The economic stagnation can sweep all your savings away at any time beyond your control. One smart strategy to shield yourself and your lifesavings against such consequence is to invest in a gold IRA. It keeps your savings safe and also helps you earn capital gains over the time as its value increases steadily.
Republic Monetary Exchange Services
Republic Monetary Exchange (RME) is an official IRA custodian and they are willing to help you build up your precious metal IRA, including starting a gold IRA from the very first step and performing 401k rollovers.
Their website also provides lots of information related to precious metals like silver, gold, and information on investments. If you are an investor who wants to do lots of research for your investments, the information offered by RME will be very useful to you.
Regarding their products, RME provides a wide range of both silver and gold coins and junk silver. A thing I found on their website and felt somewhat weird is that there is a section referring to platinum, but there is no platinum product listed or offered, and the company asks you to give them a call about platinum products. It is quite confusing.
In this part, we will read some reviews from customers of Republic Monetary Exchange to see what people say about this company and their attitude towards the company.
This customer has some complaints about the quoted price at RME:
This review is quite positive towards the company:
Another customer feedback that complained about the overcharged price:
And the general scores given to Republic Monetary Exchange by these customers are therefore not so good:
To be fair here, RME seems to be a merely average gold IRA custodian. They are almost the same as many other gold IRA firms, except for one thing: there is no platinum product offered at RME.
Regarding their business approach and customer feedback, they seem to receive lots of negative reviews about overcharging their customers. This is something that you must take into careful consideration, because you are seeking a safe and profitable investment channel, so the high price will decrease your chance of profit and also reduce the returns. This overpricing issue is very remarkable and my final score for RME is mostly influenced by this issue.
So the final score I give to Republic Monetary Exchange is: 4/10