Kickstart - thanks for your negative little post, go back an read it you sound like moaning old man....lighten up a bit please!
Sorry if I have offened anyone, my point was about taking positions in gold and that a spreadbet expires and it is exactly that a bet with a company making a market, I'd personally find it hard to go long or short in a decent size with a spreadbet.
And also the spread through a bullion dealer is high at least about 7%+ premium on the gold price. The sell price is usually the sterling price an ounce so no worries there.
Bullion vault seemed like something in between being able to buy with a decent spread and hold with no leveraged derivative element yet there is so little interest in it. I have no connection with the site whatsoever if the previous poster had read my earlier posts many of them where simply asking for any feedback or comments - my main worry was if there would be a willing buyer for a kilo+ on the website when the price went up. That is a question that BV themselves can't actually answer I think it will all depend on the participant on the day.