BullionVault, the UK’s best-known and respected gold and silver bullion storage and trading company has just added the Brink’s vault in Singapore to its location choices for clients whose holdings are currently secured in Via Mat vaults in New York, London and Zurich. Gold is already available in Singapore and silver will be added within the next few weeks.
US citizens with bullion stored in Via Mat vaults may be worried about the fact that they are ‘dumping’ these customers. However, BullionVault is a British company and their clients should not be affected. However, as the Singapore facility is with Brinks, that should be even less cause for concern.
I have posted several times about my altogether positive experience with BullionVault since I opened my account back in 2007, the most recent being last month.
BullionVault is endorsed by the World Gold Council and is the world’s largest online investment gold service, taking care of $2.2 billion for more than 45,000 account holders.
If you are, like me, inclined to think that gold and silver will continue to rise against main currencies in the medium to longer term, then this is an ideal time to open a bullion account.
Prices of gold and silver have been fluctuating recently, affected by the Cyprus banking crisis and continuing economic uncertainty. It’s possible they may decrease a little further before they rise again (which they almost certainly will), but potential investors who wait for the market to ‘bottom’ usually end up disappointed.
The interactive chart in my previous post shows that while short time frames show erratic prices for both gold and silver, 5 years and above gives a very different picture.
You can learn how the easy to use interface works using the free silver bullion and currency units they offer when you first create a BullionVault account with just an email address.
When when you are ready, verify your details and fund your account by bank transfer – a few hundred dollars, euros or pounds is enough to begin with. They have also recently introduced an Automatic Gold Investment Plan which allows you to add to your gold holdings regularly by arranging a standing order with your bank.
Learn more on their website or click below.