precious metals query

kidmugsy

I've just received an e-mail pushing this outfit.
http://www.goldvu.com/buy-physical-gold-and-silver.html

I suppose it's a competitor for BullionVault and the like. Does anyone know any more about it? Come to that, would anyone like to comment on BullionVault and its competitors?

ColdIron

I'm a believer that if you want to hold physical gold you should physically hold the gold so I wouldn't be inclined to allow some third party hold it for me

I'd be even less inclined to entrust someone whose contact details are:

If you prefer to use the old-school, millennia tried and tested pen and paper approach, then please contact us by writing to the address below

GoldVu

Ap TΘ 66415
Poli Chrysochous 8832
Paphos
CYPRUS

* The postal service in Cyprus is known to be not the most efficient in the world and the processing of mail by the Cyprus Post Office can take longer than expected.

Why would you use someone like this when you could use a well established onshore outfit? Do they provide an advantage that BullionVault do not?