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After conducting thorough research, we can confirm that Gold Alliance is a secure investment option. However, there are other companies in the market with lower fees and better ratings, which we will discuss in our comprehensive review.
To see a list of the best companies in 2024 click the link below:
<< Click Here To Discover The Best Gold IRA Companies of 2024 >>
If you’re in a rush, here are our top 3 picks with some information about them:
#1 BEST OVERALL: Goldco
#2 BEST FOR HIGH NET WORTH INDIVIDUALS: Augusta Precious Metals
➡️ August Precious Metals Detailed Review
#3 BEST FOR INVESTMENTS UNDER $5000: Birch Gold Group
Investing in gold and other precious metals has become much simpler with the rise of the internet, allowing people to quickly buy from their preferred online retailer. With so many companies now accessible on the web today though, it’s often difficult for people to decide which provider is right for their needs.
Investing in a precious metals IRA can be confusing and overwhelming, but we are here to make the process as easy as possible. Our goal is to help you open a precious metals IRA account with a reliable and trustworthy gold broker.
For that, we are reviewing both established industry veterans and newer firms so that you can have an array of options available for your consideration.
Today, we’re going to take a look at Gold Alliance.
#1 Readers Choice
Goldco is the leader in the Precious Metals Industry. From Precious Metals IRAs to direct purchases, Goldco has maintained a near perfect track record and therefore is our #1 recommendation for all our readers.
About Gold Alliance
Founded in 2002 by the trio of experts Joseph Sherman, Kevin Troy, and Fred Abadi, Gold Alliance quickly established itself as an industry leader when it comes to safeguarding their customers’ financial aspirations.
With two decades of combined experience selling platinum, gold, and silver, in addition to IRA-eligible products and limited vintage pieces, Gold Alliance has become a reliable place for investors to find attractive options that are sure to satisfy their objectives.
Considering adding gold to your retirement portfolio? Or perhaps you’re looking to purchase precious metals and store them yourself? Gold Alliance is here for you – they specialize in helping individuals make informed decisions when investing or storing gold.
Many investors have good reason to be weary of traditional investment approaches and unsure of how to effectively diversify their portfolios. This is where Gold Alliance can help.
Founded on the belief that investing in gold and other precious metals can provide security from government interventions and market volatility, Gold Alliance seeks to empower people with a sound and valuable approach to their investments.
Leveraging its team’s expertise, Gold Alliance provides customers with up-to-date predictions, insights, and recommendations tailored for each investor’s own personal needs and goals.
With its holistic approach to precious metals investment, Gold Alliance is transforming the way people protect themselves from outside forces both in the short-term and long-term.
Gold Alliance Products
#1 Readers Choice
Goldco is the leader in the Precious Metals Industry. From Precious Metals IRAs to direct purchases, Goldco has maintained a near perfect track record and therefore is our #1 recommendation for all our readers.
Gold Alliance Capital specializes in providing premium gold and silver, but also has a selection of attractive platinum options for those who are interested.
To make sure you’re taking advantage of your IRA account, here’s a list of some coins approved by the IRS for gold, silver, and platinum investments:
Gold
- Gold American Eagle – one-ounce, ½ ounce, or ¼ ounce
- Gold Bars – one ounce or 10-ounce
- Gold American Buffalo
- Gold Canadian Maple Leaf
- Gold South African Krugerrand
Silver
- Silver American Eagle
- Silver Round Sunshine
- Silver Canadian Maple Leaf
- Silver bars – 10 and 100 ounces
Platinum
- Platinum Canadian Maple Leaf
- Platinum Australian Striped Marlin
- Platinum British Britannia
- One-ounce Platinum bar
Gold Alliance is also known for their premium selection of gold and silver coins, offering a variety of choices to customers. Besides this, Gold Alliance can help you buy gold or other valuable metals, even if it’s not for a retirement account.
That being said, they do not provide pricing information on their website which can make it difficult to compare prices with other precious metals retailers.
Potential customers must call the toll-free number and speak directly with a representative to get the latest pricing info. Obviously, this tactic could be seen as an inconvenience by some people.
Premium Coins vs Standard Bullion Coins – Know the Difference
Since gold Alliance also offers both premium coins and standard bullion coins, it is important to know the difference in order to make the most appropriate selection for your needs.
Premium Coins
A premium coin is a collectible series that is approved by many IRA providers, but they come with a hefty markup due to their limited circulation. They have the same purity level as regular bullion coins but come with a higher value due to their rarity.
At times, some companies may charge up to 25% more than the market value for them!
These types of coins are classified as semi-numismatic. Premium coins also tend to be more aesthetically pleasing than the standard bullion coins, and they often have a much greater potential for long-term capital appreciation.
Standard Coins
Standard bullion coins, on the other hand, pose as the more sound investment option when it comes to diversifying a portfolio; this is because they are typically 99.99% pure gold and have a much lower premium fee than the former.
Consequently, investors get more gold for their money with less hassle attached.
Storage
Dealing with the storage and safety of these assets can be a major headache – but with Gold Alliance you don’t need to worry. They have partnered with an IRS-approved Delaware Depository to store all of your purchased metals, so that you can be sure that your investments are safe and sound.
Once you have completed your purchase through their online account, their team will take care of the rest and make sure everything gets safely stored.
To ensure the safety of your assets, Delaware depository implements rigorous security measures including vault protection, monitors and sensors. Your valuables are in trustworthy hands!
Delaware Depository allows users to select from both segregated and non-segregated storage options to best suit their needs. Additionally, the company is backed by one of the oldest insurance companies in existence: Lloyds of London.
Not only that, the Gold Alliance team regularly sends investors weekly updates on their gold and silver investments. Plus, you can access all your reports online at any time to stay informed about how much your assets are worth! With this real-time information in hand, you always know exactly where you stand with your investments.
Additionally, if you opt to obtain physical gold outside of an IRA account, there is an optional shipment service available so you can have them stored in another facility or your own home. This provides both convenience and control over your prized purchases.
Gold Alliance Custodian
Gold Alliance has exclusive arrangements with three premier IRA custodians: Equity Trust Company, Preferred Trust Company, and GoldStar Trust Company.
These custodians offer a safe and secure experience to their customers while providing superior service and innovative solutions.
Equity Trust Company
– 30 years of experience
– Manages over $25 billion in assets
– Serve all 50 states
Preferred Trust Company
– More than a decade of experience
– All-inclusive fees
– Outstanding customer service
GoldStar Trust Company
– Manages over 37,500 self-directed IRAs
– One of the most popular IRA custodians in the country
– Serves all 50 states
Gold Alliance Costs
When looking into opening a gold or ‘precious metals’ IRA with Gold Alliance, there are two separate costs you should consider. Firstly, the account cost.
This stands at a flat rate of $175 per year and accounts for insurance, storage of the precious metal as well as quarterly financial statements and online access to monitor your account’s performance. The fee will remain constant year to year Regardless of your account value.
The second cost applicable to customers of Gold Alliance is ‘the cost of the metals.’ The metal prices will vary depending on their current market value which means that the cost of these metals can be subject to change.
The company does not publish prices publicly, but other companies with similar services generally list their market margins anywhere between 17 and 33 percent.
Fortunately, there is no minimum investment requirement with Gold Alliance so you can invest as much or as little as your budget requires. And better yet -all investments are free from service charges, administration fees and any hidden investment costs.
With such a great offer on the table what more could you need? Investing with Gold Alliance is certainly an attractive proposition!
Steps to Buy a Gold IRA from Gold Alliance
With Gold Alliance, opening a gold IRA account is as easy as 1-2-3:
1. Open an Account:
The first step is to open an account with Gold Alliance online. This process involves completing a few basic forms and providing the necessary information regarding your identity, funds, etc.
2. Fund Your Gold IRA:
Once your account has been set up, you can then fund your gold IRA by transferring money from your existing retirement accounts or using the cash option.
3. Choose Metals:
You will then be able to select from several different types of precious metals for investment including gold, silver, platinum and palladium coins or bars. With their expert guidance, you can choose which metal works best for you in accordance with current market prices and trends.
Finally, make sure your order is in compliance with the self-directed IRA rules and regulations, before it is placed and you receive confirmation from Gold Alliance.
Buyback Program
#1 Readers Choice
Goldco is the leader in the Precious Metals Industry. From Precious Metals IRAs to direct purchases, Goldco has maintained a near perfect track record and therefore is our #1 recommendation for all our readers.
Gold Alliance offers a guarantee to buy back any metal previously purchased from them, and will also appraise metals you have purchased elsewhere. You can choose to accept or decline whatever offer they make, ensuring that you get the best value for your hard-earned money.
In addition, when it comes time for IRS requirements of taking distributions from the account, Gold Alliance offers the convenience of having physical metals shipped or receiving their value in the form of a check.
You want to make sure to take advantage of this opportunity and utilize all that Gold Alliance has to offer so you can keep on top of meeting IRS required distributions while supplementing your retirement income in the process.
Gold Alliance Pros and Cons
After carefully analyzing Gold Alliance’s features, prices, and services in-depth, let us provide you with a brief insight into its pros & cons to help guide your decision:
Pros
- Free storage for physical precious metals
- Offers buy-back guarantee
- Free $1,500 in silver for qualifying purchases
- Two decades of experience
- Excellent customer support
Cons
- Precious metal prices are not available on the website; you must talk to a company representative.
- Higher prices on premium coins
Gold Alliance Review
Researching a company before you do business with them is crucial to ensure you’re dealing with reputable and legitimate services. Thankfully, Gold Alliance has enough reviews online to make the process easy.
The Better Business Bureau (BBB) has accredited Gold Alliance with an A+ rating. From 177 reviews, the company has accumulated an average 4.97 out of star rating.
On TrustPilot, 32 customers have rated the company 4.7 stars and on the Business Consumer Alliance (BCA), they have an AAA rating with no complaints registered against them. These Gold Alliance reviews all point towards one conclusion – that when it comes to quality and reliability, Gold Alliance is the right choice for you.
Final Thoughts
Gold Alliance is a great choice for those looking to invest in gold, silver and other precious metals safely and securely. With their excellent customer service, competitive pricing, free storage for physical metals and buy-back guarantee, Gold Alliance provides all of the essential services that you need when investing in this market.
You will pay lower annual fees with them compared to many of their competitors in the market, making this an attractive investment option.
What’s more, they don’t require large minimum investments in order to open an account, which means that it is accessible and affordable for those who want to invest without committing too much capital at once.
Multiple platforms boast glowing reviews of Gold Alliance, making them an ideal company for precious metals investment.
So if you’re looking for a secure and reliable IRA approved precious metals company that offers top-notch customer service, Gold Alliance is the perfect choice to purchase precious metals.
We hope this Gold Alliance Review has given you the information you need to make a decision when it comes to selecting Gold Alliance as your precious metals dealer.
Invest in gold today and enjoy the peace of mind that comes from having a reliable and reputable precious metals dealer by your side. Thank you for reading!
