Can anyone provide an independent review of the security of BullionVault? - RConley1
They publish the audit daily and the daily recs from Brinks. Also, as I understand it, the gold is yours, literally, so should Bullionvault fold or go bust the firm's creditors can't get their hands on it. It's all to do with "custody" and other concepts discussed here. With other providers of gold bullion investments the gold is only yours as much as the money in your bank account is yours - if the bank goes bust you have to fight for your money with all the other creditors, the employees, the tax man etc. But(!) if instead of putting your money in a bank account you put it in a safe deposit bank in the bank's vault then the contents are yours indisputably should the bank go bust. That's the model used by Bullionvault. In my view Bullionvault is as safe as anywhere and safer than many. Paul Beardsell 13:05, 5 September 2006 (UTC)
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