Retirement & Precious Metals Investing Guide

Gold

Money Metals Exchange offers a wide selection of gold products, including coins, bars, and rounds. Some popular gold options available at MME are:

1. American Gold Eagle
2. Canadian Gold Maple Leaf
3. South African Gold Krugerrand
4. Austrian Gold Philharmonic
5. Gold bars from various mints

Silver

MME also provides a diverse range of silver products, including coins, bars, and rounds. Some popular silver options available at MME are:

1. American Silver Eagle
2. Canadian Silver Maple Leaf
3. Austrian Silver Philharmonic
4. Australian Silver Kangaroo
5. Silver bars from various mints

Other Precious Metals They Sell

In addition to gold and silver, Money Metals Exchange offers other precious metals, such as platinum, palladium, and rhodium. Some popular products in these categories include:

1. Platinum: American Platinum Eagle, Canadian Platinum Maple Leaf, and platinum bars.
2. Palladium: Canadian Palladium Maple Leaf, palladium bars, and rounds.
3. Rhodium: Baird & Co. Rhodium bars.

MME Precious Metals IRA

Yes, Money Metals Exchange offers a Precious Metals IRA, allowing investors to include eligible gold, silver, platinum, and palladium in their retirement accounts. MME works with top IRA custodians and storage facilities to ensure a seamless experience for their customers.

How Does Their IRA Work?

A Precious Metals IRA with Money Metals Exchange functions similarly to a traditional IRA, but it allows for the inclusion of physical precious metals. Here's how the process works:

1. Choose a custodian: Select an approved IRA custodian to administer your account. MME can help you find a suitable custodian if needed.
2. Fund your IRA: Transfer funds from an existing IRA or 401(k), or contribute new funds to your Precious Metals IRA.3. Select your metals: Choose from MME's wide selection of IRA-approved precious metals, including gold, silver, platinum, and palladium.
3. Store your metals: MME works with various storage facilities, such as the Delaware Depository and Idaho Armored Vaults, to securely store your precious metals. Your custodian will handle the logistics of storage and any associated fees.
4. Manage your investments: Monitor and adjust your precious metals holdings within your IRA as needed, with the help of your custodian and MME.

How to Set up a Gold IRA

Setting up a Gold IRA with Money Metals Exchange is a straightforward process:

1. Choose a custodian: Select an approved IRA custodian to manage your Gold IRA. MME can assist you in finding the right custodian.
2. Fund your IRA: Rollover funds from an existing IRA or 401(k), or contribute new funds to your Gold IRA.
3. Purchase gold: Choose from MME's selection of IRA-approved gold products, such as coins and bars.
4. Arrange storage: Your custodian will coordinate with a secure storage facility to store your gold investments.
5. Manage your investments: Keep track of your gold holdings and make adjustments as needed.

Additional Services Offered by MME

Besides the core offerings, Money Metals Exchange also provides a variety of additional services to cater to the diverse needs of precious metals investors:

1. Buyback Program: MME offers a buyback program, allowing customers to sell their precious metals back to the company at competitive rates. This service provides investors with an easy and convenient way to liquidate their assets when needed.
2. Monthly Savings Plan: MME offers a monthly savings plan, enabling customers to invest in precious metals on a regular basis. The plan allows for automatic purchases of gold, silver, or other metals at predetermined intervals, helping investors build their portfolios over time without the hassle of monitoring the market constantly.
3. Storage Services: For investors who prefer not to store their precious metals at home, MME offers storage services in partnership with secure storage facilities, such as the Delaware Depository and Idaho Armored Vaults. These facilities provide a high level of security and insurance coverage, ensuring that your investments are well-protected.
4. Educational Resources: MME is dedicated to educating its customers about the benefits of investing in precious metals. The company provides a wealth of resources, including articles, podcasts, and videos, to help investors make informed decisions.
5. Market Alerts and Price Notifications: MME offers market alerts and price notifications, helping customers stay informed about the latest market trends and price movements. This service can be particularly useful for investors looking to capitalize on market fluctuations and execute timely trades.

Should You Invest in Precious Metals?

Investing in precious metals can be an excellent way to diversify your investment portfolio, hedge against inflation, and protect your wealth during economic uncertainties. However, like any investment, precious metals come with their risks and should be carefully considered as part of a well-rounded investment strategy.

Money Metals Exchange BBB Rating and Complaints

Money Metals Exchange has an A+ rating with the Better Business Bureau (BBB), reflecting its commitment to customer satisfaction and ethical business practices. Although some complaints have been filed against MME, the company has resolved most of them to the satisfaction of the customers. Overall, the positive reviews and low number of complaints indicate that MME is a reliable and trustworthy dealer.

Money Metals Exchange Lawsuit?

There is no evidence of any significant lawsuits against Money Metals Exchange. The company has maintained a strong reputation and has not been involved in any legal issues that would raise concerns for potential customers.

Pros and Cons

APMEX Products and Services

How to Set up a Precious Metals IRA with APMEX

Setting up a precious metals IRA with APMEX involves a few simple steps. 

First, investors must choose a custodian to administer the IRA. APMEX has a list of preferred custodians but also works with other custodians at the investor's request. Next, investors need to open and fund the IRA account, which can be done through a transfer, rollover, or new contribution.

Finally, investors can select the precious metals they wish to include in their IRA, with APMEX providing guidance on the appropriate products based on IRS guidelines.

Top Reasons to Consider Investing in Precious Metals

1. Diversification: Precious metals can provide a hedge against stock market fluctuations and currency devaluation, reducing overall investment risk.
2. Inflation Protection: Gold, silver, and other precious metals have historically maintained their purchasing power during periods of inflation.
3. Tangible Assets: Unlike stocks and bonds, precious metals are tangible assets that can be held and stored, providing a sense of security for investors.4. Global Demand: Precious metals are used in various industries, such as technology, jewelry, and medicine, contributing to their steady global demand.

5. Crisis Protection: Precious metals often perform well during economic or geopolitical crises, making them a valuable addition to an investment portfolio.

Top Reasons to Open a Precious Metals IRA

1. Tax Advantages: A precious metals IRA offers tax-deferred growth, allowing investors to save for retirement more efficiently.
2. Diversification: Including precious metals in an IRA can help diversify retirement savings and mitigate potential losses in traditional investments.
3. Inflation Hedge: Precious metals have historically been effective in preserving wealth during periods of inflation, making them a valuable addition to a retirement portfolio.
4. Long-term Potential: Precious metals have demonstrated long-term appreciation potential, which may be particularly beneficial for retirement planning.
5. Portfolio Control: A self-directed precious metals IRA allows investors to have more control over their investment choices.

Does APMEX Sell Fake Gold?

APMEX takes extensive measures to ensure the authenticity of its precious metal products. As a United States Mint Authorized Purchaser, APMEX only deals in genuine gold, silver, and other precious metal items. Additionally, the company employs strict quality control measures and verification processes, such as X-ray fluorescence testing and weight and dimension checks, to guarantee the authenticity of the products it sells.

APMEX BBB Rating and Complaints

APMEX holds an A+ rating from the Better Business Bureau (BBB), which reflects the company's commitment to customer satisfaction and transparency. While some complaints have been filed with the BBB, the majority have been resolved promptly and professionally, demonstrating APMEX's dedication to addressing customer concerns.

APMEX Pros and Cons