A growing number of investors are starting to buy precious metals to create a more diverse investment portfolio because of the stock market’s rising volatility and the unpredictability of the global political landscape.
This is because although some other assets can win or lose value depending on several social factors, it has been proved throughout the years that gold and silver managed to stay relevant no matter the current status of the world.
Yes, these assets have had some fluctuations throughout the decades, but they have also proven their effectiveness in protecting your goods from inflation because of how minor the fluctuations are. Moreover, remember that most experienced investors prefer physical gold over other gold investments, such as gold ETFs, investing in gold mining companies, or paper gold.
Advisory! Prior to diving into this review, we’d like to stress that at Investors Circle, our mission is to protect your wealth. We know that our research reports may alter your investment decisions, so we want to be 100% sure you are investing your hard earned money with the right company!
With this in mind, we urge you to check out our list of the top five companies in this space (we found 1 that fits 99% of investors needs)
See if GoldSilver.com made our list this year, or continue with this review below to see if they are possibly the right company for your investment needs.
The rise of online gold dealing companies has made buying high-quality physical gold simpler than ever, as these companies can directly send your assets to your home or store them in a safe place.
However, please only purchase from reliable and licensed sources to protect yourself and your assets. Sadly, many scammy platforms trick people into buying their goods to steal their money. If you’ve been researching which company to use to buy precious metals and get a Gold IRA, you may have come across GoldSilver.com.
Nonetheless, it is normal to wonder if this company is trustworthy, what its products are, and what its clients think about it. That’s why we created the following GoldSilver.com review to help you fully understand the company and decide where and how to spend your money. Keep reading this review to answer all your questions.
What Is GoldSilver.com?
This is one of the most well-known companies in the metal trading industry. Since Mike Maloney introduced it to the market back in 2005, its main purpose has been to offer information and services to investors and those who trade gold all over the world.
The company aims to simplify gold and silver investments for everyone in the world.
GoldSilver.com Customer Service
If you have any problems with GoldSilver.com, please contact its outstanding customer service team through a phone call, an online chat, or email. This way, you can order your preferred assets and answer all your questions about the company.
The Creator of GoldSilver.com – Mike Maloney
The person who created Gold Silver is Mike Maloney. He hosted a popular show about gold and silver investments and wrote a best-selling book explaining how to invest in gold and silver. Moreover, Mike Maloney is a former Rich Dad/Poor Dad counselor.
However, Mike Maloney has the help of Jeff Clark, who has been an active investor throughout most of his life and has obtained huge customers all over the world.
GoldSilver.com Educational Features
On the company’s website, you can find videos about gold and silver investments and how investors use their liquidity and stability to grow their wealth.
GoldSilver.com Payment Options
Everyone can enjoy a variety of helpful payment choices when purchasing something from GoldSilver.com, and the best part is that you can buy assets in both fiat money and cryptocurrencies.
What Precious Metals Does Goldsilver.com Offer?
Gold Silver prides itself on offering its customers the most helpful bullion products. Therefore, it only features gold bars, jewelry, and coins from the most reputable mints. Moreover, its several customer reviews confirm this.
Many investors agree that GoldSilver.com offers a highly appealing selection of silver goods. According to several reviews, some of the most popular assets this firm sells are its popular coins. These coins are the Canadian Silver Maple Leaf and the American Silver Eagle.
Additionally, it offers a wide selection of affordable mint rounds. One of them is the Modern Ancients, an exclusive line of rounds that has proven to be highly appealing to collectors. These options are fantastic for diversifying your portfolio and benefiting from metals with an incredibly high purity level at much lower prices than other gold and silver coins offered by several countries’ governments and banks.
What Type of Gold Should I Buy?
Buying physical gold and silver assets is a great way to get high-quality gold because reputable mints produce precious metals of the highest possible quality that match most investors’ expectations. This causes gold bars to be dependable assets to safeguard your money against inflation. These assets are the best option for many investors due to its adaptability. Moreover, its premiums are less expensive than gold coins, making gold bars more appealing. This is why trading platforms, banking institutions, and other organizations rely on gold bars.
The purpose of gold bars is also to be easy to store. However, these perks can’t only be used by large enterprises, as you, as a regular customer, can also benefit from them. Gold bars are much more profitable than other types of physical gold, and you can keep them in a third-party safe vault as large enterprises do.
On the other hand, gold rounds don’t have a fixed dollar value, as their mint is what defines this. If you don’t want too many complications, use gold bars instead.
Gold Silver Storage Options Review
With Gold Silver’s services, you can store your precious metals in reliable vaults that aren’t tied to any banking institution. This company uses segregated storage at each of its helpful storage facilities, so you don’t have to worry about someone else getting your metals.
Gold Silver offers many account options. A customer can set up an individual account or a joint one to invest with a business partner or spouse. Additionally, if they have a more complex investment portfolio, their best option is to use a business account.
Furthermore, Gold Silver’s vaults are managed by the world’s most recognized security companies—Brinks—or International Depository Services Group. Its main locations are in Dallas and Salt Lake City, but you can also find vaults in Singapore, Hong Kong, and Toronto.
Moreover, the organization recommends a reliable company if you need a qualified custodian to administer your IRA.
These custodians will probably be from Equity Trust, as this is Gold Silver’s most common partnership. However, you can choose your own custodian from another firm if you prefer.
Gold Silver Insurance and Shipping Options Review
Gold Silver offers free shipping on orders over $499. However, orders below that amount only have to pay a $25 delivery fee. Gold Silver is highly rigorous in making sure each item is safe while packing orders for delivery.
Orders are also discreetly packed to prevent anyone from seeing your assets and trying to steal them. Gold Silver tends to divide orders of more than $75,000 into many packages to have fewer chances of putting your investment at risk.
Moreover, Gold Silver offers insurance during transportation. Therefore, you won’t be held responsible if your physical assets are damaged or lost while being moved from one place to another.
General Reviews of GoldSilver.com
If you decide to purchase physical gold or silver, you must look for a company that can be trusted, and you can make sure of that by checking its customer reviews. Sadly, you can’t rely on the platform’s website to know this.
Instead, you should examine customer reviews written by clients who have placed orders with the business, as this will help you decide whether to commit to it.
However, you don’t have to thoroughly investigate Gold Silver’s past customer reviews, as we already did that for you.
According to our research, the Better Business Bureau gave it a C, which isn’t too favorable for the organization. Moreover, it also stated that the company is not accredited, which can become a problem later on.
Nevertheless, it received AAA ratings, 4.3/5, and 5 stars from Business Consumer Alliance, Trustpilot, and TrustLink. Moreover, we can confirm that the business is reliable because of the more than 1060 favorable customer reviews on Trustpilot.
Can You Trust Gold Silver?
After examining several aspects and reviews of Gold Silver, we’ve determined that it is a legit business. It has been a reliable trading company since 2005 and has been praised for its services by most of its clients.
However, searching for other companies is okay, as we have noticed a few problems with this business. First, GoldSilver.com’s BBB rating is C, and it is not properly accredited. According to BBB’s website, the company got this rating because it failed to answer some negative customer reviews.
This raises the question of why the dispute wasn’t solved, but sadly, we don’t have that information. Still, you must know that over the past three years, Gold Silver has only gotten two customer complaints. Even though the number of customer complaints is so low, it is still larger than zero, but most investors have been okay with purchasing goods from this business.
Also check out: Amagi Metals
Lack of Variety
Moreover, this might not be the right business for you if you’re interested in purchasing a wide variety of precious metals.
Many precious metal companies all over the world offer other helpful goods, such as palladium, copper, and platinum. Sadly, you can only purchase gold and silver goods, which isn’t appealing for investors wishing to diversify their portfolios. Palladium and platinum are excellent investments, but this company may work if you’re only interested in gold and silver.
Its shipping price is another drawback of this company. You must purchase at least $499 worth of goods to access the free delivery option. Although its shipping fees are affordable, other businesses provide free delivery on all purchases or items that surpass $50.
GoldSilver.com Review – Summary
Unquestionably, Gold Silver offers fantastic and helpful services and is a reliable source for getting gold and silver coins and billions. Therefore, if that’s all you want to do, we highly recommend GoldSilver.com. It excels at what it does, but sadly, it is pretty limited regarding its services.
Moreover, many choose other companies because of its low BBB rating, expensive shipping costs, and reduced selection of precious metals. Hopefully, this review helped you clear your mind on whether this is the right company for you or not, and remember, you can find more reviews like this on our page.