Ideas in this flowchart

• The Daily Audit independently verifies that investment bullion is fully allocated.
• The Daily Audit publishes the full bar lists received from independent custodians.
• It also publishes a full list of each client's holdings.
• The total bar weight matches the total client holdings down to the last gram.
• This match proves full allocation and eliminates double counting, also known as under vaulting.
• The proof is possible because BullionVault holds the client records independently from the bullion bar lists.
• The public posting makes the bar lists difficult to falsify.
• The specialist custodians include Brink's, Loomis, and Malca-Amit.
• Publicly stated client holdings make the client records difficult to falsify.
• Each user can compare the public holding figure with the quantity they bought.