It is only those investors who are willing to ignore macro and micro economic issues who would currently be comfortable with their existing retirement-focused investment portfolios. An increasingly inflationary outlook holds the possibility of a negative medium and long-term effect on the value of traditional stocks and bonds that are the focus of traditional portfolios. However, global uncertainty surrounding conflict, supply chain disruption, and the possibility of socio-politically driven unrest are also contributing to downward pressures on traditional portfolio values.
However, many investors are turning to precious metals as a method to further diversify portfolio holdings. Investment in precious metals (such as gold and silver) can offset inflation and other global pressures that affect portfolios that are focused on stocks, bonds, and other traditional financial instruments.
In order to take advantage of an IRA investment in precious metals, regulations dictate that it is first necessary to engage the services of an intermediary. This intermediary (a precious metals IRA company will assist the investor in trading in precious metals, handling reporting issues, and identifying a secure precious metals repository for the storage of physical gold and silver. The gold and silver IRA company also offers a number of other services to make an investment in precious metals easier, safer, and more profitable.
For those investors in search of a professional (and reputable) gold and silver IRA company here are three of the best.
1. Goldco Precious Metals Company
Investors are always in search of peace of mind - and Goldco offers that through its stamp of approval by the Better Business Bureau which gives it an A+ rating. The Business Consumer Alliance has also given it a triple-A rating. Goldco offers investors the ability to invest in (and trade) gold and silver in the form of bullion (bars), but also has a very attractive range of investment-grade collectible gold and silver coins such as the American Eagle series and coins issued by the Australian Perth Mint such as the silver Great Barrier Reef and gold Australian Striped Marlin coins. Consumers will have access to secure storage at the Delaware Depository.
When it comes to pros and cons one of the positives of selecting Goldco is without a doubt their exceptional buy-back program, which offers the best prices available. The company also has an exceptional range of educational materials that includes a comprehensive introductory kit for those considering investing in precious metals. The kit includes video, audio, and printed materials. Another plus is the company's easy-to-understand and transparent fee structure. It also makes a unique offer of up to 10% in free silver for qualifying purchases. If there is one hurdle that investors may find daunting it is the fact that an initial investment of $50,000 is required.
2. The Augusta Precious Metals Company
Augusta has been around for a decade and is one of the most trusted names in gold and silver IRA companies. It has an enormous amount of information that is dedicated to client education. Much of this information can be found on its extremely easy-to-navigate website. In fact, Augusta goes as far as playing Devol's Advocate by offering new investors a video blog series on why not to invest in gold - definitely unique. The Augusta Precious Metals Company also has an A+ rating from the Better Business Bureau. It also boasts overwhelmingly positive reviews on a number of platforms such as TrustLink, and the Business Consumer Alliance. The company allows investors to choose between gold and silver bullion, as well as a wide range of investment-grade coins. Like Goldco it trusts clients' physical assets to the Delaware Depository.
Augusta's commitment to client education and exceptional customer service are two of the reasons that it has such a sterling reputation. The fact that it offers clients the possibility of fee waivers of up to 10 years (depending on activity) is another strong positive for investors. Once again, it is a gold and silver IRA company that requires a minimum purchase order of $50,000, which some clients might find too rich for their blood.
3. The Birch Gold Group
When it comes to a history of success, Birch Gold Group has most competitors beat. It has been in business since 2003 and during that time has built an immaculate reputation among its large client base. As is normal with most top-flight gold and silver IRA companies it has an A+ rating from the Better Business Bureau, as well as a AAA Business Consumer Alliance rating. It also provides investors with a wide choice of precious metals that can further diversify any portfolio. It offers not only gold and silver but also Platinum and Palladium. It also offers an inventory of investment-grade coins, including Platinum coins like the American Platinum Eagle and the Australian Platinum Florin. The Canadian Palladium Maple Leaf is also on offer.
One of the pros of dealing with the Birch Gold Group is the transparency of its fee structure (it also charges a flat-rate annual fee) and a wide choice of different depositories (including Delaware Depository or Brink's Global Services) that offer exceptional levels of security. Refreshingly, it requires a $10,000 initial purchase, which makes it perfect for those starting out on their precious metals IRA journey.
For more elaborate information on the Top 3 Best Gold And Silver IRA Investment Companies, I suggest you read the Taylor Snow Gold IRA Companies Review. I hope that your find this information helpful but always make sure to consult a financial advisor in the Gold And silver And Precious metals IRA space.