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 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 is 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 style behind the business was that physical gold had traditionally been the preserve of the wealthy, due to the storage and insurance costs. Physical gold traditionally also had the negative of insufficient liquidity – meaning it is difficult to discover a buyer quickly. Insurance firms an on line system where costs are shared, and a big pool of investors, BullionVault decreased the expenses linked to holding physical gold, and made obt