Disclosure: We are required by the FTC to remind you that the content found on this webpage is not financial advice and should not be taken as such. Always do your own research and consult a financial professional before making any investment decisions. The owners of this website may be compensated by Goldco and/or any other company to recommend them. The content on this webpage may not be independent or neutral.
When you mention investing to most people the first thing that comes to their mind is the stock market, the stock market is just one of many options available to you. So, diversifying your portfolio by pursuing other options is a great way to protect your investments. Precious metals like gold and silver present just the kind of security you may be looking for.
When you set aside part of your earnings to invest in precious metals, either through self-directed IRAs or personal investments, you create more security for your investments should something unthinkable, like the stock market crashing, happen. If the stock market does crash and you’re approaching your retirement, or need access to your money for some other purpose, the impact of your losses will be minimized by your decision to diversify your investments.
Companies that deal in precious metals are designed to make investing in precious metals like gold, silver, platinum, and palladium coins and bars, easier for investors. Many of them have also added cryptocurrencies to their resume. A company that specializes in precious metals can be a great resource to have in case you want to just in case you want to invest in a few gold coins or bars for safekeeping at home or in your office. Or, when you’re ready to make larger purchases to be stored in a more secure location, or if you just want to roll over an existing self-directed IRA – also known as Gold IRAs.
There are a lot of precious metal companies out there to choose from. While competition usually translates into better prices for the investor, it can also make shopping around for the right company more challenging. With that in mind, we took it upon ourselves to compile a list of five of the best precious metal companies to simplify the selection process for you.
Precious Metals Investment Companies (ranked in order of rating):
1. Goldco — Rating: 9.9/10
2. Augusta Precious Metals — Rating: 9.7/10
3. Birch Gold Group — Rating: 9.6/10
4. Noble Gold — Rating: 9.4/10
5. Regal Assets — Rating: 8.9/10
Goldco — Our Top Recommendation Overall
Visit the Official Website Here: https://goldco.com/
Out of all the great investment companies out there, Goldco is the most highly celebrated. They carry an A+ rating from the Better Business Bureau (BBB) and a Triple-A rating from the Business Consumer Alliance (BCA). This indicates that they are a reputable company, so you can’t go wrong with Goldco.
Golco’s specialty is gold and silver IRAs. This is another way of saying that they are specialists in Precious Metals investing IRAs. So starting a Precious Metals IRA with Goldco is a great way to diversify your portfolio and protect your investments from the volatile stock market. And because they are so highly sought after precious metals like gold and silver make great investments. Plus they offer the stability that can’t be found in other types of investments and this remains true even when the stock market is underperforming.
Gold and silver are increasingly being used in manufacturing and advanced technologies. So you can look for the demand for precious metals to continue to grow as our technology advances. When the time comes for you to liquidate your precious metals assets, you won’t have any problems doing so, which is something that can’t be said for other types of investments.
Goldco offers gold coins and bars for your Gold IRAs and they all meet the IRS standard of being 99.5% pure.
Along with gold IRAs, Goldco offers silver IRAs as well. Silver offers some of the same benefits, in that it offers investors another way to diversify their portfolio and protect their wealth. Both silver and gold are highly sought-after precious metals, so they both make smart investment alternatives.
And, since silver is less expensive than gold, you could add more precious metals to your IRA for the same price you’d pay for gold.
Since IRS regulations mandate silver be 99.99% pure, for IRAs, Goldco offers a wide variety of IRS-grade silver coins and bars you can add to your IRA.
Goldco can also help you convert an existing IRA into a precious metals IRA. Many retirement accounts qualify for this conversion, which will allow you to set up your new self-directed IRA with funds already in your account. A Goldco member will walk you through the process.
Goldco’s gold and silver IRAs offer the same tax incentives as traditional IRAs. contributing $6000 (or $7000 for 50+) per year will ensure that your investments continue to grow until your retirement. When you reach 59.5 YOA, you can make penalty-free cash withdrawals.
For more information on setting up precious metals IRAs, visit Goldco’s website.
• Large selection of gold and silver coins and bars
• A+ rating with the Better Business Bureau
• Does not offer palladium and platinum
>>View the Official Goldco Website Here
Visit the Official Website Here: https://www.augustapreciousmetals.com/
When making a personal investment in gold and silver, set up an account, transfer funds into it, then choose the coins or bars you want to add to it. You can purchase your gold and silver bullions, as well as other precious metals, at Augusta Precious Metals. Some of the options available are:
The IRS mandates that gold and silver IRAs be stored at an IRS-approved facility. Augusta Precious Metals provides several storage options for their U.S. customers, including Wilmington, Delaware; Jackson, Ohio; Saltlake City, Utah; Los Angeles, California; Las Vegas, Nevada; and Bridgewater, Mass.
At Augusta Precious Metals, you can also purchase gold and silver for personal investments. Personal investing offers some of the same benefits as retirement savings accounts. You can protect your portfolio by diversifying, and protect against the decline of the dollar.
When you purchase gold and silver from Augusta Precious Metals, you get insured, free shipping.
>>View the Official Augusta Precious Metals Website Here
Visit the Official Website Here: https://www.birchgold.com/
The Birch Gold Group has been making customers their priority since 2003. Their goal is to help their customers find the right combination of precious metals for diversifying their portfolios and protect their investments. The Birch Gold Group has an experienced and accommodating customer service department to answer your questions and walk you through the investing process.
The Birch Gold Group will help you set up a Precious Metals IRA and diversify your portfolio. So, if you’re interested in starting a new IRA or converting an existing retirement plan, the first thing you need to do is open an account and transfer funds into it. Once that is done, you’ll be able to buy precious metals to add to it.
A member of the Birch Gold Group team will be there to guide you through the process and provide personalized assistance to help you achieve your investment goals. Once you’ve made your decision, our agent will show you how to complete the purchase.
The IRS mandates that gold and silver IRAs be stored at an IRS-approved facility. The Birch Gold Group provides several storage options for its clients. The Delaware depository comes highly recommended and offers a $1 billion insurance policy for peace of mind storage.
Before they can be held in a self-directed IRA, precious metals must meet a certain purity requirement of 99.5% for gold, 99.99% for silver, 99.95% for platinum, and 99.5% for palladium.
In addition to these IRS-approved precious metals, you can also buy precious metals for personal investment here as well.
>>View the Official Birch Gold Website Here
Visit the Official Website Here: https://noblegoldinvestments.com/
Noble Gold is another investment company that is deserving of a second look. They are Better Business Bureau and Consumer affairs accredited and they go to extra lengths to make sure their clients make the best financial decision without many people associated with precious metal investments. Noble Goble is also a Business-Consumer Alliance, The Royal Canadian Mint, and also TrustLink. They are well-respected and trusted by their many satisfied customers.
Noble Gold can help you set up your Precious Metals IRA to diversify your portfolio and protect your investments and ensure financial success.
After you fund your account, you can then select precious metals to add to your self-directed IRA. Noble Gold has a wide selection of IRS-approved precious metals for you to select from to add to your portfolio.
If you’re into buying precious metals for personal investment, instead of a self-directed IRA, Noble Gold can help with that too. In addition to the precious metals listed above, you can also purchase collections and rare coins.
All of their rare coins are independently certified and graded by the Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS). Each coin or collection is shipped to you in a sealed container for safekeeping.
Noble Gold also offers its investors the Royal Survival Pack, of which there are eight different options to select from in the pre-selected precious metals category. They are designed to meet the financial needs of a variety of investors. The following are some of the packs available at Noble Gold:
• The Noble Cavalier Pack: A $5,000 investment
• The Noble Knight Pack: A $10,000 investment
• The Noble Baron Pack: A $25,000 investment
• The Noble Viscount: A $50,000 investment
• The Noble Earl: A $100,000 investment
• The Noble Marquess: A $250,000 investment
• The Noble Duke: A $500,000 investment
• And the Noble Ambassador: Available and customizable for people who live outside the U.S.
When you do business with Noble Gold, your order will be sent to you discreetly, securely, and as quickly as possible. Noble Gold has numerous precious metal suppliers, which makes it possible for them to offer their clients precious metals at competitive prices. Should you decide to sell your precious metals, Noble Gold has a buy-back plan that makes doing so quick and easy.
Another reason to deal with Noble Gold when purchasing precious metals is their courteous staff. They are always kind and considerate and never pushy or belligerent when conducting a transaction. They desire to help each customer make the best decision possible for their financial health and stability. They will never urge you to make a decision you don’t want to make.
• Let’s investors invest in digital currencies
• Secure storage at their storage facility in Texas
• Offers a wide variety of precious metals to invest in
• Gold IRA rollovers require a $5000 investment minimum
>>View the Official Noble Gold Website Here
Visit the Official Website Here: https://www.regalassets.com/
If you’re looking to diversify your portfolio with precious metals or cryptocurrencies, you might want to consider Regal Assets. Founded by Tyler Gallagher over 10 years ago, has become a trusted name among precious metal investors. As a member of the Forbes Finance Council, they have the experience and knowledge to help their clients make the right financial choices for their situation.
Regal Assets will help you set up your first Precious Metals IRA. They have a large selection of IRS-approved precious metals for your IRA. simply complete an online form to set up a new account and transfer funds into it. You will then be able to purchase coins and bars for your new IRA.
In addition to helping you set up your new Precious Metals IRA, they can also help you convert an existing retirement account into a Precious Metals IRA account. If you have questions about your retirement account’s eligibility, a Regal Asset team member will help you with that too.
Regal Assets offers a wide variety of precious metals to invest in, and they all meet IRS purity standards.
There’s one thing that sets Regal Assets apart from other gold investment companies and that is, you can also invest in cryptocurrencies with them. Cryptocurrencies are just another avenue by which you can diversify your portfolio and guard against a drop in the stock market and a weakening U.S. dollar.
If you are interested in cryptocurrencies, they offer the following:
Regal Assets also offer investment packages that are designed to make the investment process as simple as possible for new people looking to invest. They also offer pre-selected coins and bars. The following are six different packages offered by Regal Assets:
• The Merchant Package: A $5000 investment
• The Knighthood Package: A $10,000 investment
• The Legacy Portfolio: A $25.000 investment
• The Kingship Portfolio: A $50,000 investment
• The Dynasty Portfolio: A $100,000 investment
• And The Coronation Portfolio: A $250,000 investment
• Your precious metals are stored in secure IRS facilities
• Segregated, secure options for personal investments
• Cryptocurrency options
• Their selection of precious metals is not as wide as some other companies
Considerations for Choosing an Investment Company
Before you select an investment company, be sure to read through the list of things to be considered below. Taking time to choose the right investment company could mean the difference between choosing one that can meet your needs and help you achieve financial stability and one that will leave you hanging in the lurch.
Reputation and Experience are Crucial
As with any other large expenditures, you’ll want to weigh your options diligently and select only the ones that are reputable and trustworthy. For example, you’ll want to choose one that has many years of experience and favorable customer reviews. Try looking for companies that have an A+ rating from the Better Business Bureau and accredited with Consumer affairs.
Available Investment Options
You’ll want to take a closer look at the options made available by each company. For example, do they only offer precious metal IRAs, or do they allow the purchase of precious metals for personal investments?
Once you’re satisfied, you can take a look at their precious metal inventory. Do they carry gold, silver, platinum, and palladium? Or gold and silver only? And do they have coins and bars available for purchase? Are they available for both IRAs and personal use?
If you’re interested in cryptocurrencies like Bitcoin, you’ll want to know if they offer that option too. It could be a future option for you to consider, so make sure they can accommodate you.
Fees and Other Charges
It is a good idea to check the fine print before signing on the dotted line. There could be hidden fees in the agreement that you’re not aware of. For example, your IRA might require you to pay a yearly fee or some other charges. The answer to these questions could be the deciding factor should you be two otherwise equal investment companies.
Quality Customer Service and Support
Setting up a new Gold IRA can be a challenge for a first-time investor. So you’ll want to find a company that offers first-class customer service and support. You don’t want to end up being charged for transferring funds from an old account to the new one as an example.
A company that is helpful and willing to walk you through the process is preferable when it comes to setting up a new IRA or rolling over an old one. Moreover, you’ll want an investment company that is eager to offer advice and guidance when you’re unsure which direction to take with your investment strategy.
Top of the Line Picks
All of the investment companies we reviewed in the list above are reputable, trusted and top-notch companies that are willing to help you set up your Precious Metals IRA, or guide you through the process of investing in gold, silver, platinum, and palladium. But, as you’ll notice, Goldco is our top pick overall.
But they are all A+ rated companies with the Better Business Bureau and have a triple-A rating with the Business Consumer Alliance. Goldco just stands out when it comes to helping new investors set up new accounts or roll over old Precious Metals IRAs. They have extremely knowledgeable and helpful team members who are well-equipped to address any concerns you might have.
Goldco has a nice inventory of IRS-approved gold and silver bars and coins you can add to your portfolio. Gold and silver is an excellent way to diversify your portfolio and protect against the volatile stock market.
So, if you choose to go with Goldco, we are confident you will have made the right decision. For more information on how to sign up for one of their self-directed IRAs, just visit their website and they’ll show you how to get started.
Frequently Asked Questions
What are the advantages of investing in gold or other precious metals?
Investing in precious metals like gold, silver, platinum, and palladium is a great way of diversifying your investment portfolio and protecting your wealth. Unlike the stock market, which tends to fluctuate violently at times, precious metals have traditionally been known to be very consistent. And since they are rare and hard to get your hands on, their value will only increase.
Usually, when people think of precious metals they think of jewelry, but they are used in a variety of ways, which also ensures their value remains high. For example, they are almost indispensable for the technology sector, and that need will continue to grow in the future.
Investing part of your income in precious metals like gold, silver, platinum, and palladium is a great way to diversify your portfolio. It is also highly recommended by financial experts as a bulwark against the highly volatile stock market. It would be the epitome of bad luck if all holdings were invested in the stock market and it crashed right about the time you planned to retire. You would be ruined financially. But, had you invested some of your money in precious metals, you would be spared such a devastating fate.
Another good thing about precious metals is that they are easy to liquidate when the time arises. Because they are in such high demand, you won’t have any trouble unloading them. This is certainly not the case with stocks and bonds, or some other type of investment.
When is the best time for you to invest in precious metals?
Ideally, you’d want to purchase precious metals when they are at their lowest price. But since precious metals are so valuable and desired commodities, price drops are few and far between. But some signals will alert you to when is the right time to buy. For example, the price of gold usually rises when there is a dip in the stock market. When you see this happen, it is a clear indication that it is a good time to invest in gold.
Also learning how to assess stock market futures could be a big help in predicting which way the price of gold is going to go. Another good indicator is when you hear news of the federal reserve announcing its intention to print more money, as gold’s value increases when the dollar value decreases.
Exactly What is a Gold IRA?
A gold IRA is a type of self-directed (Individual Retirement Account). Gold IRAs let investors invest gold, silver, platinum, and palladium into their Individual Retirement Accounts, instead of stocks and bonds, as done with traditional IRAs. Plus, Gold IRAs offer the same advantages as other retirement accounts, although the fees may be slightly higher.
Another benefit of setting up a Gold IRA is, it allows you to hold some of your money in precious metals instead of putting it all into stocks and bonds. You also have the option of rolling over an existing IRA and converting it into a Gold IRA.
What Percentage of My Investments Should I Devote to Precious Metals?
That depends largely on the individual. The right percentage for one might not be right for another. There are a lot of things that could have a bearing on your decision. Your age, for instance. So, try to decide what percentage you feel comfortable investing in at a given time. If retirement is right around the corner, most experts advise against making risky investments at that time. But if you’re a long way from retirement, you can take bigger risks and invest a larger percentage of your portfolio in gold and other precious metals.
And you could continue to monitor the stock market’s performance and use that as an indicator of how much to invest in gold. The risk of this strategy is, if you move too slowly, you could end up losing money.
Where Is the Best Place to Purchase Precious Metals?
You can buy gold at coin shops and bullion dealers. Most areas are served by local coin shops and bullion dealers, so you should be able to buy gold in person. But, before you do, be sure to check up on the shop or dealer’s reputation by doing a little research. When it comes to gold, it is best to do business with a reputable dealer. Another thing you’ll want to do is check up on the current price of gold and keep it with you when you visit the dealer. It can help protect you from being cheated.
Another option, in addition to buying gold in person, is buying it online. There are a lot of online investment companies for you to choose from. Many of them carry a large selection of gold and other precious metals. You can buy them as a personal investment, or to add to your self-directed IRA. And, as always, check to see if the online vendor is reputable by checking its reviews and ratings before making a purchase.
Would It Be Wise to Invest All of My Money In Gold?
Most experts would probably tell you that that is not a good idea. Precious metals should be used as a bulwark against sudden catastrophic loss due to the volatile stock market. Investing all of your money in gold could lead to similar losses should gold prices fall. So be proportional in your investment strategy.
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Phillip Peters is an independent journalist, entrepreneur, digital marketer and press release publisher. He has a soft spot for technology, gadgets, cryptos and writing about health and politics. He also loves travelling the world! Phillip has been working with KukaUSA full time since September 2018.