LONDON, 20 April 2009 - Bloomberg News today published a detailed report and interview with Paul Tustain, founder and director of BullionVault - the private-investor gold bullion service.
"I had a lot of difficulty buying gold in 2001," Tustain tells the news-wire, "but I thought gold had a place in everybody's portfolio and it didn't deserve an 8% cost to buy it."
"I regard gold as a good way of storing value when currencies can't be trusted," he goes on. Now "the expected return on cash is negative and will be for the foreseeable future, that creates a very good market for owners of gold."
To read Bloomberg's report in full, and learn more about BullionVault's expansion plans for 2009, go here...
Gold bullion - Buy online at live gold prices.
Source:
Bloomberg
