What is BullionVault.com?
BullionVault did not receive The Queen’s Award for Enterprise in 2013 for nothing. The company remains intact and deserves the award big time for its unprecedented 140% growth overseas in only a matter of four years.
Since 2005, BullionVault has been one of the most reputable – if not the only reputable – gold and silver exchange that allows online peer-to-peer selling and buying of the said metals.
With its main headquarters in London, the gold and silver reserves are stored in The Brink’s Company or Via Mat International storage areas in Zurich, Toronto, New York, Singapore or London depending on where the client wants it stored.
At prices set by the company, BullionVault determines how much clients should pay to buy and sell gold and silver. It actually stands as an exchange company that acts as the middleman between sellers and buyers of gold, much like how eBay functions.
In fact, Wall Street Journal states that the gold reserves of BullionVault exceed those of the central banks of Qatar, HongKong, Ireland and Canada combined.
Benefits of Using BullionVault
BullionVault offers numerous benefits to its almost 50,000 clients from 122 countries.
Credibility & Reliability
Perhaps, the very first of this is the reliability and credibility of the company. Aside from the two Queen’s Award for Enterprise in 2009 and 2013, its rank as number 11 in the Sunday Times Top Track 250 established BullionVault as one of the most reputable metal exchangers of Britain and the world.
The second greatest benefit is perhaps what BullionVault basically does – it provides individual users a 24/7 access to the professional gold and silver bullion market and access to professional metal vaults in the world.
Without a BullionVault account, one has to have at least $500,000 to participate in gold and silver buying, and around $7M to maintain a vault. BullionVault cuts the costs to only around $75,000 minimum and $4 minimum for storage fee, which are obviously much lowered costs.
Other benefits include a free account and registration that does not even take a few minutes to accomplish. Moreover, the account does not presuppose any obligation to trade.
There is also a 100% guarantee on safety and security of the gold, and to top it all off, there is free insurance. What’s more – there is free 4g of silver just for simply opening an account with the company.
Steps for Opening and Funding Account
Opening an account with BullionVault is simple.
Step #1: First, you just click “Open an Account” and fill out your username, email address, and password. As an opening bonus, the company gives you 1/8 oz of silver weighing 4 grams.
Step #2: After which, you login with your details and you fund your account through your method of choice. You can then begin buying gold or selling it while linking your BullionVault account with your bank account.
The gold possessed can then be proven by requesting a certificate of ownership or you can even opt for the physical possession of your metal by requesting it and paying the necessary fees. Depending on the daily price of gold in the world market, you can sell gold and silver at only these values.
As of the beginning of 2014, gold is valued at around $39,000 per kilogram while silver is around $640. Whether your purpose is investment, trade or merely protection of your assets by converting them into gold or silver, BullionVault remains as the number one solution to your needs.
Our Rating: [rating=5]