LONDON, 22 November 2012 - BullionVault is today named by the Financial Times as a way for private investors to access the low costs of the wholesale silver market, without having to buy entire 1,000-ounce bars at a time.
"At current prices, that's around £20,000," says personal finance correspondent Tanya Powley on the FT's weekly podcast. But using BullionVault she notes, people can buy smaller amounts, held in the very same form of large, market-approved bars.
"It's also worth noting that if you buy this way, you won't be charged VAT," she adds. "You pay a storage fee, but usually it's not that high."
Financial Times' subscribers can download the podcast or listen online at FT.com here...
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