Is Birch Gold Group a scam? I could understand why you would want to know the answer to that question. Definitely, in today’s time, ugly and up to no good scams are lurking the Internet wherever you go. It now hard determines which is legit and which are scams. Even the ugliest scams can disguise itself with pretty layouts and themes, making it look as legit as possible.
Thankfully, product reviews exist to help you distinguish the line between legitimacy and scam. I’m here to do just that for you! I’m so glad you can make your way here. Seeing how you have voluntarily found your way here gives me the impression that you already have an idea about Birch Gold Group. Leave to me the task of finding out whether Birch Gold Group is a scam or not!
Now that I have your attention, let us now proceed to this Birch Gold Group review!
What is Birch Gold Group?
Birch Gold Group claims itself as “The Precious Metal IRA Specialists” in which they help you choose which gold, silver, platinum, and palladium bullions and coins are the best for you to purchase to keep for yourself or add to your IRAs (individual retirement accounts). You can easily open your own gold or silver IRAs with Birch Gold Group.
This company has been offering the same services ever since 2003. It was founded by Laith Alsarraf and is currently now the CEO of Birch Gold Group. Currently, they are based and headquartered in Burbank, California. Ever since then and now, the mission of his company was to educate and help people pick the best pieces of metal that will be of huge benefit for their IRAs and 401Ks in the long run.
Is Birch Gold Group a scam? Before we jump to conclusions, I think it’s also fair for us to understand how Birch Gold Group works from the inside first which will give you the idea how I came up with my verdict later on.
How Does Birch Gold Group Work?
Now, Birch Gold Group offers two services. But ask yourself beforehand “Do I live within the United States?” If not, then you can find your luck elsewhere. Birch Gold Group only offers its services to residents of the United States.
First off, they sell gold, silver, platinum, and palladium available in either bullions or coins. If you want to purchase some of these for personal safekeeping and add to your IRAs, you can willingly buy high quality metals from Birch Gold Group.
I have listed below the different options you can choose from for each particular type of metal.
- Canadian Gold Maple Leaf
- South African Krugerrand
- American Gold Eagle
- American Buffalo
- Canadian Silver Maple Leaf
- Peace Silver Dollar
- American Silver Eagle
- Silver Twin Maples
- Morgan Silver Dollar
- American Platinum Eagle
- Canadian Palladium Maple Leaf
Once you have selected the product you desire, you can pay them through cash wire or personal check. It would take within 3-7 days for your orders to be delivered to you. There’s a delivery charge, so make sure you take note of that. Fortunately, if your orders exceed $10,000, the shipping and delivery will be free of charge.
Another service that Birch Gold Group offers is their IRAs. You can choose to open either a gold or silver IRA. All you have to do is contact one of their company representatives through email or phone call. Thankfully, Birch Gold Group offers a free information kit.
If for some reason you already bought metal from Birch Gold Group and decide you want to sell these, the company realizes the first right of refusal to buy back without commissions. There’s just not much information available on what price they buy back.
Now of course, before buying Birch Gold Group’s metals, you must have thought about where you would store these. For some, at home is the most viable and desired option for them. What about those who don’t want to store gold at home?
Well, don’t fret, Birch Gold Group offers two storage options. First, you can store your metals with Delaware Depository. It is one of the largest precious metals depository within the United States. It doesn’t just cater to financial companies, but to individuals like you as well.
If you opt for international storage, you can trust Brink’s Global Services as the leaders in secure logistics. Being a “global service”, they have locations all over the world. This company operates in a grand total of 120 countries with more than 1,000 facilities.
Is Birch Gold Group a scam? To call something a scam is not a light task and should be taken into heavy consideration with hard and solid evidence to prove the verdict. Fortunately, I may have dug up some dirt on Birch Gold Group that may make you think twice whether you should trust this company or not when it comes to your precious metals.
Reasons to Watch Out For Birch Gold Group
Lack of Support
Birch Gold Group does not have the best support team ever. I would appreciate it if they would at least have a 24/7 live chat feature for those moments in which you need a guide as you make your way through the website. Of course, a lot of people would have a lot of questions as they go on exploring the website.
In fact, even if it wasn’t 24/7, it would still be of maximum help. Unfortunately, there’s totally just no live chat of some sort. The only way to get in touch with any of the Birch Gold Group representatives is through email or phone.
Stuck in a Time Warp
Precious metal specialists are now keeping up with the times and process IRAs electronically now. The problem with Birch Gold Group is they still rely on physical applications, making it harder for both client and themselves. Of course, due to this, it may take more time to process your requests unlike those metal specialists company using digital forms.
Some Undisclosed Information
Of course, when purchasing precious metals, you should be aware of the additional fees imposed on you. In the case of Birch Gold Group, they only disclose the information on initial set up fees and annual storage fees. As for the other fees, you would have to ask a representative yourself.
I’m stressing the importance of segregated storage since your metals will be stored under your personal name depending on the type of metal. These shall also be audited and verified for you. However, with Birch Gold Group, you don’t get the privilege to store your investment individually since it’s under shared ownership with other clients.
What I Like About Birch Gold Group
Birch Gold Group is rated positively all throughout on different platforms. Consumer Affairs rated the company with 5 stars based on 40 ratings. Better Business Bureau, on the other hand, accredited the company with an A+. This is a big deal because this accreditation seals the legitimacy of a company. Based on an average of 107 customer reviews at BBB, it also gained 5 stars. Lastly, Birch Gold Group received 5 stars based on 14 reviews on TrustPilot.
Here are some of the customer reviews. Oh, and also, it’s worth taking note that there are little to none complaints on Birch Gold Group. You’ll mostly just see positive remarks from customers.
This company has been up and running ever since 16 years ago, and they don’t have much complaints on them since its inception. You’ve seen the positive reviews on Birch Gold Group. People trust this company when it comes to their precious metals. If a company has managed to win over the trust of their clients, I don’t see another way to label it credible.
A Variety of Precious Metals
Of course, there are different brands to choose from whether it be gold, silver, platinum, and palladium. What’s better is Birch Gold Group will help you choose which are the best bullions and coins for you if you plan on investing these for your IRAs.
Wrapping Up! Is Birch Gold Group a Scam?
Based on the information I have just presented to you, I have the confidence to say that this company is legit and you could trust the people behind the curtains to offer you the best precious metals out there whether it be gold, silver, platinum, or palladium.
You can also put your confidence in them in helping you pick what’s the most suitable pieces for you that will be of the greatest benefit towards your IRAs in the long run.
As you may have already seen, a lot of clients are giving them a thumbs up on their customer service and the ease of pulling through all of the transactions.
That being said, Birch Gold Group is definitely a credible company. Although, I do have to admit they need to improve and develop some of their features like a live chat support, electronic IRA application forms, and enabling the availability of segregated storage.
If you where wondering is Birch Gold Group a scam? No, It’s not, in fact, I highly recommend Birch Gold Group.
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