Gold has become a popular investment, but buying and storing gold can be complicated. Security is an obvious concern, as well as finding a qualified seller of real gold and silver bullion. Companies such as Bullion Vault have solved this by providing a safe, secure way to purchase and store gold at multiple locations in New York, London, and Zurich.
Risks such as counterparty risk, default risk, and gold market backwardation have caused many gold investors to choose the physical over the paper gold contracts offered on futures exchanges. Having physical gold is an obvious alternative to purchasing a paper contract that, in the event of a large market event, could become worthless if the company offering the contract defaults.
Bullion Vault currently takes care of over 31,000 users who have decided to use Bullion Vault as a secure way to purchase and store gold. With features such as next day withdrawals, dealing in any deal size, and low spreads, it’s no wonder that more than 30,000 people have chosen to use Bullion Vault as their gold purchasing solution. There is no minimum order, and it’s possible to purchase gold within 2 hours of opening your account. Finally, investors have a safe and secure option to invest in physical gold without dealing with the common logistical issues associated with gold. Bullion Vault has over $1.3 billion USD in client gold, and over $200 million USD in client silver. The total gold reserves represent a total of over 25 tonnes. Bullion Vault is a member of the London Bullion Market Association and has been in business since 2005, starting with the incorporation in 2003. For more information, please visit http://www.bullionvault.com/