Is Noble Gold Legit? – Or is it a Scam Company?

Is Noble Gold Legit?

In this article we answer the question: “Is Noble Gold legit?” It’s crucial to have a clear understanding of the company’s credibility and reliability before entrusting them with your hard-earned money.


Company: Noble Gold Investments

Website: https://noblegoldinvestments.com/

Owner: Collin Plume (President/CEO)

Who is it for: Retirees, precious metals investors


P.S.

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Intro

In the world of investment, finding a trustworthy and legitimate company to safeguard your assets is of paramount importance. When it comes to precious metals and individual retirement accounts (IRAs), Noble Gold has emerged as a prominent player.

Founded by Charles Thorngren and Collin Plume, Noble Gold offers a range of services and products that cater to investors looking to diversify their portfolios and protect their wealth.

In this review article, we will delve into the details, providing an unbiased assessment of Noble Gold’s legitimacy, examining both the positives and potential drawbacks.

What is Noble Gold?

Noble Gold is a reputable company specializing in the supply of precious metals IRAs and facilitating the purchase of various precious metals, including gold, silver, palladium, and platinum. Noble Gold, founded in 2016 by CEO Charles Thorngren and President Collin Plume, is known for offering investors safe diversification alternatives.what is noble gold investments

Noble Gold offers a variety of investor-specific services and solutions. One exceptional service they provide is the Gold IRA account, which allows individuals to invest their retirement funds in physical gold. This investment safeguards against economic uncertainties and inflation while offering potential long-term stability.

How does Noble Gold work?

Noble Gold operates through a simple and transparent process, enabling investors to quickly navigate the world of precious metals and IRA investments. Let’s explore the working process of Noble Gold:

Consultation and Account Setup

The journey with Noble Gold begins with a consultation. Their in-house experts are available to provide free precious metals IRA advice, ensuring that investors thoroughly understand their options. These consultations can be requested to gain personalized insights.

Once investors have chosen their preferred investment option, they can contact Noble Gold’s customer support to set up an account. The team at Noble Gold is happy to assist with the rollover of conventional IRAs if desired.

However, consulting with a tax expert to assess any potential withdrawal penalties or tax implications associated with the rollover is advisable.

Funding the Account

After the account setup, investors can fund their Noble Gold account. It is worth noting that Noble Gold offers competitive pricing, making its services more affordable compared to other providers in the market.

Selecting and Purchasing Precious Metals

Once the account is funded, investors can explore the variety of precious metals available through Noble Gold. They offer options such as gold IRA accounts, silver IRA accounts, platinum coins, and palladium coins. Investors can select the specific metals they wish to invest in based on their investment goals and risk appetite.

Secure Storage or Home Delivery

Once the purchasing process is complete, Noble Gold provides two options for safeguarding the purchased metals. Investors can securely store their precious metals at the Texas Depository, which offers high-level security measures.

Alternatively, they can opt for home delivery, where Noble Gold ensures the safe shipment of the metals to their preferred location.

Investors can either receive photographic verification of their holdings or physically inspect the metals, reinforcing transparency and confidence in the investment.

By following this straightforward process, Noble Gold ensures investors have a smooth and hassle-free experience when investing in precious metals and establishing IRA accounts. They prioritize transparency, security, and personalized support throughout the entire journey.

Noble Gold Services and Products Offered

Noble Gold’s services and solutions cover investors’ different demands. Let’s look at Noble Gold’s particular supplies, which include IRS-approved gold and silver coins, gold bars, silver bars, and other precious metals goods.

Gold IRA Account

Noble Gold facilitates Gold IRA accounts, which allow individuals to invest their retirement funds in physical gold. A Gold IRA will enable individuals to diversify their portfolios and safeguard their wealth against economic uncertainties. It functions under the guidelines set by the IRS to ensure compliance.

IRS-Approved Gold Coins

As part of their Gold IRA offerings, Noble Gold provides a selection of IRS-approved gold coins, including:

  • 1854 Kellogg $20 Coin
  • American Gold Eagle Coin
  • Canadian Gold Maple Leaf
  • Australian Gold Kangaroo Coin
  • 4 Piece Indian – St. Gauden Set (MS63)
  • 4 Piece Set American Gold Eagle Proof Coins

These coins have met the criteria established by the IRS for inclusion in precious metals IRAs. They are recognized for their purity, quality, and historical significance.

Gold Bars

In addition to gold coins, Noble Gold also offers gold bars as an investment option. Gold bars allow individuals to own larger quantities of gold and benefit from fluctuations in the precious metals market. These bars are carefully crafted and verified for purity and authenticity.

Silver IRA Account

Noble Gold extends its services to Silver IRA accounts, allowing individuals to invest their retirement funds in physical silver. Like a Gold IRA, a Silver IRA offers diversification and potential stability within an investment portfolio.

IRS-Approved Silver Coins

Within their Silver IRA offerings, Noble Gold provides a range of IRS-approved silver coins, including:

  • American Silver Eagle Coins
  • 1oz Highland Mint Silver Round
  • Austrian Silver Philharmonic Coin
  • Australian Silver Kangaroo Coin
  • 5 oz America The Beautiful Silver Coins
  • Morgan Silver Dollars (NGC MS68)

These coins have met the IRS criteria for inclusion in precious metals IRAs. They are recognized for their quality, purity, and historical significance.

Silver Bars

Noble Gold offers silver bars as an alternative investment option for investors interested in physical ownership of silver. Silver bars allow one to own larger quantities of silver and benefit from market movements.

Platinum Coins and Palladium Coins

In addition to gold and silver, Noble Gold presents investment opportunities in platinum and palladium coins. These precious metals offer diversification and potential growth prospects within an investment portfolio.

Other Services

Noble Gold goes beyond offering investment products. They provide additional services such as home delivery, ensuring investors can physically possess their precious metals. Moreover, Noble Gold offers secure storage at the Texas Depository, providing a safe and monitored facility for storing valuable assets.

Additionally, Noble Gold offers learning resources to empower investors with educational materials, insights, and guidance regarding precious metals and investment strategies.

Why Invest in a Gold IRA?

Investing in a gold IRA provides several advantages, making it a popular option among investors. Let’s delve into the benefits of investing in a gold IRA, including diversification, tax efficiency, global currency, stability, limited supply, emerging industrial uses, and protection against inflation.

Diversification

One of the primary advantages of a gold IRA is its ability to provide diversification within an investment portfolio. By adding physical gold to a retirement account, investors can mitigate risks associated with traditional investments such as stocks and bonds.

Gold has historically shown a low correlation with other asset classes, making it an effective hedge against market volatility.

Tax Efficiency

A gold IRA offers potential tax advantages. By investing in a gold IRA, individuals can benefit from tax-deferred growth. This means that any gains made from the investment are not immediately taxed, allowing the investment to grow and compound over time.

Additionally, individuals can convert a portion of their traditional IRA into a Roth IRA, providing tax-free growth potential.

Global Currency

Gold is considered a global currency with intrinsic value. It’s worth is recognized worldwide, making it a reliable store of wealth.

As a tangible asset, gold can act as a hedge against geopolitical uncertainties, currency devaluations, and economic fluctuations, providing stability to an investment portfolio.

Stability

Gold has demonstrated its ability to maintain value over the long term. While traditional investments may experience volatility, gold has historically shown a degree of stability. This stability is attributed to the finite supply of gold and its enduring desirability as a precious metal.

Limited Supply

The supply of gold is limited, contributing to its value and potential for growth. Gold mining production is relatively slow, and discoveries are becoming increasingly rare. This scarcity adds intrinsic value to gold, making it an attractive investment option.

Emerging Industrial Uses

Gold has various industrial applications beyond its value as a precious metal. It is used in electronics, medical devices, aerospace technology, and more. As emerging industries evolve, the demand for gold in these sectors may increase, potentially driving its value even further.

Protection Against Inflation

Gold is often considered as a hedge against inflation. When the value of traditional currencies erodes due to inflationary pressures, gold tends to retain its value or even appreciate.

This characteristic makes gold a valuable asset for investors seeking to preserve their purchasing power over time.

Why Invest in Silver?

Investing in silver offers compelling reasons that make it an attractive option for investors. Let’s explore the specific factors that highlight the advantages of investing in silver, including increasing industrial usage, ease of ownership, lower counterparty risk, and limited supply.

Increasing Industrial Usage

Silver is widely used in various industries due to its unique properties. It plays a vital role in electronics, solar energy, medical devices, and automotive technology sectors. The demand for silver will rise as these sectors continue to develop and thrive, potentially raising its price.

Ease of Ownership

Silver is readily available and affordable, similar to other valuable metals such as gold and platinum. Its lower price point allows investors with different budget ranges to participate in precious metals investing. Its low entry fee appeals to investors wishing to diversify their portfolios.

Lower Counter-Party Risk

Investing in physical silver provides a tangible asset that is not dependent on the performance or stability of financial institutions or intermediaries. Unlike paper investments, which may carry counter-party risk, physical silver ownership eliminates the concern of default by a third party. This lower counter-party risk can provide a sense of security to investors.

Limited Supply

Similar to gold, silver is a finite resource with a limited supply. Although silver mining production occurs at a higher rate than gold, the demand for silver across industries continues to grow. As a result, the gap between supply and demand has the potential to put upward pressure on silver prices, making it an intriguing investment option.

Noble Gold Fees and Storage Charges

Regarding fees and costs, Noble Gold maintains a commitment to transparency, ensuring that investors clearly understand the financial aspects associated with their services. Let’s delve into Noble Gold’s fees, storage costs, and any additional custodial fees that may apply.

Noble Gold charges an annual fee of $80 for their services. This fee covers the administrative and operational expenses of maintaining and managing investment accounts.

It is important to note that this fee is subject to change, and individuals should refer to the latest information provided by Noble Gold for the most accurate details.

In addition to the annual fee, Noble Gold imposes a storage cost of $150. This fee covers the secure storage of precious metals in a trusted facility, ensuring their protection and safekeeping.

The storage cost is crucial for investors who store their physical assets with Noble Gold rather than opting for home delivery or other storage arrangements.

Additional custodial fees may apply, depending on the specific investment choices or services availed by investors.

These custodial fees can vary, and individuals should carefully review the terms and conditions or consult with Noble Gold representatives to understand the complete fee structure.

Noble Gold offers a range of investment minimums to accommodate clients with varying investment goals.

For those interested in their Survival Kits, the minimum investment required is $2,000. These kits provide a convenient option for individuals seeking to acquire a diversified selection of precious metals.

However, if investors wish to open a precious metals IRA with Noble Gold, the minimum investment required is $20,000.

Gold, silver, For those wishing to safeguard and build their retirement funds with tangible precious metals, IRAs provide additional benefits and tax advantages.

Noble Gold Ratings, Complaints, and Customer Reviews

Noble Gold’s reputation can be gauged by examining reputable sources’ ratings, complaints, and customer reviews. We will now summarize the feedback Noble Gold has received from reliable platforms such as Consumer Affairs, TrustLink, Business Consumer Alliance, and the Better Business Bureau (BBB).

Noble Gold has 158 reviews on Consumer Affairs and a 5-star rating. This positive rating is a testament to the satisfaction expressed by customers who have engaged with Noble Gold’s services and products.

TrustLink, another trusted source for consumer reviews, has also given Noble Gold an excellent rating of 5 out of 5 stars on 123 reviews. This high rating further highlights the positive experiences and trust placed in Noble Gold by its customers.

When considering Noble Gold’s standing with the Business Consumer Alliance (BCA), the company has achieved a double A rating based on 4,723 inquiries. This rating demonstrates the company’s commitment to ethical practices and customer satisfaction.

Based on customer reviews, the Better Business Bureau (BBB) provides an average rating of 4.8 out of 5 stars for Noble Gold. This favorable rating indicates the overall positive sentiment of individuals engaged with Noble Gold’s services and products.

Notably, the BBB and the BCA have recorded minimal complaints against Noble Gold. The limited number of complaints in the past three years reflects the company’s dedication to promptly addressing customer concerns and resolving any issues.

Noble Gold values its customers and strives to provide exceptional service and reliable investment options. The positive ratings and reviews across multiple platforms indicate that customers are genuinely satisfied with the company’s offerings.

Trustworthiness and Reliability

When evaluating the trustworthiness and reliability of Noble Gold, it is essential to consider both the positive aspects and potential drawbacks.

Let’s examine the pros and cons of Noble Gold, including its commitment to customer wealth, educational resources, available services, possession and purchase of physical metals, storage facilities, minimum investment requirements, and potential drawbacks.

PROs of Noble Gold

Commitment to Customer Wealth: Noble Gold’s management is dedicated to increasing customers’ wealth through their investment options. They strive to provide valuable opportunities for individuals to protect and grow their financial assets.

Educational Resources: Noble Gold offers a wealth of educational resources to its customers. They prioritize providing information and guidance to ensure investors make well-informed decisions regarding precious metals and investment strategies.

Available Services: Noble Gold offers various services to cater to multiple investment needs. In addition to their precious metals IRA accounts, they provide non-IRA accounts and options for the possession and purchase of physical gold, silver, platinum, and palladium.

Possession and Purchase of Physical Metals: One of the unique advantages of Noble Gold is their provision of physical metal possession and purchase. Investors have the opportunity to physically own and store their precious metals, which can offer a sense of security and control over their investments.

Storage Facilities: Noble Gold ensures the safe storage of precious metals through its secure Texas depository. This facility provides high security, protecting investors’ assets and offering peace of mind.

Minimum Investment Requirements: Noble Gold offers investment options with some of the lowest required minimum investments in the industry. This accessibility allows individuals with varying investment goals and budgets to participate in their offerings.

CONs of Noble Gold:

Limited Established Reputation: As Noble Gold began operating in 2016, it has a different established reputation than some competitors. While they have garnered positive customer feedback, the company’s shorter operating history may be a consideration for some investors.

Limited International Options: Noble Gold’s storage facilities are currently limited to North America, and storage within the United States can be more expensive than international options. This may be a drawback for individuals looking for storage facilities outside North America.

Lack of Online Resources for Coin Prices: One potential drawback is an online resource for coin prices on the Noble Gold website. This may require individuals to seek alternative sources for current coin prices and market information.

Is Noble Gold Legitimate?

Noble Gold is a legitimate precious metals provider and IRA custodian. Their legitimacy is supported by their commitment to customer wealth, extensive educational resources, diverse services, secure storage facilities, and positive customer reviews.

They prioritize increasing customers’ wealth and offer educational materials for informed decision-making. They provide flexible investment choices with options for precious metals IRA and non-IRA accounts, along with physical metal possession and purchase.

The company’s secure Texas depository ensures the safety of investors’ assets. Positive customer reviews from trusted sources further validate Noble Gold’s legitimacy as a reputable and trustworthy company.

Alternative to Noble Gold

Several alternative options exist for individuals considering investing in precious metals besides Noble Gold. Let’s explore some of these alternatives that offer similar services and opportunities in the precious metals market.

Augusta Precious Metals (Top Recommendation!)

Augusta Precious Metals is a notable alternative known for its trusted reputation in the industry. They provide services such as precious metals IRA accounts, educational resources, and a focus on customer satisfaction.

With their commitment to transparency and personalized guidance, Augusta Precious Metals offers a reliable option for individuals seeking to invest in precious metals.

Red Rock Secured

Red Rock Secured is another alternative worth considering. They are known for their attractive promotions and competitive offerings. Red Rock Secured specializes in precious metals IRAs and offers a range of investment options.

Their emphasis on customer service and educational resources ensures investors have the information to make informed decisions.

Birch Gold Group

Birch Gold Group is a reputable alternative that provides various precious metals investment opportunities, including IRAs and direct purchases of physical metals.

They strongly focus on customer service, offering personalized assistance and educational materials to help investors navigate the precious metals market.

American Hartford Gold

American Hartford Gold is recognized for its exceptional customer service and commitment to providing a seamless investment experience.

They offer a range of precious metals investment options, including IRAs, and prioritize customer satisfaction through dedicated support and educational resources.

Advantage Gold

Advantage Gold is an alternative that specializes in IRA rollovers into precious metals. They aim to simplify the process for investors looking to diversify their retirement portfolios.

Advantage Gold offers expertise in IRA rollovers and provides personalized guidance throughout the investment journey.

These alternatives to Noble Gold offer similar services and opportunities for individuals seeking to invest in precious metals.

Each option has its strengths, so evaluating and comparing them based on individual investment goals and preferences is essential.

Conclusion

Ultimately, Noble Gold has established itself as a legitimate and reputable provider in the precious metals industry. Their commitment to customer wealth, educational resources, range of services, secure storage facilities, and positive customer reviews from trusted platforms attest to their trustworthiness and reliability.

With competitive fees, transparent pricing, and options for physical metal possession, Noble Gold offers a comprehensive solution for individuals seeking to invest in precious metals.

While alternative options exist, such as Augusta Precious Metals, Red Rock Secured, Birch Gold Group, American Hartford Gold, and Advantage Gold, Noble Gold is trustworthy for investors looking to diversify their portfolios and safeguard their financial future.

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I hope you found this shport review on Noble Gold Investments to be helpful and that you now have a better understanding on if it´s legit. If you have used any of their services then please share your experience in the comment section below!

I wish you success!

Mark, founder of Gold IRA King

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