ricardo

Just stumbled across this company the other day:

Buy Gold Bullion Today ▷ Buy Gold Online At Live Spot Gold Prices - BullionVault.com

...and it all sounds quite compelling in these 'turbulent' times. Like the original reserve banks in some ways - the gold stays in the vault.

Anyone used them, or know the great big hole in the scheme, or is it all goodness ?

Suresh

You only have their word that the physical 'allocated' gold actually exists. The company is too unknown to have a reputation that I personally would trust with any material amount in that respect.

However they are a member of the LBMA which does confer a level of respectability (london bullion market association), but unfortunately doesn't offer any guarantees

(used to be precious metals controller at a big swiss bank so know a little about the shiny stuff)