Clients in News: MarketWatch
Miguel Perez-Santalla, VP with BullionVault in New York, is quoted in the MarketWatch story What bullion dealers are saying about gold demand. Excerpt:
BullionVault, a physical gold and silver market for private investors online, has seen new account openings triple since April 15, with four new accounts opened for every one account that liquidated gold holdings, according to Miguel Perez-Santalla, New York-based vice president of business development.
The drop in gold deposits was 1% at its worst in April, but that was cut to 0.8% by the month’s end “as customers bought some back,” he said. “If you compare, by percentage, our losses to that of the ETF, you see that our customers are the buy-and-hold crowd versus the fast money.”
