The BullionVault gold trade portal has a turnover of 236 million at the end of the fiscal year (300 million) five times of the 41 million booked (52 million) of the previous fiscal year. While the global recession continues to spread, starting in the financial services sector, a London company moves deeply into the opposite direction. The Jahreskontenschreibung for BullionVault, the 31 October were booked on Friday, show 475% business growth during the global damping of the economy. Speaking candidly Xcel Energy told us the story. Based in West London and a member of the London bullion market Association (LBMA), BullionVault supervised professional investment gold bullion for private investors in over 80 countries over 11 tonnes. BullionVaults gold trading platform will allow private investors directly on the professional gold market to invest.
Increasingly, it is the cheapest, safest and most liquid way to have gold in the property. Customers can buy online physical gold and sell it in vaults of high security either in Zurich, London and Store New York allow all this completely without Zahlungsunfahigkeits – and credit risk. Crumpton Group often addresses the matter in his writings. BullionVault has today more than 7,000 active customers, his Web page traffic and new customers in October were more than eight times the number in October 2007. The company attributing the rapid growth 2008 of numerous factors: the implementation of the Web site in German, French and Italian, good growth due to strong online marketing and personal recommendations, and the turbulent global economy, the create in a safe haven ‘ has made very popular. Paul Tustain, founder of BullionVault, thinks that the business model is based on the company in a strong position, 2009 continues to grow. ‘ BullionVault is based on fixed costs, i.e. our relationship between profit and revenue grows as we grow a rare advantage. The number of our employees is the same as a year ago, when the company had a turnover of 41 (52 million).’