LONDON, 28 August 2011 - World-leading gold ownership service BullionVault features twice today in The Sunday Times, the UK's best-selling Sunday broadsheet.
"In a small office near Hammersmith Tube station in West London, the phones are ringing off the hook," says a report in The Sunday Times' Business section, calling BullionVault "one of the biggest gold traders in the world that deals with the general public.
"Paul Tustain, founder and chief executive, has boosted his staff by 50% in the past 12 months, but the team of 30 is still doing overtime to keep pace with the workload.
"BullionVault will sell a share of a gold bar for as little £35, though most of its customers investment about £30,000...Demand has been increasing since the firm was set up [in 2006]. Its clients now own about 24 tonnes of gold in vaults in London, New York and Zurich - more than most of the world's central banks."
"Is this a bubble? No," The Sunday Times quotes Paul. "Our customers are savvy," he says. "They understand what's going on in the monetary system and global economy."
A BullionVault user also features in today's Sunday Times.
Page 3 of the Money section, entitled "How to build a portfolio that will rise out the next decade", shows a former financial analyst who's owned gold-related investments since 2003. "I may reduce some exposure [to mining funds and shares] depending on how things pan out in the next few weeks," he tells the paper.
"Since 2006, he has also been buying physical gold through BullionVault to help diversify his portfolio."
Online subscribers to The Times can read the full Business report on BullionVault here.. http://www.thesundaytimes.co.uk/sto/business/Finance/article762835.ece
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