Is Money Metals exchange a Scam? Let’s Find It Out In This 2022 Review!

Welcome to my 2022 Review of Money Metals Exchange!

Are you looking for a trusted source of precious metals?

Is Money Metals Exchange a Trusted Source? Is this a recommended company?

If so, let us get to know them in this Money Metals Exchange 2022 Review!

Money Metals Exchange Summary Review

  • Name: Money Metals Exchange
  • Website: https://www.moneymetals.com/
  • Founder: Stefan Gleason
  • Cash Minimum: $100
  • IRA Minimum: N/A
  • Fees: N/A
  • Rating: 4.1/5.0

What is Money Metals Exchange?

Money Metals Exchange 2022 Review

In this Money Metals Exchange 2022 Review, the company is a national precious metals investment company and news service with over 500,000 readers and 250,000 customers.

More so, the reasons for the company's rapid growth and stellar reputation and are simple and straightforward – Money Metals Exchange is discreet, dependable, and extremely competitive on pricing.

Also Investopedia recently named Money Metals as the "Best Overall" precious metals dealer on the Internet in recognition of its high integrity, value pricing, wide array of services, and beginner friendly approach -- focusing on educating customers and giving them white-glove service regardless of their order sizes.

Products and Services of Money Metals Exchange

Here's what Money Metals Exchange offers:

Silver

There are many reasons that investors (beginners and experts) immediately choose to buy silver more than any other precious metal.

For beginners, when the Price of silver per ounce is so much lower than the Gold price, platinum, and palladium, they realize they can buy substantially more physical metal for their dollar.

Furthermore, with its much lower price, buying silver bullion is much more appealing to small or novice investors.

Money Metals Exchange 2022 Review

Gold

On the other hand, owning gold means having a valuable asset to protect your wealth and purchasing power for years to come. Investors invest in or buy gold to help guard against inflation and financial turmoil.

Also, because it is inversely correlated to many other asset classes, it is a necessary part of any balanced investment portfolio. It is more than a commodity… it is a better, more stable form of money that has been used for thousands of years.

More so, it’s something everyone should own – from seasoned investors to regular people looking for financial security.

Money Metals Exchange 2022 Review

Others

Money Metals offers products for the well-rounded precious metals investor.

More so, they have products that help you secure your precious metals as well as products that help educate others about gold and silver.

IRAs/Programs

Self-Directed Gold IRA

There is no substitute for holding physical precious metals in your IRA.

Meanwhile, Conventional IRAs are limited to the usual menu of paper assets - cash, stocks, bonds and mutual funds. 

More so, not only can you purchase, hold, and sell real precious metals with a tax-advantaged Self-Directed Precious Metals IRA account, but also you can withdraw your bullion and take direct physical possession of it under normal IRA distribution rules.

Furthermore, below is a list of Trustees which offer storage with Money Metals Depository:

  • New Direction Trust Company
  • Mountain West IRA
  • Preferred Trust Company
  • Advanta IRA
  • American IRA Company

Monthly Savings Program

As a participant in their monthly plan gain access to even LOWER PREMIUMS than those available to the general public. This also means you get more actual gold or silver for every dollar.

Thus, choose the monthly dollar amount you wish to invest (as little as $100) or a monthly number of ounces you want to buy.

Also, choose the payment method easiest for you.

  • First, Automatic Draft - Simply provide your bank information on the application.
  • Second, Pay by Check/Money Order - Just send payment within 3 business days of your monthly purchase date.
  • Lastly, Credit Card - Convenient, but it requires a 4% processing charge for each purchase (which may still result in lower prices than some of our competitors charge).

Money Metals Depository

Gold storage is a simplified way of describing the service of securely storing physical holdings of gold and other precious metals, whether it be in coin, round, or bar form. Unlike electronic-based financial assets, investors must physically store their precious metals purchases, and a depository specially designed for this purpose is the ideal place.

More so, storing your precious metals in the ultra-secure Money Metals Depository is inexpensive and affordable. Yet the service we offer is first-class. Also, store with us, and you'll find convenience, security, and savings on shipping and insurance –- at a bargain price.

Reviews and Ratings of Money Metals Exchange

Here are some of the 2022 reviews and ratings of Money Metals Exchange:

What I Like About Money Metals Exchange

They Buy Precious Metals

You can sell precious metals to Money Metals Exchange. 

They happily buy any of the popular forms of precious metals that we offer for sale (and even a few others), regardless of whether you purchased from them or not. More so, they send payment quickly and, as always, their prices are hard to beat!

Loan Offering

Do you own precious metals you would rather not sell, but need access to cash?

Money Metals Capital Group (“MMCG”) can help with a process that’s fast, easy, secure, and most of all, affordable.

Also, you were wise to stash away precious metals to meet your future financial needs. More so, now MMCG can assist you with those needs by providing a low-interest loan on your gold, silver, platinum, and/or palladium bullion coins, bars, and rounds.

What I Don't Like About Money Metals Exchange

Varying Reviews

Money Metals Exchange has quite varying reviews filled with both positive and negative reviews.

This means that they are not consistent with their customer service.

High Prices of Precious Metals

Money Metals Exchange are constantly one of the highest priced online dealers for gold and silver bullion.

So, it is not the best choice when looking for affordable precious metals.

Is Money Metals Exchange a SCAM?

Money Metals Exchange is NOT A SCAM.

However, they do have varying reviews so, they are somewhat inconsistent with their services.

They also offer precious metals at a higher price than other traders.

Final Thoughts

When it comes to precious metals and IRAs, I certainly would recommend GOLDCO.

Goldco is a leader in the precious metals industry, with over a decade of experience helping customers protect their retirement savings. If you have an IRA, 401(k), 403(b), TSP, savings or similar tax-advantaged retirement account, a Goldco Specialist can help you protect those assets with a Precious Metals IRA.

They have a rating of A+ by the Better Business Bureau and Triple A by Business Consumer Alliance. Their quality customer service, dependability, and ethical business practices have thousands of happy customers and positive reviews.

Click below to know more about them!