Schiff Gold Review
If you are looking for a company to invest your money in, consider SchiffGold Investments. The company is not a member of the Better Business Bureau and does not have any reviews on Trustlink. Despite its lack of formal accreditation, Schiff Gold has been around for over a decade and has been doing business under the name of SchiffGold since 2014. Peter Schiff’s expertise and professionalism have earned the company a highly reputable reputation.
The company offers a wide range of precious metals and ensures quality. Calls and live chat are available for you to discuss the various products. Schiff Gold also offers a buyback program, wherein you can sell your bullion back to the company. If you want to sell your bullion elsewhere, the company may reject it.
As long as you store your gold in a secure vault, it will be safe. All vaults at Schiff Gold are regularly audited by an independent company. They also send periodic reports to investors so you can see how much your investment has increased or decreased over time. With their secure storage, you can transfer your investments between vaults and pick up the metals in person, or have them shipped to a destination of your choice.
While comparing prices on Schiff Gold is not straightforward, it is easy to find other dealers with better business practices. The founder of SchiffGold is Peter Schiff himself, and it is clear that his expertise is behind the company. As such, it is a trustworthy and convenient option for customers who are looking to invest in gold or other precious metals. You can also benefit from the company’s chat feature, where you can talk with a representative or a specialist.
Payment options at SchiffGold vary. Customers can pay with a check, wire transfer, or bitcoins using BitPay. The company will email you a total invoice after they process the transaction. You can also pay for your gold or silver via PayPal, wire transfer, or a check. A check will require the seller to hold your order until the check clears. Then, the transaction will be complete. It will take around 2 days for you to receive the precious metals.
Peter Schiff has a bad track record when it comes to public predictions. Six years ago, he predicted that the United States would fall into a recession, and that gold prices would explode to hyperinflation. The financial crisis changed that, however, and deflationary pressures became a more pressing concern. As a result, gold traded at $1,700, just a few months after his predictions. It has now fallen back to $1,700 and is $32 from its high. Since then, Schiff has been predicting a gold rally to $5,000.
Whether you are looking to invest in gold or silver, Schiff Gold offers a full range of services to help you buy or sell precious metals. The company offers storage, investments in the metal of your choice, and even buys back gold if it is not selling at a decent price. If you are unsure about whether Schiff Gold is a good investment option for you, it is important to research the company before making a decision.
Gold Investing for Beginners
If you are new to precious metals investing, SchiffGold is a good place to start. Peter Schiff is a renowned financial commentator and author and has made it his mission to help investors choose the right metal for their portfolios. The company does not sell numismatic coins, since they often have high markups and complicated liquidation processes. However, the company does offer a reputable vault storage partner and a full range of gold products.
Whether you plan to invest your money in bullion or an ETF, this precious metal investment option is a great way to get started with gold investing. The most important aspect is finding a company that you trust. And don’t forget to use the tips and tricks of the industry in this review. You will be glad you did.