KB Gold

KB Gold is a German business which deals with precious metals, primarily gold and silver. The company’s marketing suggests that gold is a sound investment in the current economic climate, since its value is continuing to go up, and unlike paper money, it has actual tangible value.

The company itself was formed in the mid-1990s and originally only operated in Germany, Austria and Switzerland. In 2009, the company decided to expand its scope of operations into other European countries with a view to move to countries outside of the European Union, particularly the United States and Canada. According to the company website, there are currently 35,000 people registered in the company in Europe. The company has a franchise system, though no information is provided on the website – people are asked to email KB Gold for more information.

The company’s product is a gold card, which looks like a credit card, but is in fact a .5, 1 or 2 gram bar incased in the center. The company also offers gold (and silver) certificates indicating ownership of an amount of the metal, as well as the option of free storage in the company’s vaults – uniquely, should people opt to take their gold, if it is stolen the company admits liability. They say this is because they own their own gold mind.

KB Gold Products