The response from the community has been massive, and the first collective purchase of gold in the history of our community is already underway. At the current price, about 11 kilos of gold will arrive at La Plaça. And we are already working on the second order!

Preciosos 11Onze was born as a tool for the 11Onze community to protect their savings in an extremely convulsive context. And people are taking advantage of this unprecedented possibility in the market. The community’s response has exceeded 11Onze’s expectations, as product manager Isaac Sène explains: “We were very confident because we see very high levels of engagement and trust. But we could not have imagined that this would translate into the response we have received”.

The impact of 11Onze

This is a special project and the international community is very clear about that. What 11Onze is doing, i.e. organising a collective purchase of gold, is not only innovative in the market, but also impressive. “All our partners were extremely surprised. They had never seen such a response,” says Isaac Sène. “It’s no longer the quantities,” he adds, “but the number of customers willing to buy precious metals to protect their savings. And there are more and more of them.

11Onze has already started buying gold for its community. The international context has put physical gold at the centre, as we have been warning for months, but the collective strength gives us a good position and has allowed us to get the best price on the market. This is the way forward, according to the product manager: “through economy of scale we have to offer increasingly competitive prices”.

In recent weeks, the price of gold has continued to rise, and the explanation is very simple, because, as Isaac Sène points out, “now more than ever, nobody has any certainty about how it will evolve this year and this lack of rationality on the part of the authorities, institutions and major benchmarks, will make people look for maximum certainty, returning to what has historically always proven to provide good coverage”. As a result, refineries are currently saturated due to excess demand, which is why 11Onze is carrying out the purchase in phases.

Protecting savings

For the same reason house prices continue to rise: people with large savings are looking to convert their money into assets that do not lose value. For months, we have been warning that inflation, the debt crisis, and the international situation make it advisable to diversify savings to avoid a depreciation of our money. Buying a home is very expensive, but buying gold on 11Onze can be done for as little as €3,000. We are looking for a way to democratise the protection of savings. “We hope that other institutions will follow our lead. For now, they only offer these products to their most valuable customers,” explained Isaac Sène.

At 11Onze, we want to put these tools in the hands of the entire community. Because you have the right to protect your savings, whether they are large or small. That’s why 11Onze is already working on the second gold order for our people. Don’t miss the opportunity.

If you want to discover the best option to protect your savings, enter Preciosos 11Onze. We will help you buy at the best price the safe-haven asset par excellence: physical gold.