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BullionVault Review (2024 Update): Everything You Wanted To Know!

By: Joel & Josiah

BullionVault is one of the world’s leading online gold bullion dealers. It has more than 65,000 clients and 30 tonnes of gold in designated accounts.

BullionVault provides individual investors worldwide with access to professional bullion markets. You may take advantage of lower fees to buy, store, and sell gold, silver, and other precious metals.

In this review, I will explain what BullionVault is and offer you my honest and unbiased opinion. Is BullionVault a scam or a good place to invest your money?

Disclaimer:
This BullionVault review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
Low costs for buying & storing gold
Commission rates go low as you trade more
Great reputation
Limited ways of funding your account
May be difficult to change linked bank accounts
Not economical for storing lesser value of gold

PROS

  • Low costs for buying & storing gold
  • Commission rates go low as you trade more
  • Great reputation

CONS

  • Limited ways of funding your account
  • May be difficult to change linked bank accounts
  • Not economical for storing lesser value of gold

Why Listen To Us?

My name is Josiah, and this is my Dad, Joel.

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online
  2. Straightforward-ness of the system to do it
  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

Contents

You probably discovered BullionVault for the same reason you might have come across any other financial newsletter, gold storage and trading service, or investment program:

Because you want more money in less time.

And chances are, you want to quickly multiply the money you do have (as opposed to waiting months or even years to see a decent ROI).

This is a really exciting promise, and it’s probably why the financial publishing and training industry is worth billions of dollars.

The problem is, because the idea of doubling, tripling, or 10X-ing your money in a few minutes to a few days is so enticing, there are a ton of shady characters in this space.

But, putting that aside, let’s say every investing guru and “trading expert” on the internet had the best of intentions.

Even with proprietary algorithms, a room full of supercomputers, and a team of rocket scientists, most of these experts would be lucky to get it right 20% of the time.

Now sure, we’re talking about asymmetric bets here, so theoretically the winners should more than make up for the losers.

But in order to make that happen, you can NEVER miss a trade. With a 20% success rate (speaking optimistically), one missed winner could turn a profitable month into a loser.

That’s a lot of pressure and a lot of stress (not to mention a lot of losing) with not much certainty.

But what if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Constantly monitoring your phone for buy/sell alerts
  • Obsessively watching charts and movement
  • The emotional roller coaster and angst of hoping one winner can cover the last 8 losses
  • Gambler’s odds (20% chance of success is worse than the odds of winning at Blackjack)

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day monitoring charts, trades, and alerts?

TESTIMONIAL - STILL GETTING PAID

If that sounds like something you’d be interested in, check out Digital Leasing. 

However, if you’d still like to know more about BullionVault, keep reading.

What Is BullionVault?

What Is BullionVault

BullionVault, founded in 2005 by Galmarley Limited, is the world’s biggest online service to buy physical gold and silver for investing.

BullionVault has over 65,000 customers that hold over $2 billion in bullion assets, which is, no doubt, amazing!

The organization is a member of the London Bullion Market Association or LBMA and has received two Queen’s Awards for Enterprise Innovation (2009 and 2013).

When you purchase gold with BullionVault, you are buying real bars (bullion) housed in professional and highly secure vaults in Zurich, London, Toronto, New York, or Singapore. The World Gold Council also bought an equity stake in BullionVault.

You will enjoy the lowest costs for purchasing and storing gold and silver and access to professional bullion markets. That means you may trade or buy gold while paying lower commissions and profiting from market changes. BullionVault also has an Automatic Gold Investment Plan that lets you buy gold regularly from the professional gold bullion market.

How Does BullionVault Work?

Buying Gold At BullionVault

BullionVault is a precious metals corporation that enables customers to sell, store, and purchase actual gold, silver, and platinum bullion. In addition to gold and silver bars, you may buy coins from them if you like.

It is generally not advised for anybody to have precious metals in their house. So many individuals were hesitant to invest in precious metals since the other option was to keep these metals in a safe deposit box, which is rather costly. However, since there are more economical storage alternatives today, more individuals are investing in precious metals. One of them is BullionVault.

BullionVault provides a low-cost storage alternative for its clients’ precious metals. You should not be concerned anymore about keeping your precious metals at home or in a costly safe deposit box. BullionVault provides storage beginning at $4 per month, which is very fair.

How To Sign Up For BullionVault?

how to sign up for bullionvault gold

BullionVault’s website is well-designed and simple to navigate.

The first step is to register for a free account. You simply need to supply your name, username, email address, and password.

The great thing is your account comes with a free sample of silver (0.004kg) and money ($1, £1, €1), allowing you to practice buying and selling silver.

Before purchasing physical gold bullion, you must first deposit funds into your BullionVault account through bank transfer. Then, within two weeks, you must authenticate your account by giving evidence of identification and linked bank account information. This helps you protect your precious metals holdings and secure wire transfers.

How Much Does It Cost To Join BullionVault?

How Much Does It Cost To Join BullionVault To Trade Gold

BullionVault ensures private investors that they will not find a better price for allocated gold and silver anywhere else.

If you make the transaction in British Pounds, Euros, or Japanese Yen, you will pay a single 0.5% trade charge plus a 0.3% currency-switching fee to store gold.

If you purchase more than $75,000 in bullion, your trading fee will be reduced based on how much you trade in a year. As a result, the more you sell, the less you pay!

An annual administration fee (custody charge) of 0.12% applies to gold and 0.48% to silver and platinum.

Is BullionVault Safe?

Is BullionVault Safe

BullionVault boasts one of the world’s most secure and safe websites. It’s also worth noting that they offer an app, but it’s only useful for clients who are traders. You don’t have to be concerned about the safety of your precious metals since they’re insured, and you can also rest assured that they won’t be stolen by someone hacking the system.

Although the Bullion gold bars are at least 99.5% pure, this does not imply that you are “losing” that 0.5%. The reason for this is that your BullionVault inventory records only contain pure gold.

BullionVault suggests storing your bullion outside the country to defend against the introduction of local exchange regulations during a crisis.

Is BullionVault A Scam?

So, is BullionVault a scam? Not technically. You can make money with it, but it’s definitely not as easy as the company makes it sound.

Again, with any kind of financial product (especially trading), you’re taking on a lot of risk.

Sure, you could hit it big and retire in Italy, but chances are you need the stomach and financial cushion to weather tons of losses before you get there…and it may never happen.

Most of the big gains numbers these companies use in their marketing (“xyz grew by 4,112% in 3 months” or “this option made 324% in just 2 days”) are cherry-picked.

They don’t tell you about the 10 100% losers that came before.

In other words, if you invested $100 into 11 recommendations, you’d lose $1,000, and make back $324…so you’d still be out almost $700.

Most people don’t have the fortitude to stick it out through 3 straight months of losers in the hopes of landing one big winner.

What if, instead, you took those same 3 months, invested just a couple hours a day (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing

It’s a true lifestyle business.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - SAYING GOODBYE TO OUR JOBS

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

Are There Alternatives To BullionVault?

are there alternatives

Yes, there are plenty of other business models to choose from if you want to pursue this making money online.  Here are just a few:

What Is My Top Recommendation For Making Money Online In 2023?

Digital Real Estate

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1. It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

TESTIMONIAL - JUMP ALL IN

2. You Own & Control EVERYTHING: With anything in the financial markets, you own and control NOTHING. You have no say in price fluctuations, demand, or what the market will do.

Trying to beat the market is fighting against the tide. There’s just too much working against you, no matter how many supercomputers or rocket scientists are on your side.

With Digital Leasing, you own the assets, which means you have all the power and all the control.

TESTIMONIAL-FEELING-BLESSED

3. Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.

TESTIMONIAL-SCOTT-LEAD-GEN

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

Lance Lead Gen

1. Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with any kind of trading or investing, you’d have to double your initial capital OR double the average order size of your existing trades. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - ANNA DONE DEAL

2. Make Money Helping Real People: This part is what makes it all worth it. In the financial markets, you might be helping your family, but the impact never goes beyond you and maybe a few others.

But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

TESTIMONIAL-BOSS-OF-MY-FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like BullionVault which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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