Investing in precious metals is an excellent strategy to protect your wealth against economic volatility and diversify your portfolio. However, the first step you'll need to take before doing anything is to find a legit and trustworthy precious metals company!
So is Certified Gold Exchange Trustworthy?
Let's find out!
What is Certified Gold Exchange?
The Certified Gold Exchange is a precious metals company that has established itself as the United States’ most trusted supplier of gold and silver investments.
According to their website, in their 31-year history, Certified Gold Exchange never had a single client lodge a complaint and they take pride in this exceptional achievement.
Also, the company supplied banks, corporations, and households with gold investments.
Products & Services of Certified Gold Exchange
The Certified Gold Exchange is a large-volume discount seller of widely traded products.
You can also buy gold coins in orders of $50,000.00 USD and pay very close to wholesale prices.
More so, they actually search all other U.S discount gold dealers to find the lowest prevailing price of the day and then beat those quotes before you purchase.
American Eagle Gold Bullion Coin
Made in the USA from 100% domestic gold, the American Gold Eagle is a tribute to the glorious era when gold and silver coins were our nation’s only legal tender.
American Eagle Silver Proof Coin
American Eagle Silver Proofs are specimen-minted versions of the extremely popular bullion coin.
Also, with the exception of 2009, Proof Silver Eagles have been in continuous mintage since 1986.
Morgan Silver Dollar
The Coinage Act of 1873 brought an end to silver coinage in America and instituted a de facto gold standard.
Also, the ceasing mintage of silver coins significantly contracted the money supply, driving interest rates sharply upward.
More so, the already troubled economy fell into the Panic of 1873, plunging the country into six years of depression.
Gold IRA Rollover
A Gold IRA Rollover is when you move a retirement account to a Self-Directed IRA holding physical precious metals at an IRS approved depository for its owner.
You can do so by:
First, you can transfer any existing Traditional IRA, Roth IRA, SEP IRA, Simple IRA, or Self-Directed IRA to a gold IRA.
Second, if you have an inactive 401(k), meaning you no longer work with the company that created it, you can execute a gold IRA rollover.
Third, a 403(b) plan is a retirement account offered to employees of public schools and tax exempt organizations.
Fourth, 457(b) plan is a retirement account offered to state and local government employees, such as police officers, firefighters, and other civil servants.
Lastly, thrift Savings Plans are government-sponsored retirement accounts for Federal employees, such as civil servants and the military.
An IRS notice in 2014 declared that cryptocurrencies are “property,’ rather than currency, for tax purposes.
More so, the decision opened the door for cryptocurrency investments in traditional and Roth IRAs.
All IRAs need an IRS-approved custodian to maintain the IRA’s tax-free (Roth) or tax-deferred (traditional) status.
Reviews and Ratings of Certified Gold Exchange (2023)
What I Like About Certified Gold Exchange
Good Ratings and Reviews
Most of Certified Gold Exchange's reviews and ratings are positive which means that their customers are satisfied with their service.
What I Don't Like About Certified Gold Exchange
Since this company focuses on IRAs, there are limited precious metals options in Certified Gold Exchange.
They only have gold and silver products.
Is Certified Gold Exchange a SCAM?
Certified Gold Exchange is NOT A SCAM.
They offer good services to their clients and employees.
Other than that, Certified Gold Exchange also offers cryptocurrencies IRA which is good for those who have more risk appetite.
Thank you for taking the time to read my Certified Gold Exchange review and if you are looking for an alternative then check out our #1 recommended precious metals company.