy.