In the Press
Media coverage of BullionVault

AOL Money: Should you join the Germans by going for gold?

LONDON, 20 June 2009 - BullionVault today features as "a leading online service for gold bullion investment" in a detailed article from the Associated Press published on major internet sites including AOL Money and Tiscali.

The online provider of gold trading and ownership is contrasted with the recent development of "gold-vending machines" in Germany, currently making headlines across Europea and North America.

The idea of gold investment is clearly spreading, agrees BullionVault head of research, Adrian Ash, because investors and savers are struggling to find decent returns elsewhere.

"Real interest rates in the UK have averaged just 1.8% so far this decade - barely two-fifths the real return on cash in the 1980s and 1990s," Ash explains in the AP feature.

"The gold price in sterling, in contrast, has risen four-fold and more as money's competitive edge as a store of wealth has been steadily eroded. Physical gold ownership looks attractive to individuals worried about the future of savings.

"Gold's appeal is only likely to grow until real returns paid to cash turn sharply higher."

To read the whole article now, go to AOL Money here.


Gold bullion - Buy online at live gold prices.

Source: 
AOL Money