AJPM

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Are you planning for your retirement savings? Have you heard of a gold IRA? It is a type of investment that is able to protect your savings from today’s unstable economy as well as the hyperinflation and the imminent death of US dollar that follows.

AJPM reviewIn this review, we are going to discuss the company AJPM to see what their role in the business is, and whether they should be the perfect choice for your investment plan.

AJPM – Services and Products

For starters, in case some of you wonder what the name AJPM stands for. It is an acronym for the phrase “Affordable Jewelry and Precious Metals.” AJPM is a company selling gold and other precious metals such as silver and platinum in the forms of bullion and coin.

They also agree to purchase these metals from you when you need some liquidity in your assets. I suppose they do not help investors with IRAs since they do not mention it on their website. I could not find anything about a mail-in program either, so I guess if you want to buy or sell precious metals you need to visit one of their locations in either Vancouver or Oregon.

A note worthy point about this company is their terms that are listed on the ‘How to Order’ page on their site. Some terms worth paying attention to are:

  • Once a confirmation number has been issued, you cannot request any change or cancellation.
  • Status checks by email ONLY.
  • If you want to sell to them, your orders must be postmarked within 24 hours.

In my opinion, these terms may cause some inconvenience to you.

Customers Review

Now we are going to see what previous customers think about AJPM.

The first customerseemed to enjoy his experience with the company:

“It’s my first and only choice when it comes to selling or buying my gold. The employees are well-prepared, friendly and fair in all of my transactions. Definitely my recommendation” – Didier D.

This customer, however, had an experience that was nowhere near as good:

“One of the worst experiences ever. These amateurs took your order and they have no idea where the order went. I have placed my order and even the address is on my check. They seem to have sent (half of my calls about status went straight to voicemail) to my address, after a lot of arguments they finally returned my money. They even said that I have not picked my parcel up at the post office, and they sent me an empty envelop that, according to them, was addressed to an unknown area that is not even in my county. Eventually I lost $50 because of the fall in gold price… They did not even have the minimum courtesy to return the original amount paid to me.” – Jimmy L.

This customer, on the other hand, was not satisfied with the new owners of the company:

“SUMMARY: They had my business for years, but after they changed the owners they started lying to me (and I had to play games with them to get them ship me the product that I had already paid for). So disappointed.”– Danial. T

Below are the overall ratings for AJPM based on customer reviews:

5/5 – Yelp (based off of 1 review)

A+ – BBB

2.8/5 – SiteJabber

Conclusion

Conclusion

To conclude this review, I am going to give my ratings for the company based on everything we have gone through so far. The final ratings are:

0/10 – as an IRA option

3/10 – as a precious metals broker

The low rating can be explained by the lack in specific rules and regulations in their order process. Since you are not allowed to get a status update on your order by phone, they can delay getting you the information you need.

Moreover, they only have locations in Vancouver and Oregon, which makes them completely useless to you if you live outside those areas.

Last but not least, they do not offer any assistance for IRA, not even a mere referral to an IRA custodian. If you are looking for a good choice for your IRA, check out Regal Asset, they are probably the best IRA company in the market.

AAA Gold Exchange

Special Offer: Click HERE to claim FREE Gold Investment Kit!

Today’s unstable economy has caused thousands of hardworking US citizens to lose their whole retirement savings because our currency is constantly devalued and our financial investments devastated.

AAA Gold ExchangeIt is not until the USD value keeps falling and is on the brink of death doinvestors realize the best way to protect and grow their hard earned savings – a gold IRA investment.

In this review, we are going to discuss AAA Gold Exchange to see whether this company can offer you what you are searching for.

AAA Gold Exchange Products and Services

AAA Gold Exchange sets themselves apart from other companies that I have had the opportunity to review in that they are not a precious metals broker and neither are they an official IRA custodian.The company just simply buys gold from investors.

Reading to this point may lead you to think that there is no point in studying this company, since all you want is investing in gold instead of receiving more and more rapidly devalued currency.

You have a point, but think about those times when you are in need of liquidating your assets. It is true that you cannot bring all the gold coins and bullion you have to the supermarket to purchase things you need.

So, what is so special about AAA Gold Exchange? In order to see that, you should read the guarantee I took from their website:

“110% High Price Guarantee: Although we have one of the highest payouts in the country, you are further protected by our Guarantee. We’ll beat any legitimate offer by 10%. *Diamonds and Bullion not included.”

Below is the list of what they are willing to purchase from you:

AAA Gold Exchange review

  • Gold
  • Platinum
  • Silver
  • Jewelry
  • Coins
  • Bullion

If you want to sell to AAA Gold Exchange, you can do it in two ways: visiting one of their stores in Southern California or Hawaii, or using their mail-in program.

Customers Reviews

For you to understand more clearly the way AAA Gold Exchange do their business, we are going to look at several reviews from their customers below.

The first review talks about the great customer service at AAA Gold Exchange:

“I came here this Monday, and it was my first time selling Gold. The employee who worked with me is Scott. He patiently explained to me how the process works. Learned so much while he was pricing my exchange, and also received an AMAZING payment with some extra being military!!Best part is the service was lightning fast! Thanks so much Scott and AAA. Will return soon!!” – Kelvin Y

This customer, however, was less satisfied with the customer service:

“The customer service was horrible! I worked with one male worker who obviously hated his job so much, he didn’t even introduce himself or explain the process to me. He offered me $27 for a pair of my diamond earrings and $150 for my gold Hawaiian bracelet. He threw in the extra 10% when I mentioned yelp, whoopee. I’m not sure whether he was trying to take advantage of me because I’m young, but I’m not that stupid.” – Michael L

This customer enjoys the experience and how the employees explained everything to her:

“Extremely pleasant and easy to work with. I’m not used to selling things, but the female employee here explained everything to me patiently and kindly! Love the experience!”– David B

Below are some ratings AAA Gold Exchange has received that I collected from various sources. Remember that the company has several locations and almost all of these ratings are about specific locations.

4.5/5 – Yelp (Kailua HI)

5/5 – Yelp (Huntington Beach CA)

4/5 – Yelp (Los Angeles CA)

3/5 – Yelp (Lake Forest CA)

1/5 – Yelp (Torrance CA)

1/5 – Yelp (Lakewood CA)

1/5 – TrustLink (Garden Grove CA)

Conclusion

To conclude this review of AAA Gold Exchange I am going to give the company a final rating. This rating is based on two factors: my own research and other people’s experience with the company. The rating should be 0/10 as an IRA option, and 6/10 as a gold purchasing company.

On the whole, AAA Gold Exchange appears to be a decent option for people who wish to sell gold and other precious metals. Although some past customer reviews show their dissatisfaction in the company’s poor customer service, the overall scores are mostly positive. In fact, we can see that some locations have apparently better customer service than others.

Kitco

Special Offer: Click HERE to claim FREE Gold Investment Kit!

Most people seek for a famous and prestige company as their partner while entering a new market. However, that method is Kitco reviewrather difficult with the gold IRA market since it is quite a young industry with not many companies that can meet that demand. Fortunately, we still have some renowned candidates with long and reputable history, which you would feel pleased while trading with. One of them is Kitco. This company has a strong base with years of experiences in not only IRA gold but also the financial market. Read more about it in our Kitco Review below.

About Kitco

Kitco is an international organization specializing in gold and precious metals retailing as well as providing refining services with its base in New York and other offices in Montreal and Hongkong. It also forms partnership with various Gold IRA companies through which it provide the precious metals and conduct other services. Beside that alliance, Kitco maintains its business as the leading company in selling precious metals, particularly gold and purchasing them for cash, which also bring them the reputation. Although this company has not official registered with the Better Business Bureau (BBB) but it still receives a rating of A+. Very impressive right?

Advantages

It is undoubted that the experiences are the strongest competitive advantage of Kitco. With the operation lasting for over thirty years, the experts Kitco gold irahere could easily provide you with the whole picture of the market and suggest the best solution for your business. Furthermore, they could instantly identify scams and prevent lost of money even before they happen. Besides, if you need to keep updated about the value of your precious metals, Kitco’s special feature known as the comprehensive pricing displays could bring you the latest information anytime you need.

Concerns

In recent years, there have been some rising complaints about Kitco. Most of them are closely connected with Kitco’s advertising activities, as the customers are not satisfied with what they gain in comparison with the company’s advertisement. In addition, their customers are also concerning about the mediocre customer service as it fails to provide them with proper support. Particularly, the lack of updating modern conveniences such as online chat has indeed posed some challenges for customers to get information continuously in the competitive market.

Customer Reviews

To have a close and truthfully look about Kitco, let’s see how other people involving in Kitco customer service talk about this company in their reviews:

“Well I have been dealing some big businesses with them. The prices are good, but they really need to improve their customer service, which, in my opinion, is so terrible. They need to train their staff team with updating knowledge and recruit well-experienced employees. Also they must improve the quality of their delivery as they almost lost 10 OZ of my gold, but find them later on” – Willian H.
“I have wonderful experience trading with Kitco. Personally, I think this is a very good company. Their crew is awesome as they are very professional, knowledgeable and caring with smile. Another issue is about the intermediary bank fees as almost every bank charges this fee, but here at Kitco we don’t have to care about that” – P. Jones
“People say good things about Kitco, but I had real experiences trading with them. Unfortunately, I must say that they are not very good ones and give me many questions concerning their service quality. I have traded with them 3 times in 2006 and two of them had really serious issues:

A/ Switch and bait. I am sure 100% that my junk silver originates from US. Well, they have bald eagle and the statement “United States of America” printed on the back. However when I sent them my junk quarters, it said they were from Canada?

B/ Weight and karat different. Kitco said that some of my packages sent to them were plated despite the fact that I bought them from authentic US jewelry stores with certificates of 14, 18 and 22 karat… and, well, all have stamped tag on the gold chains about their purity.” – L.S 

There are not only complements but also complaints about Kitco. Apparently, it is a quite controversial company to say at least. Therefore, we should take a look at their score from other reviews to see how they judge this company:

4.2/10 – TrustPilot

1/5 – Yelp

3/5 – Silver & Gold Daily

A + – BBB

Overall, Kitco is not a bad choice for anyone who wants to join the Gold IRA market. It has good establishment, pricing policies, impressive offers and other advantages. However, regarding their service and experience, it is obvious that we could choose many other gold IRA companies, which have better services and experiences.

Diversify Portfolio with Gold Backed IRA Account

Nowadays, investors prefer to own a diversified portfolio, so they try to invest in as many different types of assets as possible: from stocks, bonds to mutual funds. Although these traditional investment choices have been quite rewarding in the past, these days, they have given investors sleepless nights because of their little returns.

Retirement PortfolioAs a result, a lot of investors have switched their attention to gold and other precious metals as additions to their retirement portfolios. Metals have always been a popular investment choice because of their opportunity for both growth and security and as of today, they have been more popular than ever, especially for people fast approaching retirement.

Why Choosing Gold for Retirement Portfolio?

Adding gold to one’s retirement portfolio brings many advantages, such as:

  • Growth: history has proven that gold can sustain its growth in value. This explains why gold is a popular way to pass on wealth from one generation to another in a family.
  • Diversification: because of their negative correlation to stocks, gold is preferred when it comes to diversifying one’s portfolio. The addition of gold to a portfolio of traditional investments such as stocks and bonds, as a result, can significantly reduce risk and volatility.
  • Asset Protection: thanks to the reduced risk, gold is considered a great way to protect portfolio assets.
  • Hedge Against Inflation: because gold price often goes up with the cost of living, gold is a perfect tool for hedging against inflation.
  • Supply versus Demand: in the past few years, the demand for as well as the price of gold have increased a lot thanks to the increased wealth of many emerging markets.

Gold Backed IRAs: How Do They Work?

The IRA (Individual Retirement Account) is already popular to some investors. These accounts have enabled investors to put aside funds and let them grow on a tax deferred basis until withdrawal since the time they first appeared in mid 70s.

There are two ways to set up a gold backed IRA: as a traditional or a Roth IRA, which features the same tax-related benefits as other types of IRA accounts have. For instance:

  • Traditional IRA

Traditional IRA allows investors to deduct some or all of their annual contribution, and the gains in the account are allowed to grow without suffering from tax. This can greatly compound the growth of assets over time.

  • Roth IRA

Roth IRA does not allow investors to deduct their annual contributions. On the contrary, both the gains in the account and the withdrawals from the account are tax free. As a result, this is very beneficial to retired people whose life depends on a fixed income without suffering from any income tax obligation.

For both types of IRA, investors are able to contribute a certain amount each year, which is limited by a maximum annual level. For instance, this limit in 2014 is $5,500 for investors aging 49 or under, and $6,500 for those who are 50 or over 50 years old.

Allowed Metals

Gold IRA for Retirement PlanThe rules that govern the investing activities in Gold backed IRA are set by the IRS (Internal Revenue Service). In particular, the IRS decides what is allowed to be placed into your account. This limitation is because not all types of metals are approved by the IRS for inclusion in a self-directed IRA.The IRS allows the following types of gold for inclusion in an IRA account:

  • American Eagle coins
  • Australian Kangaroo Nugget coins
  • Canadian Maple Leaf coins
  • Austrian Philharmonic coins
  • Credit Suisse – Pamp Suisse Bars .999
  • U.S. Buffalo Gold Uncirculated coins (not including proofs)
  • Bars and rounds manufactured by a NYMEX/COMEX approved refiner or assayer, or by a national government mint. These bars and rounds must also meet the minimum standards for fineness.

Besides gold, investors can also opt for other precious metals to put into their IRA accounts, including silver, palladium and platinum. The allowed metals in these categories include:

Silver

  • American Eagle coins
  • Mexican Libertad coins
  • Australian Kangaroo Nugget coins
  • Canadian Maple Leaf coins
  • Austrian Philharmonic coins
  • Bars and rounds manufactured by a NYMEX/COMEX approved refiner or assayer, or by a national government mint. These bars and rounds must also meet the minimum standards for fineness.

Platinum

  • American Eagle coins
  • Australian Kangaroo Nugget coins
  • Canadian Maple Leaf coins
  • Isle of Man Noble coins
  • Austrian Philharmonic coins
  • Bars and rounds manufactured by a NYMEX/COMEX approved refiner or assayer, or by a national government mint. These bars and rounds must also meet the minimum standards for fineness.

Palladium

  • Bars and rounds manufactured by a NYMEX/COMEX approved refiner or assayer, or by a national government mint. These bars and rounds must also meet the minimum standards for fineness.

The minimum fineness standards for precious metals to use in IRAs,as stated in the IRS rules, is .995 for gold, .999 for silver, .9995 for platinum, and .9995 for palladium.

It is a matter of extreme importance that investors follow the rules for types of metals that are allowed and banned to be placed into their gold backed IRA accounts. If it is discovered that investors have violated these rules, no matter deliberately or unintentionally,they will lose of the tax advantaged status of their IRA account.

Conclusion

Gold and other precious metals are the first thing to come to investors’ mind whenever they think of the best type of financial assets to put into their IRA. This is due to the numerous advantages that these vehicles have over other tradition options such as bonds, stocks and mutual funds. The most prominent advantage is that metals can sustain the ups and downs and the volatility of the market during times of economic distress. For more information on where to buy Gold and precious metals, check out Top 5 Gold IRA Companies.

 

Top 5 Gold IRA Companies

Considering today’s troubled economic times, starting a Gold IRA is highly recommended as one of the smartest investments you can make to protect your savings.

A lot of people lost their entire lifesavings because of their investments in risky assets. Some others, however, have seen the value of their savings rise even during times of economic distress thanks to their investments in gold. Below are quick guide on current Best Gold IRA Companies. *Updated on November, 2016!

The Right Custodian

In order to have your secure Gold IRA set up, the first thing to do is looking for a company to manage your account, which is called the “custodian”. A custodian performs these three essential tasks:

  1. Buy the gold approved by the IRS
  2. Set up a self-directed IRA
  3. Safely store the gold somewhere

Besides these tasks, some custodians also help you rollover an existing IRA into a Gold IRA without making you suffer from any tax penalties. As a result, this is the most important step: you have to choose a trusted, competent Gold IRA company that offers satisfactory customer service.

Find a Trustworthy Gold IRA Company

Best Gold IRA CompanyIt is very important to pick the right custodian to manage your Gold IRA. The factors that should be taken into consideration include honesty, integrity, as well as an excellent track record. In the market nowadays, there are many bad companies accused of scams, frauds or bad business practices, some of which even had legal injunctions filed against them. Handing your investments into the wrong hands, as a result, will cost you your entire savings.

As an investor, it is your duty to do comprehensive research into a company’s history and track record to make sure you would not make the wrong decision. Here on the site I have a number of reviews of various gold custodians and even other gold related businesses. I believe you would find them helpful.

In order to make sure a Gold IRA company is not a scam, you should check out several important factors below (remember this is not all of them, you should research as much as possible):

  • Check to see if they are accredited with the BBB (Better Business Bureau)
  • Check their BBB score
  • Check their rating with TrustLink
  • Check their rating with the BCA (Business Consumer Alliance)

Services, Fees, and Other Things

A trustworthy Gold IRA company is still not good enough. You also need to consider several other criteria. Here are my recommendations:

  • They let you invest in other precious metals besides gold
  • They allow Gold IRA rollovers (if you have an existing IRA)
  • They keep track of changing market conditions for gold and other precious metals
  • They have fast delivery, buy-back and guarantee policies
  • They utilize secure storage facilities to keep your gold safe
  • They offer flat fee for your account (in contrast to a scaling fee,which allows the possibility of you being ripped off)

Another thing worth paying attention to is that just because a company lets you buy gold does not mean they are an actual Gold IRA custodian that agrees to set up and manage your account.This is a mistake frequently made: people usually buy gold from a company and then end up realizing that they do not set up and manage an IRA for you.

My Suggestion

Top gold backed ira companyIn the conclusion of this article, I will offer you the name of my personal recommendation. After doing some extensive research on Gold IRA companies, I found that Regal Assets is a company with 50 years of experience in the field of gold investment. I believe this is a company with not only great reputation but alsounrivalled track record. Regal Assets have a:

  • Perfect score with the BBB
  • Perfect score with TrustLink
  • Perfect score with the BCA

Regal Assets also received no complaints since March 2013, and have only received 2 in the past three years, which is very uncommon in the gold investment industry.

Besides their trustworthiness, Regal Assets also offers investors several benefits that are hard to say no to:

  • 7-day deliver policy on all gold, silver, and platinum: they allow you lightning fast access to your assets.
  • Safe and secure Delivery: small packages are delivered via insured mail, while larger shipments are delivered via Brinks armored delivery service and escorted by armed guards.
  • Buy-back policy: they buy back products at spot price so you don’t get ripped off.
  • Besides an industry leading flat fee, they also agree to cover your first year expenses.

Regal Assets is best known for their commitment to keeping up with the gold and precious metals market, and to providing investors with the best services so that their accounts are ensured to stay profitable.

 

Regal Assets

Special Offer: Click HERE to claim FREE Gold Investment Kit!

Many people are wondering how they could protect their lifetime saving from such a chaotic financial environment like what is happening nowadays when financial assets such as currency, stocks… are losing value faster and more spontaneously than ever before.

To protect their money, traders are turning assets to physical gold but they still face another challenge, the lack of a prestige service provider. Therefore, this review will introduce you an official gold IRA company, the Regal Assets, which would effectively assist you in securing you money by setting up a safe gold IRA. Take a look at this  regal assets review and find out whether it suits you or not.

regal asset reviewServices and Benefits

One special thing about Regal Assets is that they provide some particular services that you hardly find in any other company. Those specific services are listed as follow:

  • Regal Assets buy back products at the spot price so you would gain the highest benefit.
  • Smaller assets would be delivered via insured mail while other larger assets would be taken care of by Brinks, an armored delivery service with secured facility and armed guards.
  • They have a very competitive flat fee in the industry which eventually covers your expense in the first year.
  • Their policy ensures a 7-day period for all assets such as gold, silver, and platinum to provide fastest access to your products.

However, those are not all bonuses that you would enjoy at Regal Asset because there are some more services at this company that you would not expect at a Gold IRA company:

  • They purchase the IRS-approved gold
  • They help setting up a self-oriented IRA
  • They ensure the security and safety of your asset
  • Their asset list allows you to trade with diverse valuable products such as silver and platinum.

Finally, unlike other companies which might leave you alone after the purchase, Regal Asset not only acts as a gold broker but it also takes further steps to help investors direct their trade and manage their accounts.

Reputation and Track Record

I must confess that I did have to forget my first attempt to seek for some negative points about this company. In other words, I would say it is one of the best and most honesty company that I have ever reviewed in the gold investment industry. What I find about Regal Asset are the over-expected reputation and the unimaginably flawless track record. You may not believe what is written below but I could guarantee that they are all true. The Company has:

  • Perfect score with the BBB
  • Perfect score with the BCA (Business Consumer Alliance)
  • Perfect score with TrustLink

What could we expect more from a gold expert? Anyway, it is just some points from the market. In the next part, we are going to see how the market, our customers talk about this company.

Customer Feedback

“I absolutely recommend this company. The sign-up process was amazingly fast and I was updated continuously. All the transition and transfer are smooth as well. I have a personal advisor, Christian Howard, who guided me devotedly to help me understand the situation thoroughly and made sure I could have the best deal. Don’t worry if you are a novice. This is a great company for anyone!” – David J.
“This transaction is such a successful deal, and we could do it thanks to the help from Collin Plume and his associates Adam M.& Leah K. It my truly my pleasure to have chance working with such a great company.”– Andrea P.

“Professional and respectful. That’s what I feel when I first contacted with Christian Howard of Regal Assets. Back those days, I quit my job and have to make end meets with my 401K. Gold investment was my choice because I believed it was a good industry and I could easily earn money from there. Well, I was wrong as my first attempt to enter the market by contacting some companies showing no positive results at all. Most of them cared nothing but only how to take my money as soon as possible. I was quite disappointed as I intended to leave but then I changed my mind when I met him. He is such a professional expert, caring and up front about everything I need to know. He is a good adviser.”– Chris L.

There are tons of positive feedbacks like this and you could get more under my review, but I believe some like these might help you get the image now. What about negative comments? I swear I didn’t find any. This is unbelievable that I couldn’t find any complain about this company among thousands of online feedbacks. However this is the truth! We have some scores for Regal Assets:

Education for Potential Customers

Regal Assets has differentiated it from other companies by a very smart move – it provides customers with a Gold IRA Rollover Kit, which is a collection built with all basic information needed for a potential client to penetrate the market, but that’s not all about this product.

Inside that Kit, we could find a documentary about the Federal Reserve as well as a free copy of the 2013 Forbes magazine where it is featured. Hence, new and potential clients could grasp all their need inside a small but thorough Kit.

IRA Rollover Process and Customer Service

regal assets goldThe first step to begin trading with Regal Assets is to turn your current non-gold IRA to a gold IRA by moving your existing IRA or 401(k) to the company in two ways:

  • The first simple method is to transfer your current IRA into gold IRA. Remember the most important requirement you need to meet for this method is that the transfer must be done between two custodians as the new account with the name of the custodian where you transfer your IRA to will be under distribution check.
  • The second method is to rollover your IRA, then take distribution from your existing IRA and move them to your new IRA. To avoid taxes or penalties, you should do this only in 60 days after withdrawing your distribution. Put in mind that this method is available only every 12 months if the benefits of an IRA, particularly tax ones are reserved.

Personal Experience

Actually I do not believe everything I read about Regal Assets online. It seems unreal that a company gets no negative feedback from clients. Therefore, I conduct my own research about this company to test their operation. I called them and experienced their service by myself. What I discovered indeed amazed me.

Instead of trying to sell any product like other companies always telling me about the positive side of the gold industry, how much I could gain and how fast it could be, this company gave me the truth, both the good and ugly ones about investing in a gold IRA rollover. They didn’t push me to buy or to do anything and they were also really customer-oriented as their services are available in diverse investment packages which suit different needs.

As opposed to the common trend of increasing sells as much as possible, Regal Assets focuses extensively on the precious metals market which could probably explain why they are the best in this market.

Conclusion

This is the only time that I would give the ultimate 10/10 score for a gold IRA company. It is true that I never believe that there would be such a perfect company like this which would persuade me to give them the best score but this company eventually did that. What Regal Assets has been doing is incredible; they know exactly what the customers need and how they could meet those demands. I could give you a few good points in this Regal Assets review as the summary below:

  • Honesty, integrity, and exceptional customer service
  • Creating custom packages based on client needs
  • Moving smoothly your existing IRA into a precious metals IRA without any tax or penalty.
  • Closely connect with precious metals market so they always catch up with the latest trend and can advise you on how to gain the most from your investment.

Nevertheless, to fully experience their service, contact them and check it yourself. I guarantee you would be satisfied.