BullionVault.com is an Internet-based bullion exchange, created in 2005 by Paul Tustain. It is owned by Galmarley Ltd and has it’s offices in London, UK. It allows private investors a cost-effective, tax free way to buy silver and gold, and provides a range of storage options – both onshore and offshore depending on where you live. Gold and silver bullion from BullionVault.com is held in client-specific allocated storage with Via Mat International (a multi-national logistics and storage company with an excellent reputation). These storage centres can be chosen by the client, with London, Zurich or New York available. Bullion Vault charges minimal commission charges (ranging from 0.8% to 0.02%), and their storage fees are also extremely competetive – around 0.12% per annum, (with a $4 monthly minimum charge).

BullionVault – Advantages

BullionVault.com gives clients access to gold and silver like a normal bullion dealer. They set the prices, and users can buy and sell in a competitive 24/7 liquid market. Other advantages include: – Multi-currency accounts supported: British pounds, Euros or US dollars. – Quickly and easily trade gold and silver bullion (once you have proved your identity – see below). – VAT (UK sales tax) does not apply unless you are taking delivery of silver, in which case the rate is 20%. – Access to very small quantities of gold and silver (starting at just 1 gram), meaning almost anyone can get the benefits of gold and silver trading. – Ability to keep gold and silver offshore is an excellent feature. For example, in 1933 the US government made it illegal for US citizens to hold gold. There is some evidence that politicians in the US wish to do so again. – Huge inventory of gold and silver – 22 tonnes of gold, $1bn in client gold and $163m in silver. – Excellent customer support by email, telephone and live chat. BullionVault.com are tough on potential money laundering – all new clients must provide identity and address information (passport and recent bank statement). Corporations must provide corporate documentation. Bullion Vault performs an audit on a daily basis to reconcile every client’s inventory against the latest bullion lists and bank statements.

BullionVault – Conclusion

BullionVault.com is a reputable, licensed and regulated bullion dealer, and is a good choice for any potential investor. Smaller investors will particularly like the fact that they can participate in the market with just small quantities available – something traditional dealers do not provide (instead offering coins and bars). One of the best things about setting up an account (which is free of charge) is the fact that you get a free gram of gold just for signing up and to get you started. We have created a short video to demonstrate how easy it is to set up and use your account, which you can find below. We hope you found this review useful and wish you a profitable experience if you do choose to use BullionVault