Gold - Banking Panic Speeds Move into Physical Gold Ownership by Cash Savers

World's Fastest-Growing Gold Investment Service Adds Another 21% in Third Quarter as Gold Price Jumps to 27-Year Highs.

The run on Northern Rock served to highlight people's unease with the mountain of debt built up in the financial system today

Many new clients we're speaking to see physical gold, owned outright and held securely in a professional gold vault, as a way of protecting their savings against the threat of further trouble ahead.

I like that BullionVault allows for gold holdings in three different jurisdictions

I also like that it doesn't have any form of credit in the system.

London, England (PRWEB) October 4, 2007 -- BullionVault.com - the gold service that offers physical gold ownership at low cost and with the minimum of hassle - accelerated its growth in the third quarter as the global credit crunch sparked a move into bullion by cash savers.

Gold Price Chart 5 Years

"The run on Northern Rock served to highlight people's unease with the mountain of debt built up in the financial system today," said Paul Tustain, director and founder, today.

"Many new clients we're speaking to see physical gold, owned outright and held securely in a professional gold vault, as a way of protecting their savings against the threat of further trouble ahead."

By the end of last week, the gold held by BullionVault's customers had increased by 83% from the end of September 2006.

"I like that BullionVault allows for gold holdings in three different jurisdictions," says one new customer, based in Germany. "I also like that it doesn't have any form of credit in the system."

Notes:
BullionVault enables private customers to buy gold in the "Good Delivery Bar" form accepted by professional bullion markets, whatever their preferred size of purchase. This eliminates the loss of integrity and value associated with buying small gold bars for private custody.

BullionVault arranges all storage in professional, market-approved bullion vaults in London, New York, and Zurich. It saves the customer significant dealing and holding costs through reduced trading spreads, and the elimination of fabrication and delivery charges.

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