“The only certainty is that nothing is certain,” wrote Pliny the Elder. Though he lived close to 2,000 years ago, some quotes are timeless, universal truths.
We live in a time of absolute uncertainty.
No one can predict what the market will do. Inflation, though easing, is still remarkably high. The US dollar has all but ceased to exist. And some economists are predicting a recession while others think it’s already here.
But these don’t affect precious metals. In this Money Metals Exchange review, we’re going to illustrate why precious metals could be the last hope for retail investors.
What Happened?
Investing in metals such as gold or silver is something we’ve heard about our whole lives. But who actually does it? Many individuals and investors turn to precious metals as a way to diversify their portfolios and protect against inflation. Sites like https://westminstermint.com/ provide resources for those looking to buy, sell, or invest in gold, silver, and other metals, making it easier for everyday investors to get involved in this timeless investment approach.
Recently, the topic is once again gaining traction. What started this revival? A few things:
- High-interest rates – In October 2022, the Federal Reserve approved a fourth consecutive 0.75-point interest rate spike–the highest level since 2008–to combat inflation.
- Inflation still high – Inflation peaked in June 2022 at 9.1%. Fortunately, it’s not close to that now but it is still increasing at a rate of 0.5%.
- Predicted recession – The National Association for Business Economics (NABE) survey reports that over half of survey takers believe a recession will occur in the next 12 months. Bloomberg Economics reported that the chance of a recession in the next year is 100%.
Additionally, the US dollar is fickle. Many experts predicted it would have crashed by now.
Robert Kiyosaki, the uber-famous author of Rich Dad Poor Dad, is one of those. His advice? Invest in gold and silver.
“Savers will be the biggest losers,” he hotels. “Invest in real money–gold and silver.”
And Money Metals Exchange may be the perfect place to do so.
What is Money Metals Exchange?
Money Metals Exchange is a precious metals dealer offering a variety of bullion products for investors looking to diversify their portfolios.
The company was founded in 2010 and has become one of the leading online dealers of gold, silver, platinum and palladium.
Money Metals Exchange Review
One of the biggest advantages of Money Metals Exchange is its wide range of products.
The company offers a variety of bullion products including bars, coins and rounds from top mints such as the Royal Canadian Mint, the U.S. Mint and the Perth Mint.
Additionally, they carry a variety of different weights and purity levels to meet the demands of investors with different goals.
Another benefit of Money Metals Exchange is its competitive pricing.
It offers low prices on all of its products and they claim to have lower premiums than competitors, such as Augusta Precious Metals. The prices are updated in real-time, which is particularly useful for those who want to make quick decisions on their investments.
Money Metals Exchange also has a strong focus on customer service.
The team is available to answer any questions or concerns that investors may have. The dealers are trained to provide expert advice on precious metals investments and can help investors navigate the complex world of bullion investing.
How Money Metals Exchange Stands Out
One thing that sets Money Metals Exchange apart from other precious metals dealers like APMEX is its commitment to education.
They offer a variety of resources such as videos, articles and podcasts to help investors learn about precious metals trading. These resources are particularly helpful for investors who are new to the bullion market.
Money Metals Exchange also offers a “Buy-Back Program”. This program allows customers to sell their precious metals back to the company at a fair price so investors can quickly liquidate their holdings when necessary.
Additionally, the company offers a “Price Shield” policy that allows customers to lock in a particular price for their bullion purchases for up to thirty days. This protects customers from the fluctuating prices of the metals market.
Potential Flaws
The only potential downside to Money Metals Exchange is the fact that they focus mainly on bullion products. The company does not provide collectors’ coins or numismatic items. This focus on bullion may not appeal to investors who are looking for unique or rare pieces to add to their collections.
Another potential issue is that Money Metals Exchange does not accept credit card payments for bullion purchases. This may be an inconvenience for some investors who prefer to use credit cards for their purchases.
The Bottom Line
Flaws aside, Money Metals Exchange is a reputable and reliable precious metals dealer that offers competitive pricing, excellent customer service and a wide range of bullion products.
Their commitment to education and their “Buy-Back Program” make them an attractive option for investors who want to add precious metals to their portfolios.
While they may not offer collectors’ coins, their focus on bullion products makes them an excellent choice for investors looking to protect their wealth with a physical asset.
