Are you considering investing in Capital Gold Group? You may be wondering if it is a wise investment. This blog post will look at the company and see how it measures up against other gold investments. We will also explore the pros and cons of investing in Capital Gold Group so that you can make an informed decision.
Capital Gold Group Review – Overview
Who is Capital Gold Group?
Capital Gold Group is a company that buys and sells gold. It was founded by Jonathan Rose in 2000 and became online in 2003. The company provides gold for investors to purchase.
Capital Gold Group is headquartered in Woodland Hills, California. However, its website is not currently accessible. According to BBB and LinkedIn, the company’s website is now located at goldira.com.
People are complaining that Capital Gold Group is bankrupt and ran away with its money. Another review has found that Capital Gold Group announced bankruptcy in 2019.
Capital Gold Group has rebranded and is now known as Gold IRA.
Precious Metals Storage and Delivery
When purchasing gold and other precious metals, the delivery time is usually 21 days. Investors may also choose to store their metals, and the company uses the storage services of the Delaware Depository. Prices for commingled storage start at $100, and prices for segregated storage start at $200.
What Makes Capital Gold Group Offer?
Capital Gold Group is a company that helps investors add gold or silver to their investment portfolio. CGG has specialists who deal with potential investors and help them set up an account.
These people are called experts. They help customers with their questions and account concerns. With this company, you can feel safe knowing that your precious metals are kept safely at a third-party depository. They also store precious metals as requested by clients, and the turnaround time is usually fast and reliable.
- Bullion Bars
- Bullion Coins
- Numismatic Coins
- Investment/Retirement Vehicles
Things To Like About Capital Gold Group
- User-Friendly Website
Capital Gold Group’s website is easy to use. You can find information about the company and what it does very easily. The website is simple but well-designed. This means that you can quickly find the information you need.
The website offers a helpful resources section. This section is beneficial to people who are new to the world of investing. They can learn about advanced terminologies on the site. This will help them get into the system easily and maximize their benefits over time.
- Highly Accredited by the BBB and BCA
Capital Gold has an A+ classification from the BBB (Better Business Bureau). The BCA (Business Consumer Alliance) has specified the company an AAA rating. These are the highest ratings that trustworthy authorities can give an investment company. This means that CGG is doing well with the products and services they offer their consumers.
Things NOT To Like About Capital Gold Group
Capital Gold may have some good features, but it also has some bad features. Before you invest with this company, you should consider these things:
- Inconsistency with the Level of Service Provided
Some clients were unhappy that their products took too long to arrive, even though they had already paid for them. The company’s slow shipment process can be a problem for people who don’t know a lot about investing because they might pay more and wait longer for their products.
- Issues with the Price and Resale Value
Some people who have bought products from Capital Gold Group are unhappy with how much money they got back when they sold the products. Gold that CGG bought was worth half of what the company had originally sold it to them for. This means that the company took at least a 30 to 50 percent premium from the wholesale price of gold.
- Questionable Buy-Back Policy
People who invest in gold usually sell it later on. However, CGG has a confusing and questionable buy-back policy, which makes it difficult for clients to sell their gold.
- Lack of Focus on IRA
Capital Gold Group is not only an investment company but also a company that does IRA rollovers. This can be trouble for some people who are looking for an investment company that focuses specifically on IRA rollovers. However, this also methods that the company is reliable and can be trusted to secure investors’ gold IRAs.
Capital Gold Group Gold IRA Account
Capital Gold Group offers a gold IRA account to investors. The company uses the services of an external custodian, Self Directed IRA Services, to manage the accounts. Although it can be an advantage to use an external custodian for IRA accounts, it can also be more expensive for investors due to the additional administrative fees that are charged.
If you want to transfer your IRA account from another financial institution into Capital Gold Group, it will take about 21 days. To do this, you will need to pay a $250 setup fee and an annual IRA administration fee of $60.
- Initial Setup Fees
- Annual Admin Fees
- Annual Storage Fees
- Minimum Purchase Amount
- Preferred Depository
Rankings, Complaints, and Customer Reviews
Capital Gold Group’s ratings and reviews are a mix of positive and negative. However, there are a few that are extremely concerning. They are as follows:
- BBB – A rating, not BBB accredited, five stars; 11 reviews
- BCA – AAA rating; 1 review
- RipOff Report – 10 reports
- TrustPilot – 3.2 rating; 11 reviews
- Trustlink – 4.5 rating; 206 reviews
- Yelp – 4.5 rating; 10 reviews
In 2006, Trevor Gerszt founded Goldco. His goal was to help clients grow their money safely and soundly so they could have a comfortable retirement and financial success. Goldco is a company that assists people with their retirement accounts. They help people roll over their investments into gold or silver. Goldco also buys gold and silver as an investment for people or for their collections.
Goldco has a good rating from the Better Business Bureau, and they got an A+. They also have a good rating from the Business Consumer Alliance. Goldco has received high ratings from clients on several review sites. All of this shows that they are reliable and trustworthy. This means that if you decide to invest with Goldco, you’ll get excellent service from a reliable company.
American Hartford Gold
American Hartford Gold helps people protect their wealth by buying precious metals. AHG is a company that is family-owned and provides this valuable service. These products include physical silver, gold, and platinum coins and bars. American Hartford Gold provides a lot of information about the precious metals market on its website and in its publications. It also has experts who can answer your questions about these products. This information is helpful for both new and experienced investors. The company wants to make sure that investors make good decisions without feeling pressured.
American Hartford Gold is a reliable company that provides good customer service. This is thanks, in part, to its celebrity spokesperson advertising campaign. The Better Business Bureau has given American Hartford Gold an A+ rating. Trustpilot customers have awarded the company 4.8 out of 5 stars. Reviewers praise the professionalism of American Hartford Gold’s staff and their patient education for first-time precious metal investors.
Augusta Precious Metals
Augusta Precious Metals is a company that specializes in selling gold and silver to private investors, especially for retirement funds. What makes Augusta different from other companies is that they educate their clients and build long-term relationships. This is different from the common way of doing things in the industry.
Augusta lets you diversify your wealth. You can use it to turn your cash savings into physical assets, like gold. This will help keep your money safe if the economy gets bad. An IRA is an account that permits you to save physical assets instead of paper-based currencies. Having Augusta Precious Metals as a resource for your retirement can give you peace of mind. People know Augusta as being a company that is trustworthy and reliable. This means that you can rely on Augusta to be there for you when you need them. This can help secure your future.
You don’t have to hang on to just one source of income. Augusta Precious Metals can help you spread your money around by investing in silver and gold. Augusta is a well-known and trusted company in the precious metals industry, so you can invest with confidence. Gold and silver accounts offer benefits that other types of investments do not have. For example, gold and silver will always have value even if the economy is bad.
The Capital Gold Group is one of the largest precious metals dealers in America. They specialize in providing investment portfolios to their customers, with gold being a significant focus for them. If you are searching for an experienced company that can help you build your portfolio and maximize your financial security, then look no further than this group!