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Have you thought about a precious metals IRA to hedge against the potential recession that's coming in 2023?
Investing in gold is one of the oldest methods used by investors to safeguard their assets. If this is something that interests you, then Birch Gold Group could be worth considering. In my Birch Gold Group review, I'll discuss what it offers, its features and storage options, pricing & fees associated with investing through them as well as any complaints customers have had about using the service.
Gold IRA companies provide an amazing opportunity for your retirement account and will store precious metals in a gold IRA depository that you're going to need to to protect with a gold IRA custodian.
Ben Shapiro is one of their main sponsors who is the editor in chief at The Daily Wire. It's great to see the amazing sponsors Birch has been able to get. Check out how Ben breaks down the economic consequences for the current market conditions and why it's important to look at this as an option.
Who is the Birch Gold Group?
Birch Gold Group is a gold investment company that specializes in physical gold. They provide investors with the opportunity to purchase and store physical gold, giving them an alternative way to diversify their portfolios. They will give you real time visibility into the four types of IRS approved physical precious metals that you put into your precious metals IRA.
The 'four metals' are gold, silver, platinum and palladium. Birch is able to provide all four options for your investment portfolio and what's important to note is that the later two (Platinum and Palladium) come from South Africa and Russia (mostly).
Because Birch is able to offer these types of metals, it's clear they are taking this seriously and it's important to review what they have if you're seriously considering a minimum investment of $10,000 and are buying precious metals.
What are the red flags to watch out for?
Birch Gold Group has been a reliable and trusted name in gold investments for over a decade. However, like any company, there have been some complaints lodged against them. The majority of these complaints center around pricing and fees associated with their services. Customers have reported that the prices are higher than what they expected or were quoted initially. Additionally, customers have complained about hidden fees that weren’t disclosed up front.
Here's a breakdown of what the Business Consumer Alliance, Better Business Bureau (BBB) and other review sites think of Birch Gold Group.
Despite some complaints about Birch Gold Group, many customers have reported positive experiences with their services and investments.
Ok so how does Birch actually work?
They are very clear about what you're getting from a gold IRA from the beginning and they have the steps broken down just like Augusta Precious Metals does with their team. From the first page of looking at their precious metals IRA they explain what a self directed IRA means and how you can apply it to diversify it. If you have any questions you can always call their precious metals experts.
The beauty of all this is once you setup your own self directed IRA custodian account, you'll be able to pick off the precious metals you want to have in retirement funds and take advantage of the birch gold offers. Many investors find that excellent service and precious metals products to be the right fit for what they need in a gold company.
You should always check the price of precious metals before investing and the best way of doing that is by always understanding the price. Here's a chart for you!
Benefits of Platinum and Palladium in a precious metals IRA
Most of the other gold IRA companies don't offer these metals which is a benefit and a competitive differentiator for Birch. Diversification is extremely important when you're thinking about this as a hedge against a recession and/or inflation that continues to rise.
By adding these metals to your precious metals IRAs, you'll have even further diversification away from gold and silver. This isn't one of those free silver deals but rather giving you as much knowledge around having multiple precious metals to feel comfortable that you've diversified away from the stock market.
Birch Gold Reviews (Fees)
It's important to have clear and easy to find fees when looking at setting up a new account like this. Birch Gold does a great job of making it clear what their pricing is for annual fees and initial setup. The goal is to build trust and it's important that brands do this (similar to how Augusta Precious Metals is the #1 trusted brand).
The minimum investment with Birch Gold is $10,000 which isn't the lowest like Lear Capital but most companies require at least at $50,000 investment so make sure you know what you're getting into before you sign up!
Pros & Cons
Pricing & Fees Associated With Birch Gold Group
The pricing structure offered by Birch Gold Group is very competitive compared to other companies offering similar services. They do not charge any additional fees for buying or storing your investments, making it easier for investors to get started without worrying about hidden costs down the line. They also offer discounts when purchasing larger quantities which makes it even more affordable for those looking to invest a significant amount into physical gold assets over time.
There have been some isolated incidents of customer service issues in the past, however, most customers report being satisfied with their experience when dealing with Birch Gold Group's staff members and services provided. Overall, these complaints appear to be an anomaly rather than a systemic problem within the company itself.
Birch Gold Group is a precious metals and gold investment company that provides individuals with strategies to protect their wealth from inflation and recession. The next heading will discuss the various services offered by Birch Gold Group.
When it comes to gold investments, storage is an important factor. Birch Gold Group offers four main options for storing your gold: Delaware Depository, Brinks Global Services, Texas Precious Metals Depository or the International Depository Services.
They have $1 billion in insurance coverage in all risk insurance coverage through London underwriters. Being one of the best places to store IRA qualified assets and the bullion they store for you is stored off their balance sheet.
Some of the other important items to note are:
Exchange approved for CME & ICE
72,000 square feet of fortified and secured access controlled facilities
State of the art security system and Class 3 vaults
Executive team has over 200 years of precious metals experience
It's one of the best places on earth to store your metals and you can check out more info here: https://www.delawaredepository.com/
Brinks Global Services
When I hear Brinks, I think of home security systems but this is actually a division of Brinks so you can rest assured it's not the home security team.
This team has over 1000 facilities across 120 countries and you can rest assured they are protecting your assets. They will be transported in armored vehicles and you can rest assured they aren't messing around with this - it's their business to make sure it's protected.
Texas Precious Metals Depository
This place is crazy. It's a small building in Shriner, Texas that looks like a single story small building from the outside but inside they have a crazy underground facility.
There is a vault underneath that building with a Class 2 security level. They have some pretty interesting features to protect your gold from the outside world.
Protected by bulletproof doors from all entry points
All access points are protected with man traps and truck traps
Protection enabled with biometric scanners and metal detectors
Hired and vetted employees who are armed and on-site
Complete coverage 24 hours a day - 7 days a week - every day
If the alarm goes off - it feeds back to the city and county to make sure there is coverage
International Depository Services
We're going to call them IDS for short but they are a power house when it comes to protecting assets and they are one of the precious metals specialist options that you'll want protecting your precious metals purchase. Precious metal investments are important to be protected by reputable firms and who understand how to protect IRS approved precious metals investment options that Birch Gold customers want to have stored.
IDS is a subsidiary of Dillion Gage, Inc. which is has been in business for four decades and has a wealth of knowledge around how your precious metals should be stored.
A few key bullet points of how they protect your assets
Your assets are insured (100%) through an all-risk policy underwritten by Lloyd’s of London. Lloyd's of London is one of the world’s leading provider of specialized asset insurance companies.
All client assets are held in “custody.” They are stored in client-specific accounts off the IDS Group’s balance sheet. In other words, they are held in the client’s name, not as a deposit or consignment, off the International Depository Services’ balance sheet.
Alternative gold IRA options
Augusta Precious Metals
My most recommended place to go is Augusta Precious Metals because they are the most trusted gold IRA company because they focus on trust, education and empowerment. If you need to find more info on Augusta, you can check out my Augusta Precious Metals review and make sure you're evaluating multiple companies before deciding on what the best gold IRA company is for your investment needs.
Is Birch Gold Group a reputable company?
Birch Gold Group also offers competitive pricing on their products and services, along with excellent customer service. Additionally, they have an experienced team of professionals who can provide guidance to customers regarding their investments and wealth protection strategies. Overall, Birch Gold Group is a reliable choice for those looking to invest in precious metals or gold IRAs.
How long has Birch Gold Group been in business?
Birch Gold Group has been in business since 2003, providing customers with access to precious metals and gold investments. As a trusted source for investors looking to protect their wealth from inflation and recession, Birch Gold Group offers an array of services including retirement accounts, IRA rollovers, physical gold purchases and more. With over 17 years of experience in the industry, Birch Gold Group is dedicated to helping individuals reach their financial goals through sound investment strategies.
Is a gold IRA a good investment?
Gold IRAs can be a good investment for those looking to protect their wealth from inflation and recession. Gold has historically been a safe-haven asset, meaning it tends to increase in value when other investments decline. It also offers diversification benefits, as gold prices tend to move independently of stocks and bonds. Additionally, gold is a tangible asset that cannot be printed or devalued like paper money, making it an attractive choice for investors seeking long-term security.
Is Goldco a legitimate company?
Goldco is a legitimate company that has been in business since 2006. They are an accredited member of the Better Business Bureau and have an A+ rating with them. Goldco provides precious metals investments, IRA rollovers, and wealth protection strategies to help individuals protect their wealth from inflation and recession. They also offer secure storage options for gold coins and bars as well as other precious metals. Overall, Goldco is a reliable investment option backed by positive customer reviews.
In conclusion, Birch Gold Group is a reputable gold investment company that offers individuals the opportunity to invest in physical gold and other precious metals. They offer various storage options for their clients' investments, as well as competitive pricing and fees. While there have been some complaints about Birch Gold Group, they are still one of the top companies when it comes to investing in gold. When considering your options for protecting your wealth from inflation and recession, be sure to do your research on Birch Gold Group's services before making any decisions. This Birch Gold Group review should help you make an informed decision about whether or not this company is right for you.
If you're looking to find the best gold IRA companies or wonder about other safe investments, check out what I've put together. The biggest thing to take away from this article is that Birch Gold Group understands how precious metals should be stored and they have the right investment options for you.
Get Your Birch Gold IRA
Roll over your IRA into a self directed IRA with Birch Gold today.