American Hartford Gold is certainly another reliable gold IRA firm that’s worth looking into. This company has been around for years and enjoys the trust of loyal customers, and has earned the trust of many new clients.

New IRA accounts with this company are activated in just 24 hours, with the minimum investment amount being set at $10,000.00. The annual fee is $200 for maintenance cost. American Hartford also offer hard bullion gold and silver, in both coins and bars.

They also have a very similar promotion deal offered by Goldco, where you may get up to $5,000 in free Silver if you meet certain conditions when investing (Goldco does offer $10,000). In addition, you may be eligible for a100% free IRA rollover with each qualified investment, by which you may expect your storage, maintenance & insurance fees completely waived for up to 3 years.

And as mentioned above, you can expect a hassle free liquidation of your precious metals with zero charges in the future upon their buyback commitment. Although some of their fees are not very transparent, they have earned an A+ rating from BBB.

They do show a 5/5 rating…perfect, but at present only an “A” rating from the BBB although we expect that to increase. They also have one of the lowest IRA buy-in’s we have in this space at only $20,000 and do have exclusive IRS approved storage in Texas. They also provide bullion “on delivery”, outside of an IRA of course, with a minimum buy of $2,000. Worth looking into for those who might not be interested in a fully funded IRA, or want a bit of both.

A young brand only founded in 2016, they are growing quickly and impressing their customers along the way. Their fees are a little below average in general, and as with most precious metals entities they do offer Gold, Silver, Platinum and Palladium, although prices are not shown on their site.

Noble Gold’s clients are overwhelming happy with the service and attention they receive based on the large number of positive reviews the company has earned, and we strongly believe their ranking, by us and others, will continue to rise. Give their site a look by clicking the link HERE.

Proof in the Numbers

Customer ratings for Advantage Gold are highly positive. The BBB rates them as A+, and the BCA gives them an AAA rating with no complaints in the last three years. Advantage gold rates are 4.9 out of 5 on TrustPilot, 5 out of 5 on TrustLink, and 4.7 out of 5 on Facebook.

A Full Circle of Support

Advantage Gold isn’t one of the precious metal brokers that does everything they can to attain clients, get their money, and then put them on the back burner. No one in the upper echelon of the industry does. Advantage Gold takes care of their clients when starting their account, while they are the broker, and again when it’s time to close things out.

To start with, Advantage Gold prides itself on being a leader in precious metals IRA rollovers. You can work with them to fund a gold IRA using rollover funds from previous retirement accounts, such as 401(k) and various IRA plans. The specialists at Advantage Gold make it easy for you to create an account and get your prior plan funds sent directly to them to avoid taxes or fees in the process.

While you are an active client with Advantage Gold, you can get access to a substantial pool of educational resources available to you for free. A lot of what you can learn there will help you become a better investor in regard to precious metals in particular. You’ll also stay up to date with all the latest market moves and industry developments.

Advantage Gold is there for their clients again at the end of things. When it comes time to take a distribution or withdrawal, the company offers a buyback option. This means that they can pay you cash for your precious metals for simple liquidation so you don’t have to take personal possession of the bullion and coins and sell them yourself.

The Leadership

Advantage Gold has two co-founders. Kirill Zagalsky is one of them. The other is Adam Baratta.

Zagalsksy started his career with a nationally renown dealer who was listed with the U.S. Mint. It was during this time that he developed expertise in precious metals. Zagalsky also served as a futures market broker and vice president for a respectable commodity brokerage firm.

Barrata also worked for a U.S. Mint-listed dealer earlier in his career. He also served as a senior account executive and developed his own precious metal rollover expertise. Baratta’s other entrepreneurial efforts have included funding several motion pictures and a movie production company.

Custodians and Storage

The IRS requires that precious metals in a self-directed IRA account be held in a custodial storage facility. Advantage Gold partners with Equity Trust Company and Strata Trust Company. Both are premier names in the industry for the role that they serve.

Advantage Gold also works with several storage partners for the insurance and actual physical vaulting of your precious metals. Brinks Global Services has locations in Salt Lake City and Los Angeles. Delaware Depository has a vault in Wilmington, Delaware.

Pros and Cons

Advantage Gold has its pros and cons, just like every other precious metal broker. Knowing the specifics can help you decide whether or not these particular factors matter to you personally.

Pros

First, let’s look at the highlights of Advantage Gold.

• High ratings on TrustPilot and TrustLink
• Plentiful educational resources for clients
• Listed as an U.S. Mint dealer
• Expedient delivery times

Cons

For all the perks, there are some potential drawbacks to working with Advantage Gold.

• Pricing information isn’t readily available online
• Limited selection of foreign-minted coins
• Exclusive coins carry higher premiums

Is Advantage Gold Right for You?

For the most part, Advantage Gold is a good precious metal broker and possibly one of the best in the business. The company seems to excel at client education and satisfaction. Just remember that with any kind of investing, there is going to be risk involved.

We recommend Augusta Precious Metals because they fit the bill on both sides: they make good financial sense as an IRA option, and they have impeccable marks for trust and customer service.

Here are some benefits you can expect to receive from Augusta:

• Transparent fee structure.
• No-commission sales.
• Education before you invest.
• Dedicated staff, and outstanding reviews.

Reputation

They have an A+ rating from the Better Business Bureau, and have been an accredited member of the BBB since 2015. Clearly a company you can trust.

In addition to that, users on the BBB have given them an average of 4.97 out of 5, with no reviews below 4 stars. Consumer Affairs users have given them a perfect 5.0 out of 5. Just about as close to perfect as one can get. Truly as close to perfect as one can expect to get.

Fees

As a testament to how transparent they are at Augusta, we reached out to them with a cold call, and they quoted us direct pricing for their fees, with no strings attached. They didn’t ask for a phone number to give us a sales pitch later. They didn’t demand we give them our name or email address.

We called and asked what the prices were, they gave them to us. We haven’t found that kind of straightforward dialogue from any Gold IRA company, ever.

Here is a basic breakdown of prices and fees, per Mike in customer service.

• Start-Up: There is a one-time $50 application fee. This includes getting paperwork filed and set up, as well as making sure that gold investing is right for you.
• Custodial Fees: Many Gold IRA companies don’t even tell you about these. Augusta charges $250 for the first to cover custodial fees, and only $100 a year after that.
• Shipping and Storage: With a qualifying purchase, this is free (!). Another hidden expense that other Gold IRA companies may well not mention, Augusta will cover the costs of transporting and insuring your gold on qualified orders.
• Bid and Spread: One of the other hidden secrets of Gold IRA companies is that they don’t disclose how much the actual seller of the gold is asking for. They simply take your money and hand you an amount of gold back. With Augusta, they keep you informed, in real time, as the current bidding and asking amounts, so you always know the spread.

Conclusion

Doing the research into the company, and even placing an informational call to their customer service, we found out why everyone has such great things to say about Augusta. Their prices are fair, but more importantly, they are transparent and dedicated to educating their consumers and committed to mutual success.

We cannot make the decision for anyone as to whether a gold or silver IRA is right for them. But if it is, or if you want to know more, we strongly recommend Augusta Precious Metals.

Official Website	www.RepublicMonetary.com
Phone Support	877-354-4040
BCA Accredited Rating	N/A
BCA Complaints	N/A
TrustLink Reviews	N/A
IRA Transfer Process	2-3 weeks
401(K) Rollover Process	3-4 weeks
Metals Delivery	1-2 weeks
Setup Fees	Not Disclosed
Annual Admin Fees	$225
Annual Storage Fees	$125
Preferred Custodian	Sunwest Trust
Preferred Depository	Delaware Depository
Min Purchase Amount	$5,000
Physical IRA Application
Digital IRA Application
U.S. Mint Listed Dealer
ICTA Membership
TRUSTe Verified
Norton Secured
Promotions	None

Being on the verge of retirement, or indeed already being nestled in the arms of those Golden Years, can be a time in which people truly reflect on the cleverness of their investments. There certainly seems to be a growing trend in rolling over to a gold-backed IRA, instead of leaning on paper investments. More investors are seeing the potential in an investment fund that is backed by something physical that is of a high value. Republic Monetary Exchange is a company that is focused on providing investors with any information they need to make a smart, lucrative decision.

Traditional Investments can be Unstable

It has been suggested that traditional IRAs can be a little risky. Stocks, bonds, and securities are entirely dependent on the economy. Currency devaluation and hyper-inflation directly affect these types of investments, which means that traditional IRAs are susceptible to the effects of market swings. In fact, more recent financial crises have left many traditional investors with very little in their accounts — a true nightmare for anyone close to retirement.

Precious metals, gold in particular, have stood the test of time in terms of investment potential. Gold does not follow market trends. Instead, the value of gold has proven to be particularly high throughout history. If one were to consider the fact that, on average, gold investments made in 1997 have grown by at least 30%, it is clear that this precious metal is a solid option.

Even though the value of the American dollar has fluctuated at an almost alarming rate over the last decade or so, the value of gold has continued to increase steadily.

Minimum/Maximum Investments, Gold Storage, and Fees

At RME, there is no minimum investment size. This is particularly comforting for new investors hoping to test the waters before rolling over their traditional investment accounts to gold IRAs. In order to ensure the comfort and security of investors, RME representatives will take the time to discuss investment opportunities, allowing clients to have the final say. Payments are made by certified check, personal check, direct deposit, cash or wire transfer; depending on the investor’s personal preference.

Most investors worry about the implications of sales tax on their gold purchases. The good news is that RME’s headquarters are based in Arizona, a state in which there is currently no sales tax on precious metals. Commissions and additional fees are also a considerable worry for investors. On a positive note, RME does not add any additional charges over and above investments. There will, however, be a reasonable nominal, built-in IRA fee that will be used to keep the account in compliance with important IRS regulations based on your desired custodian.

As with any IRA account, a gold IRA account will require someone or some establishment to act as custodian. RME has acquired the services of Sunwest Trust to act as custodian of self-directed IRAs. Custodians are generally responsible for keeping all of the paperwork in a self-directed gold IRA up-to-date.
To offer investors more security, Sunwest Trust and RME have banded together with Brinks, a company that takes pride in its armored truck and security services. This depository is not subject to the jurisdictions befalling other companies in the banking system, and is therefore able to provide clients with stellar service 365 days a year.

RME strives to provide clients with the best in gold IRA services. Of course, this company urges potential clients to do as much research and investigation as necessary. In an effort to cover all there is to offer investors, visitors to the RME website should consider looking into the available list of top recommended companies on our site, before making any abrupt decision.

Republic Monetary Exchange Commercial Video

RME Contacts

Official Website	www.GoldDealer.com
Phone Support	800-225-7531
BCA Accredited Rating	N/A
BCA Complaints	N/A
TrustLink Reviews	(Based on 4 Reviews)
IRA Transfer Process	14 Days
401(K) Rollover Process	4 weeks
Metals Delivery	7-10 days
Setup Fees	$150+
Annual Admin Fees	$75-$295 (Scaled)
Annual Storage Fees	$225 minimum (Scaled)
Preferred Custodian	New Direction IRA
Preferred Depository	CNT Depository, Inc.
Min Purchase Amount	Not Disclosed
Physical IRA Application
Digital IRA Application
U.S. Mint Listed Dealer
ICTA Membership
TRUSTe Verified
Norton Secured
Promotions	Free first 6 month storage fee.

California Numismatic Investments (CNI), with headquarters in Inglewood, CA, is one of the many companies that offer services for people who want to buy precious metals as part or all of their IRA investments. The company buys and sells gold coins and gold bullion and also deals in other precious metals.

It should be noted that the company does not directly manage IRA accounts. It recommends that its customers create an IRA account with New Direction. Once the account has been set up, CNI can provide the metals that will be used to finance the account. It can also arrange independent storage.

Customer Satisfaction

The company includes hundreds of customer reviews on its website. Most customers are very positive about their dealings with the company.

There are four reviews of the company on Trustlink; of which three are negative and just one is positive. The complaints expressed concern about the company’s poor customer service, and about delays in delivery of products. One of the complainants stated that he or she received a lower quantity of coins than ordered.

The positive reviewer sold a coin to the company, and was happy with the price and the fact that the company did not need to get an external appraisal. It should be noted that this positive review dates from 2009, and the negative ones date from 2011.

Coin specialists

As the name implies, the company specializes in dealing with coins. It offers valuation services, as well as buying and selling coins. If you are planning on buying coins to fund or part-fund your IRA, you may find their expertise useful. However, you should be aware that coins are a higher risk investment than bullion, something that is particularly important when investing for a retirement fund.

IRA services

Many potential clients may be put off by the fact that they cannot set up everything online, something that most other companies permit. This makes the process of setting up an IRA slower, as forms have to be sent via snail mail.

Gold and other metals purchased for IRA purposes have to be stored in a depository. Under IRS rules, the IRA owner cannot physically take possession of the purchased metals. There are always fees attached to storage, but since CNI does not handle storage, and it does not directly open an IRA account, it does not have any fees.

Instead the fees must be paid to the storage company and the IRA administrator. This makes it difficult for potential customers to work out how much it will cost in total to set up an IRA through CNI.

Conclusion

This company has been in business for 33 years, and is probably a good choice for people buying or selling gold coins. For those people looking to start an IRA or add metals to their IRA, the inability to do so online is a bit strange in the modern era. On top of that, the risk of keeping coins rather than bullion in your IRA is not recommended. CNI does not make it on to our list of recommended gold IRA companies.

CNI Commercial Video

CNI Contacts

Official Website	www.ColoradoGold.com
Phone Support	(888) 786-8822
BCA Accredited Rating	N/A
BCA Complaints	N/A
TrustLink Reviews	N/A
IRA Transfer Process	7-14 Days
401(K) Rollover Process	21-28 Days
Metals Delivery	1-2 weeks
Setup Fees	$100
Annual Admin Fees	$60-$250 (Scaled)
Annual Storage Fees	$100+ (Scaled)
Preferred Custodian	New Direction IRA, The Entrust Group, Self Directed IRA Services
Preferred Depository	Not Disclosed
Min Purchase Amount	Not Disclosed
Physical IRA Application
Digital IRA Application
U.S. Mint Listed Dealer
ICTA Membership
TRUSTe Verified
Norton Secured
Promotions	None

A retirement fund is probably the most important savings account anyone will ever open. Retirement is an almost bittersweet concept. On the one hand, we all look forward to the years in our lives where we no longer need to shuffle through a nine-to-five job every day of the working week; we finally have a chance to enjoy the better things in life. On the other hand, many of us worry that our IRAs will not quite cover all of our needs. Of course, there is also the worry that a conventional fund will devalue over time, which is hardly promising.

Gold IRAs are becoming increasingly popular. Research shows that precious metals are a solid investment, whereas stocks and bonds are more susceptible to downfalls in the market. Colorado Gold is one of the companies that offers clients the chance to invest in bullion and coins and, in doing so, provide themselves with financial security in their golden years.

Gold-Backed vs Conventional IRAs

Many retirees, or people on the verge of retirement, worry that the stock market could adversely affect their retirement funds. They have good reason to worry. After most recent blow to the U.S. economy, many people lost a large portion of their investments. Some of them lost the entirety of their funds. The risk of inflation on a traditional retirement fund is dangerously high.

Gold is safer simply because they tend to increase in value over time. When you invest in gold, you are securing your hard-earned funds in something physical. Gold is not susceptible to inflation and will probably continue to gain value over time, as it has done for centuries.

How it Works

Purchasing gold bullion or coins from Colorado Gold is similar to the investment process with a regular IRA. Once you have paid for your precious metals, they will be stored in a depository under the oversight of a custodian. Colorado works with three major custodians: The Entrust Group, New Direction IRA, and Self Directed IRA services. In order to build up a lucrative gold IRA, you need to open an account with one of the afore-mentioned companies, fund it with cash, and then work together with a Colorado representative in order to purchase the right kind of gold for your needs.

This company is not a “coin-shop”. Instead of buying directly from them, you place your order with them and they purchase coins on your behalf. Think of this company as the helpful middle-man in the investment process.

About the Fees Involved

Because Colorado buys gold on your behalf, they charge a small 1% commission on all transactions. This commission fee includes secured shipping costs. The commission decreases with the cost of the order. Orders worth over $50 000 carry a 0.75% commission, and orders of over $100 000 carry a commission fee of 0.50%. There are no mark-ups on any orders. Other dealers will mark-up the cost of orders by 30% to 50%. The Colorado team also does not charge any transaction fees for transferring the gold into your IRA account.

Right Company?

Is Colorado Gold the best option for your retirement plan investment? Absolutely not. In fact, we have listed down the top 10 most trusted companies on our site. Feel free to check it out before making any abrupt decision.

Colorado Gold Contacts

Official Website	www.Goldmart.com
Phone Support	1-888-470-0170
BCA Accredited Rating	N/A
BCA Complaints	N/A
TrustLink Reviews	N/A
IRA Transfer Process	1-3 weeks
401(K) Rollover Process	3-4 weeks
Metals Delivery	7-10 days
Setup Fees	$50-$100
Annual Admin Fees	$60-$250 (Scaled)
Annual Storage Fees	$100+ (Scaled)
Preferred Custodian	New Direction IRA, Sterling Trust Company, Goldstar Trust Company, Self Directed IRA Services
Preferred Depository	Delaware Depository, Gold Silver Vault, Via Mat International, Diamond State Depository
Min Purchase Amount	No minimum
Physical IRA Application
Digital IRA Application
U.S. Mint Listed Dealer
ICTA Membership
TRUSTe Verified
Norton Secured
Promotions	None

Starting a precious metal IRA is the smart thing to do in today’s financial landscape. However, deciding to invest in precious metals leads you to the next decision: choosing the best custodian to facilitate and oversee your investments. Given the large numbers of companies working in this field, you need solid reviews of the businesses involved to make an informed decision.

Goldmart operates their online gold services from offices in Carson City, Nevada. In 2012, this company was ranked as number one among low-cost dealers in precious metals. Clients can place online orders 24 hours a day and they are known for how quickly they expedite their shipments.

Different Precious Metals Available

Browsing the website, you can easily find a wide variety of precious metals as well as a broad selection of products. In addition to gold bullion, buyers can find products made from silver and platinum as well.

Apparently keeping up with the latest trends in precious metal innovations, Goldmart also offers Canada’s Palladium bars. These are probably the first in a wave of palladium bars and coins that nations like the United States and China may begin to produce in a market increasingly hungry for precious metals.

Bars as well as coins from both the United States and countries as far away as Australia are available. Even these coins and bars are diverse, including sizes that range from as little as one gram to as many as 400 ounces. Naturally, they are all bullion quality at a minimum .995 fineness.

Opening a Gold IRA

You can open a gold IRA with Goldmart in just six steps.

• Contact an IRA Facilitator

These companies help you to initiate an account. The four facilitators with which Goldmart works are: Goldstar Trust Company, New Direction IRA, Self Directed IRA Services and the Sterling Trust Company.

• Fund the Account

Now that you have opened the account, you need to begin contributions to it. If you already have an IRA, 401k or other retirement fund somewhere else, you can affect a rollover or transfer into this new account. Once the funds have arrived, they will all be immediately available to purchase gold bullion.

• Purchase Gold for Your IRA

Contact the company by phone. While you review the options on your computer screen, you can place the orders over the phone. The orders will not go into effect immediately. Prior to this, your facilitator will have provided you with a buy-direction form. You will need to sign and fax this form along with the order confirmation to the facilitating company that you chose.

• Shipment

After the facilitator provides the funds to Goldmart, they will ship the purchased precious metals to a depository which you will also have selected.

• Storage

Now your bullion will remain in storage until you reach retirement. Once your IRA funds are made available to you under law, your precious metals will be shipped directly to you.

In a Nut Shell

When it comes to retirement, you should always lower down your risk with more reliable and trustworthy companies. We strongly suggest you to review more information about our top recommended gold IRA companies working in this business, and let their expertise guide you through the whole process.

Goldmart Commercial Video

Goldmart Contacts

Official Website	www.ModernCoinMart.com
Phone Support	1-800-362-9004
BCA Accredited Rating	N/A
BCA Complaints	N/A
TrustLink Reviews	N/A
IRA Transfer Process	14 Days
401(K) Rollover Process	21-28 Days
Metals Delivery	7-10 days
Setup Fees	$100
Annual Admin Fees	$60-$250 (Scaled)
Annual Storage Fees	$100+ (Scaled)
Preferred Custodian	GoldStar Trust, New Direction IRA
Preferred Depository	Own Selection
Min Purchase Amount	N/A
Physical IRA Application
Digital IRA Application
U.S. Mint Listed Dealer
ICTA Membership
TRUSTe Verified
Norton Secured
Promotions	None

In A Nutshell

Located in Sarasota Florida, Modern Coin Mart (MCM) is a gold IRA company that is at the very top of this industry. With a CEO John Maben who has been a successful professional Numismatist for over thirty years, and an accomplished and dedicated staff, MCM has been able to develop an impressive track record that is second to none. MCM, which belongs to parent company John Maben Rare Coins Inc. (JMRC), has a team of 35 professionals behind it, including 9 highly experienced Numismatists. Most staff members are members of the American Numismatist Association and other professional bodies like the Professional Numismatist Guild (PNG) organization.

Legendary Experience

The experience of the staff behind MCM has allowed the company to continually reap the rewards of success. They simply know what they are doing. As a result, clients have been able to bring their knowledge and expertise. It is not surprising therefore that they are one of the fastest growing American companies in this industry. They buy and sell coins with the greatest of efficiency.

Getting Practical

You too can sell your coins to MCM and get top dollar for them. To benefit from the services of MCM, here is what you will need to know:

• Sign Up and Registration

Signing up with MCM is relatively easy. Although MCM itself is not the administrator for your IRA account, they do use trusted IRA administrators like New Direction IRA and GoldStar Trust Company. Naturally, there are fees associated with these IRA administrators. Fees range from about $60 to $250 for annual maintenance, and about $100 for initial setup. There’s also annual storage fees applied depending on your selected depository. Once you have opened your account, you will be required to fund it. Once your account is funded, you are able to make purchases for your account by calling directly or by having your custodian/administrator to do so on your behalf.

• Deals and Steals

MCM often have deals available for those who wish to make investments in precious metals and coins. Your custodian — that is, purchase them. There is usually free shipping within the US for those purchasing from MCM. For international shipping however, there are costs applied to purchases.

• Fees, Purchases, Shipping and Storage

MCM accepts payments from a wide variety of sources, including wire transfer, checks and the ever popular PayPal system. US residents can benefit from a Bill Me Later PayPal feature where you are able to benefit from a credit line. Generally, the concept is that you are able to complete your purchases without having to mail payments immediately. In some cases, Bill Me Later can benefit from deferred interest specials offered by MCM. The interest free time period is usually adjusted in light of the cost of your purchase. By law, IRA precious metal purchases ought to be stored in a secured and central location. MCM however does not function as, nor offer a holding service. As such, purchases will be shipped to the holding facility you have otherwise chosen.

Weighing Your Options

As with any investment opportunities, it is important to do your research and weigh your options. It is important to remember that a company like MCM is not an investment broker and so cannot provide you with advice regarding making your investments. It really just facilitates them. That is, MCM is a dealer. Unlike MCM, if you need some expertises to guide you through the process or even provide you with free professional advices, there are other highly reputable IRA gold companies that we recommend. Their reviews are also available on this website.

MCM Commercial Video

MCM Website Monthly Visitors

MCM Contacts

Official Website	www.CMI-Gold-Silver.com
Phone Support	800-528-1380
BCA Accredited Rating	N/A
BCA Complaints	N/A
TrustLink Reviews	N/A
IRA Transfer Process	14 Days
401(K) Rollover Process	4 weeks
Metals Delivery	1-2 weeks
Setup Fees	$100
Annual Admin Fees	$50 - $250 (Scaled)
Annual Storage Fees	$90+ (Scaled)
Preferred Custodian	GoldStar Trust
Preferred Depository	Delaware Depository
Min Purchase Amount	$5,000
Physical IRA Application
Digital IRA Application
U.S. Mint Listed Dealer
ICTA Membership
TRUSTe Verified
Norton Secured
Promotions	None

In 1997 the law changed, allowing different types of bullion to be used as part of traditional, Roth, SEP, Simple, and Self-Directed IRAs. This has been particularly useful to a wide range of older IRA investors who would more normally prefer investing in bullion rather than coins. Another advantage is that metal bars sell at smaller premiums than their equivalent in coins making them ideal for IRAs.

CMI is a precious metals dealership that has been in business since 1973. The company sells gold, silver, palladium and platinum bars and coins; it also handles the set-up and management of precious metals IRAs. CMI Gold and Silver(CMIGS) works with both American and international customers and has an A+ Better Business Bureau rating and a reputation for providing a very high level of service and professionalism. Following is an overview of what this company has to offer in the way of gold/silver IRAs.

CMI IRA Accounts

CMIGS handles all IRA-related business through a subsidiary company, GoldStar Trust Company. Those who are interested in opening an IRA account with said company will need to start by filling out the appropriate forms; these can either be downloaded from the company website or send to an individual on request.

The cost of opening an account varies depending on the monetary value of assets stored in the account. The company’s annual administrative fee is set at .08% of the value of stored assets; however, there is a minimum fee of $50.00 and a maximum fee of $250. The annual storage fee is .1% of stored assets, with the minimum fee being $90.00 per year. Precious metal investments are stored at Delaware Depository Services Corporation in Wilmington, Delaware, a COMEX approved storage facility.

Preferred Custodian

There are two ways in which one can provide initial funding for the new IRA. Those who have a regular IRA account can roll this over into the new account; GoldStar Trust provides the necessary forms to do this.

Those who do not have an existing IRA can direct GoldStar to purchase the metal(s) of their choice. It should be noted that while GoldStar is linked with CMI, customers are not required to buy bullion or bars from CMI. Bullion bars are recommended, as they have a low premium and are easy to store. Those who opt to purchase bullion coins will need to bear in mind those IRS regulations stipulate that only silver and gold coins with a purity level of 99.5% and be considered legal tender.

GoldStar requires an initial investment of at least $5,000 in order to start an IRA. The minimum investment afterwards is $1,000. Those over the age of 50 can contribute up to $6,000 to their account every year. In order to put money in the account, a person would need to send the money to GoldStar along with explicit instructions as to which metal(s) to purchase, what form they should be purchased in and who they should be purchased from.

CMI Ratings

The company itself is in the remarkable position of having no complaints or suits filed against it by either the US Government or its customers. Customer reviews, in fact, are full of praise for the efficiency and good service offered by CMI.

Another thing customers praise about CMI is their pricing strategy. Prices are updated constantly on their website so buyers are aware of what they will get charged. Also, if orders are placed by telephone, the price is locked into the current market price at the time of the deal.

Additional Investment Options

In addition to bullion, CMI also offers investments in:

– American Gold Eagles
– American Silver Eagles
– Backdated Silver Eagles
– Platinum
– Palladium

As a point of note, platinum and palladium have increased in popularity with investors recently, but you should always, as CMI themselves suggest, do some homework before investing in these metals. Platinum along with palladium are not classed as precious metals, but rather industrial metals which have a more marked effect on their value at any given time.

The company does have some minimum investment amounts which include:

– 5 oz gold
– 5 oz platinum

Shipping fees do apply and are again quoted on the website. These vary by the metal and the amount of metal being sent but, for example, shipping 10 ounces of gold has a shipping and handling fee of $30.00.

Right Company for You?

CMI has experience and expertise in the realm of buying and selling valuable metals. Yet in terms of creating and rolling over to self-directed precious metals retirement accounts, it could be costly due to the scaled annual fee charges. There are absolutely other more reliable and affordable company to work with. Thus, it is highly recommended that investors check out our top recommended gold IRA firms listed here before making any rough decision. Taking the time to choose the right investment company is important, as it not only ensures the full safety of one’s investment or retirement fund but also keeps costs at a minimum.

CMIGS Contacts