BullionVault Review

Founded in 2005 by Paul Tustain, BullionVault is owned by Galmarley Ltd. It holds gold in vaults in London, Zurich and New York for its customers, and in June 2012 held around 30 tonnes of gold.

The company enterprise is registered in England, and is regulated under UK Company Law. Since it trades in bullion which can be beyond your scope of the Financial Services Authority (FSA), it's not regulated by it.

Who is BullionVault?

BullionVault is really a company registered in the United Kingdom, which specialises in buying physical gold and other metals online.

The theory behind the business was that physical gold had traditionally been the preserve of the wealthy, as a result of storage and insurance costs. Physical gold traditionally also had the negative of inadequate liquidity – meaning it's difficult to discover a buyer quickly.

Insurance firms an on line system where costs are shared, and a huge pool of investors, BullionVault decreased the expenses related to holding physical gold, and made obtaining a buyer and seller seamless.

Starting in 2003 with around $500,000 in seed funding, the business has grown to profitability and is becoming among the maximum firms of its kind in the world, with 100,000 clients spread over 170 countries.

BullionVault started by allowing visitors to trade gold. It's expanded to add silver, platinum and palladium.

My Experience with BullionVault

I take advantage of BullionVault to store nearly all of my physical gold from my Growth Portfolios, having researched many method of storing physical gold through the years, BullionVault originated in top. I consider them to be the utmost effective, most inexpensive and safest approach to store my physical gold.

Purchasing physical gold through BullionVault is equally as easy as buying an ETF on the stock market. With physical gold however we are not susceptible to the electronic middle man, and with BullionVault , we own the gold directly after purchase, they only store it for people at a cheap cost (lowest I've found anywhere for physical bullion storage).

One of various things which stands apart about BullionVault is; they provide the capability to actually take delivery of one's physical gold should you ever need it. I haven't used this service personally, but it's nice to comprehend it's available just just in case you ever want your gold physically in your location.

Conclusion

BullionVault is an excellent, safe and transparent system if you wish to buy physical gold, silver and other metals. The larger question must certanly be why you wish to buy physical gold and silver to begin with.

Most individuals are buying for the wrong reasons, like the mistaken belief these metals perform well during economic recessions, depressions and inflation.

The only real sensible reason to possess gold should be to diversify your portfolio. This will be described as a 5%-10% weighting at most https://scamrisk.com/bullionvault/.