BullionVault monthly reports
The monthly reports which include all the data about EGYPT CryptoCoin balance of Gold will be for public here in that page by adding the PDF BullionVault reports of the balance.
Our Public nickname in BullionVault is: EGYPTEGY
- About the BullionVault: service is owned by Galmarley Limited [name origin], which is company number 4943684 registered in England and Wales at 12th Floor, Landmark House, Blacks Road, Hammersmith, London W6 9DP.
- Business History and Financial Performance: An original £275,000 [$500,000] of seed capital was injected at the incorporation of Galmarley Ltd in October 2003, and it funded the early planning and development of the BullionVault service. After developing the software, and over a period of two years from March 2005, the business raised approximately £3.5m in equity funding. This money was invested in gold bars and currency to provide the inventory which the business needed to operate. The accessibility, safety and value of gold bought through BullionVault quickly made the service popular, and the business traded profitably in year one. Its revenues come from a mixture of four sources:-
- Commission
- Custody fees
- Interest receipts
- The difference between buying and selling prices of gold, known as the "trading turn"
The company traded profitably from its first year (2005) grown steadily, and particularly rapidly since 2008.
On 1st September 2008 they were elected into the London Bullion Market Association which represents the largest of the world's physical bullion markets.
In April 2009 they won the Queen's Award for Enterprise (Innovation) for use of technology in making the efficiencies and reliability of the professional bullion market available to private customers. In 2013 they were awarded a second Queen's Award for Enterprise (International Trade) for growing overseas sales by 140% in 3 years.
They always publish our most recent audited accounts online.
Now they have over 70,000 active customers, from over 175 countries, holding approximately $2 billion in stored bullion. In fact, with more than 38 tonnes of gold and 500 tonnes of silver bullion, BullionVault's customers are already holding significantly larger reserves than most of the world's central banks.
