In the Press
Media coverage of BullionVault

Business Insider: A Lifeboat for the Crisis

LONDON, 9 September 2012 - World-leading gold and silver investment service BullionVault today features as a way of owning physical bullion - overseas at low cost - on BusinessInsider, one of the United States' top 200 websites by traffic.

"Two signs that fear and instability have reached critical mass are capital flight and capital controls," writes Charles Hugh-Smith, author of the blog OfTwoMinds, whose latest article is republished today by Business Insider.

"Capital controls are the Central State's way of stemming the flood of cash leaving the country," says Hugh-Smith. "[So] I am very bullish on gold and would hold a larger balance with BullionVault than in a bank account.

"This account...is a lifeboat more than a speed boat," he adds, explaining how he sees potential for blocks and limits on international transfers of money and wealth if the economic situation deteriorates further.

You can read the full article at OfTwoMinds here...


Gold bullion - Buy online at live gold prices.

Source: 
Business Insider