“BullionByPost said its sales hit £87m in the year to April, presenting a rise of 58pc on the previous year. Founder Rob Halliday-Stein said the plunge in the price had increased enthusiasm, describing Friday as a ‘record’ day with over £1m sales. ‘For every seller, there’s a buyer,’ he said. ‘The sellers tend to be big and fast and the buyers smaller and slower. The reason they are buying has not changed – it is because they are worried about the medium to long term outlook for the economy, and QE.’ He set up the internet delivery business in 2008 after he found it difficult to buy physical gold after inheriting money following the death of his mother.”
