Mike Maloney, the company’s CEO and founder, is key to its success. He is a well-known authority on gold and silver investing, a best-selling author, and the host of a financial online series. His background in financial planning lends credibility to GoldSilver.com and sets it apart from other precious metals dealers.
One of gold’s unique features is its independence from international banks and adequately insured vaults. This ensures the safety of consumers’ assets and decreases the likelihood of taxation or government seizure.
Customers have exclusive access to their metals in their storage facilities due to their segregated storage practices. Vault management is handled by reputable firms with offices in Dallas, Salt Lake City, and other places, such as International Depository Services Group and Brinks.
In comparison to many of its rivals, GoldSilver.com provides a wide range of options for buying gold and silver bullion.
Gold bars from one gram to one kilogram, including a gigantic 400-ounce gold bar, are available for purchase by customers. The business acquires bullion from authorized government mints, providing products that conventional government holdings don’t often offer.
In addition to offering silver coins such as the American Eagle, Canadian Maple Leaf, Britannia, Austrian Philharmonic, and South African Krugerrand, we also provide gold coins like the Australian Kangaroo, American Eagle, and American Buffalo. There are several sizes of silver bars available, going up to 100 ounces.
Segregated and allotted storage are the two alternatives that GoldSilver.com provides. Despite being less expensive, allocated storage does not maintain holdings apart from one another.
Customers are required to pay a minimum monthly charge of $4 for the assigned storage cost, which is calculated as 0.06 percent of the account balance.
A minimum threshold of $35 per month is required for segregated storage with exclusive access to metals, and any excess holdings will incur fees of 0.08%. Even though Goldsilver’s prices are fairly reasonable, some clients might prefer flat fee structures for accounts with bigger balances.
GoldSilver.com offers two storage choices: segregated storage and allotted storage. Even while allocated storage is less expensive, it does not maintain holdings apart from one another.
The monthly cost of allotted storage is equal to 0.06% of the account value, with a minimum charge of $4. Segregated storage with exclusive access to metals mandates customers to fulfill a minimum threshold of $35 per month, and holdings exceeding this minimum attract an additional fee of 0.08%.
Despite the fact that Goldsilver’s rates are fairly reasonable, certain clients might prefer flat charge arrangements for higher-value accounts.
Is GoldSilver.com a reputable company? Customer Reviews
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A well-known online retailer of precious metals, Is GoldSilver.com a reputable company? Yes, it is as it provides a wide selection of goods and safe storage choices. Even though it is not a fraud, several unfavorable comments point out areas for improvement, like order processing and communication. When picking a dealer, you might also take the company’s out-of-stock circumstances and pricing competition into account.
A respected precious metals dealer with a wide range of goods and storage choices, GoldSilver.com is supported by Mike Maloney’s knowledge. Before making purchases, prospective buyers should investigate and take into account competing businesses with better track records and competitive prices.