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…
Ideas in this flowchart
- 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.