Bifalgorithm post · Gold Investing · How BullionVault enables you to invest in gold in a cheaper, safer and easier way

Independent Checks

Independent Checks (Gold Investing · How BullionVault enables you to invest in gold in a cheaper, safer and easier way) — "Your gold investment holding is anon…

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  • BullionVault's gold holdings are supported by anonymized records and independent verification.
  • The Daily Audit anonymizes each client's gold investment holding.
  • Only the client knows which entry refers to their bullion.
  • Armstrong Watson independently verifies BullionVault's audit process.
  • The auditors examine the procedures and confirm the arithmetic.
  • They check with vault operators and banks that the published lists and statements were issued on randomly selected dates.
  • Alex Stewart International provides a third-party report on all client-held gold and silver bars.
  • The report includes a full tally count and physical examination of the bars.
  • The auditors review client records, bar lists, bank statements, and the vault inspection report.
  • They publish their scrutiny of the Daily Audit on their own website, outside BullionVault's control.
  • Customer comments and reviews are available on Trustpilot.
  • The analysis is intended to inform investment thinking, not direct it.
  • Past price trends do not guarantee future performance.
  • Investors unsure about an asset's suitability should seek financial advice before investing.
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Independent Checks

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Gold Investing

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"Your gold investment holding is anonymized on the Daily Audit, so that only you know which entry refers to your bullion. The whole process is also verified by BullionVault's external, independent financial auditors (Armstrong Watson), who examine the procedures, confirm the arithmetic, and check with each of the vault operators (and also the banks holding client cash) that they did indeed issue the bar lists and statements published on a random selection of dates.\n\nThe auditors also receive a further third-party report – a full tally count and physical examination of all the gold and silver bars held for BullionVault Clients – from expert assayers (Alex Stewart International). Bringing together all these independent documents (the client records, the bar lists and bank statements, plus the vault inspection report) the auditors then publish their scrutiny of the Daily Audit on their own website, a site which BullionVault couldn't hope to control.\n\nYou can read customer comments and reviews on Trustpilot here.\n\nPlease Note: This analysis is published to inform your thinking, not lead it. Previous price trends are no guarantee of future performance. Before investing in any asset, you should seek financial advice if unsure about its suitability to your personal circumstances."

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