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Reviews (1)

BullionVault

Avoiding Counterparty Risk

I became a customer of Bullion Vault in 2005, my Gold has quadrupled in Sterling terms over those six plus years. Owning Gold bullion has shown itself to be a good way to short the U.K. property market, I have done well.

To me the most important thing, is actually owning the things that you think you own, which means avoiding counterparty risk.

Point 6 on the front page of Bullion Vault says:

“ You own your gold and silver outright. It’s your legal property. We do not deal in unallocated gold or silver.”

My bank does NOT say :

“ You own your money outright. It’s your legal property. We do not deal in unallocated money.”

The Bullion Vault allows me to buy, own and sell Physical Gold and Silver Bullion, without counterparty risk. Bullion Vault is unique in this respect.

Dave U.K.´s profile

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Dave U.K.
Reviewer
Male, 1952
Cheddar, United Kingdom

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