Welcome to my "Is Silver Gold Bull USA A Scam?" review! Have you considered venturing into precious metals investments? To find out the answer to this question, please do read the whole article!
Precious metals are increasingly seen as a safe investment, in addition, gold IRAs offer a convenient way to invest in precious metals while enjoying tax benefits and flexibility. It has truly become a popular investment for folks who are looking to diversify their portfolios.
However, there are risks involved with any investment, and it is important to do your research before you invest in precious metals and IRAs. This includes learning about the company you are investing with, their ratings, and their customer support.
Chances are you came across Silver Gold Bull USA and you wanted to invest your hard earned money with them. However, like any responsible investor you wanted to make sure if they can be trusted or not.
Well, let's not delay things any further then. Come and join me as we get to know the company. Are they legit? Or is Silver Gold Bull USA a Scam? You will get to know the answer to this in the end of this read!
Silver Gold Bull USA Review Quick Summary
Name: Silver Gold Bull USA
Website: www.silvergoldbull.com/
Owners: Bobby Belandis
Price: Varies depending on your investment
Rating: 4/5
What is Silver Gold Bull USA?
Silver Gold Bull is a precious metal company operating in Calgary, Alberta. They started operating in 2009. Silver Gold Bull sells a wide variety of precious metals products and also offers a variety of services, such as storage, IRAs, and financing.
Silver Gold Bull has grown rapidly since its inception. In 2016, they were named one of the fastest-growing companies in Canada by the Financial Post. Their most significant accomplishment to date was being named the "Best Online Precious Metals Dealer" by the International Precious Metals Institute in 2017.
Silver Gold Bull offers up to minute market pricing. Furthermore, they also claim to have veteran traders that can help you with any questions you have in mind. They claim that their precious metals is obtained directly from reputable mints. These demonstrate to their investors how committed they are to their work.
Silver Gold Bull has a good reputation in the industry. They have excellent customer satisfaction because they are efficient and share their knowledge of precious metals with their clients.
Silver Gold Bull USA Products
Silver Gold Bull is a precious metals dealer that offers a wide variety of products, including gold, silver, platinum, copper, and collectibles. They claim to have a 100% authenticity guarantee and their prices are competitive in the market.
Here are some of the most popular products on their website:
- Gold: American Gold Buffalos, American Gold Eagles, Canadian Maple Leaf, Chinese Gold Pandas, British Gold Coins, African Gold Coins, Pre-1933 US Gold Coins, and Gold Bars
- Silver: American Silver Eagle, Mexican Silver Libertads, Canadian Silver Maple Leaf, Silver Philharmonics, British Silver Coins, U.S Silver Dollars, Perth Mint Silver Coins, , Silver Rounds, and Bars.
- Platinum: Platinum bars and coins, including Australian Lunar Series Coins and Austrian Philharmonics.
- Copper: Zombucks Copper and Copper bullets for target shooting and hunting.
- Collectibles: A variety of rare and collectible coins and bullion, including ancient coins, proof coins, and high-relief coins.
Silver Gold Bull's precious metals are high quality. They source their products from reputable mints and suppliers, and they have a 100% authenticity guarantee. Product wise, this company is an excellent option to pick.
Does Silver Gold Bull USA Have IRA?
Yes, Silver Gold Bull USA offers IRAs. They have various IRA services, meaning you can transfer your precious metal purchase in your self-directed IRA account. But this is given that you already have an account open with a custodian, since the company is not one.
The company has a wide selection of IRA approved gold & silver bullion. You pay the price as reflected in their website and they don't have any hidden fees or commissions.
All you have to do is follow these steps. First, you have to open an account with Silver Gold Bull USA and transfer funds into it. Second, find and order precious metals that you like into you IRA portfolio. Lastly, they say that they will take care of the rest.
The company will be the one to coordinate the storage of your precious metals at a safe and secure vault right in USA. But, you can also choose your preferred storage location, just make sure they are accredited and fully insured storage vaults to be safe.
How To Buy and Get Started?
Since Silver Gold Bull has a very user friendly website, purchasing precious metals from them is very easy.
First, you have to create an account with them. You can do this in their website, and be prepared to give out information about yourself. This will be used to identify you and to keep track of your transactions.
Once you are done with creating an account, you can now browse their catalogue and choose the precious metals you want. Silver Gold Bull has a filter feature in their website wherein you can narrow down your search. For example, you can filter by type of precious metal, weight, and price.
All products you choose will be added to cart, until you finalize purchasing them. If so, you can proceed to checkout where you can input your payment method and shipping details.
If you do not want to go through these processes yourself, you can call a Silver Gold Bull sales agent. In addition, if you want to set up an IRA with Silver Gold Bull, you can also call the sales team for step-by-step instructions.
Silver Gold Bull Prices and Fees
Generally, Silver Gold Bull product prices and fees depend on the amount you are purchasing. The current market price of the precious metal plus sales tax depending on your location is what you will only pay for.
However, Silver Gold Bull still has a substantial amount of premium in some of their products. The premium is typically around 2-5%, but it can be higher for some products.
Here is an example of the prices of some products as shown in their website as of August 28 2023:
- 1oz American Eagle Gold Coin Spot price: $1,917.18, Premium: $100.00, Total price: $2,017.18
- 1oz 2023 Buffalo Gold Coin Spot price: $1,917.18, Premium: $80.00, Total price: $2,007.18
- 1oz American Silver Eagle: Spot price: $24.32, Premium: $0.13, Total price: $24.45
Overall, Silver Gold Bull precious metals are not necessarily expensive. However, the premium that they charge on their products can add to the overall cost of your investment.
Silver Gold Bull USA Coupons
Silver Gold Bull often offers coupons to entice customers to make purchases and create accounts on their website. These coupons can be found on the Silver Gold Bull USA website, their social media accounts, email newsletters, or local newsletters.
There are four types of coupons:
- Percentage off: These coupons give you a percentage off of your purchase. For example, a 10% off coupon would save you 10% on your order.
- Flat rate discount: These coupons give you a flat rate discount off of your purchase. For example, a $50 off coupon would save you $50 on your order.
- Free shipping: These coupons give you free shipping on your order.
- Combo deals: These coupons offer a discount when you buy multiple items together. For example, a combo deal might offer a 10% discount when you buy a silver coin and a gold coin together.
To use a coupon, simply enter the code during your order checkout. The coupon will be automatically applied and you will enjoy your discount. Here some tips for finding and using Silver Gold Bull coupons:
- Subscribe to their email newsletter: This is the best way to stay up-to-date on the latest coupons and promotions.
- Follow them on social media: They often post coupons and promotions on their social media pages.
- Check their website regularly: They often add new coupons to their website.
- Use a coupon finder website: There are websites that track coupons from different retailers.
Accepted Payment Options
Silver Gold Bull accepts a variety of payment options to make it easy for your to transact with them. The following below are choices:
- Credit card: Silver Gold Bull accepts Visa, MasterCard, Discover, and JCB.
- Check: You can pay by check, but there is a 4-6 business day clearing period.
- Wire transfer: Wire transfers are a fast and secure way to pay for your order.
- PayPal: PayPal is a convenient and secure way to pay for your order.
- BitPay: BitPay allows you to pay with cryptocurrency.
- Cash: You can pay with cash at one of Silver Gold Bull USA's physical locations
Who Is The Owner of Silver Gold Bull USA?
Silver Gold Bull USA is owned by Silver Gold Bull Inc., a Canadian company founded in 2009 by Bobby Belandis. The company has a physical presence in Canada, the United States, and Australia.
The company's current CEO and President is Mihali Belandis, the son of Bobby Belandis. Mihali Belandis has over 20 years of experience in the precious metals industry.
Storage Facilities and Services
Silver Gold Bull USA understands that your precious metals are important to you. They are a representation of your hard work and financial security. That's why they partnered with Brink's Global Services, which provides the highest level of security for precious metals storage.
Silver Gold Bull USA, along with Brink's Global Services offers a unique option of storage solutions for those who want to store their precious metals in a secure and safe vault. The following are below:
Allocated: Your precious metals are stored in a specific allocated account and that the account is solely owned by you. can track the exact quantity and location of your metals.
Unallocated: Your precious metals are stored in a common pool of metals. You do not have the ability of tracking the location of your metals.
In addition, Silver Gold Bull USA has insured your precious metals with Lloyd's of London, which is a world-renowned insurance company. This means that you can be confident that your metals are protected in case of loss or damage.
Shipping Fees and Services
You can choose the type of shipping when you place orders with Silver Gold Bull USA. They usually ship your precious metals within 24 hours. You will receive a tracking number so you can track the progress of your shipment.
Silver Gold Bull USA offers free shipping on all orders over $199. For orders under $199, shipping is $9.95. They ship their products using UPS Ground or FedEx Ground. Shipping times vary depending on the location of the recipient.
For orders shipped using UPS Ground and FedEx Ground, shipping times typically take 3-5 business days. On orders shipped using UPS Next Day Air, shipping times typically take 1 business day. Lastly, orders shipped using USPS Priority Mail, shipping times typically take 2-3 business days.
Educational Materials and Services
Silver Gold Bull USA offers a variety of educational resources and materials that are free to access, regardless of whether you are a customer or not.
First, they have an extensive FAQ library where you can find answers to the most common questions about shipping, storage, IRAs, and products. You can easily search the FAQ section for quick answers to your questions.
Second, they have a dedicated education center on their website where you can find articles, papers, and guides on a variety of topics related to precious metals investing. These guides are a great way to learn the basics of precious metals investing.
Where Are They Located?
Silver Gold Bull USA's headquarters is located at 888 3 St SW 10th Floor West Tower Calgary, AB T2P 5C5, Canada. But, they also have offices all around the United States of America and also in other cities of Canada.
The following are Los Angeles, California, New York City, New York, Las Vegas, Nevada, Scottsdale, Arizona, Philadelphia, Pennsylvania, Fort Lauderdale, Florida, Vancouver, British Columbia, Toronto, Ontario, Winnipeg, Manitoba, Halifax, Nova Scotia.
Silver Gold Bull USA Customer Service
Silver Gold Bull has an excellent online reputation. They have received multiple positive reviews regarding their customer service and overall organizational performance.
Why? Well because company helps customers with their investments by educating them about different precious metals and investment opportunities. Their customer service and knowledge in the field make them a popular choice for new and experienced investors alike.
Customers can contact them via phone, email, or live chat. They are always happy to help and answer any questions that customers may have. Their representatives are said to be responsive and friendly.
In addition, their online platform is easy to use and incorporates a live market rating for all its products. This gives customers real-time information about the value of their current or potential investments.
Does Silver Gold Bull USA Have Buyback?
Yes, Silver Gold Bull USA does have a buyback program. You can sell your precious metals back to them at any time. The buyback price is determined by the current market price of the metals.
To sell your precious metals back to Silver Gold Bull USA, you can either call them or fill out an online form. They will send you a prepaid shipping label so you can ship your metals back to them. Once they receive your metals, they will pay you the buyback price.
The buyback price may be lower than the price you originally paid for the metals. This is because the price of precious metals can fluctuate over time. However, the buyback price is still a fair price for your metals.
What Is Their Return Policy?
Silver Gold Bull USA offers a 100% satisfaction guarantee. If you are not satisfied with your purchase, you can return it for a full refund.
To proceed with a return, contact their support team within 3 business days of delivery. You are responsible for the return shipping and insurance costs, as well as any applicable market loss.
Is Silver Gold Bull USA a Good Place To Buy Silver?
Silver Gold Bull USA has an extensive silver catalogue in their website. In fact, they have one of the widest silver selections in the industry. So, it would be safe to say that Yes, Silver Gold Bull USA is a good place to buy silver.
Their silver products have competitive prices. Plus, they offer free shipping on orders over $199, a very good deal to grab.
Company Pros and Cons
Pros
- Their website is easy to use.
- Wide variety of products available
- They offer free shipping for orders above $199.
- Secure checkout process
- Excellent educational services
- BBB Accredited Business
Cons
- They offer IRA services; however, they are not an IRA Specialist.
- Premium might be more for certain products
- Shipping times can get delayed
Silver Gold Bull USA Ratings and Reviews
If you have been following our website, you know that we always check how precious metals companies are rated by reputable experts.
In this article, we will see how Silver Gold Bull USA is rated and reviewed by two reputable websites. The ratings and reviews are updated as of August 2023:
Silver Gold Bull USA BBB Rating
The company has an A+ grade in their BBB profile and has been accredited since 2012. They have received a 4.13/5 star rating out of 3 reviews. Frankly, the company has very few reviews in BBB compared to the other leading competitors in the market.
Silver Gold Bull USA TrustPilot Rating
The company has an excellent grade in Trustpilot and is a verified company under the website. As of this time of writing, they have a 4.8/5 star rating out of 3865 reviews.
The reviews are generally positive, explaining the high rating. Customers have praised the Silver Gold Bull with its excellent services, but some also have complaints regarding the products.
Silver Gold Bull USA SiteJabber Rating
In their SiteJabber page, Silver Gold Bull USA received a 4.8/5 star rating out of 230 reviews. These ratings are based on customer reviews, which means that they are based on the experiences of real people who have used Silver Gold Bull USA's services.
Thus, it proves the excellence of products and services that the company provides. Nevertheless, it is always a good idea to do your own research before making a purchase from any company. Is Silver Gold Bull USA a scam?
Silver Gold Bull USA Customer Complaints
Although as you have read that Silver Gold Bull USA has an overall good reputation in the precious metals industry, complaints and dissatisfaction from customers are truly inevitable. As you can see below, here are some recent complaints from customers.
Silver Gold Bull USA has a good reputation overall, but some customers have complained about receiving damaged products, delayed or wrong shipping, and problems with resolving product concerns.
Here are some specific examples of customer complaints, A customer received a gold coin that was scratched and had fingerprints on it, A customer ordered a silver bar that was supposed to be delivered within 2 weeks, but it took 4 weeks to arrive. A customer tried to contact customer service about a problem with their order, but they never received a response.
It is important to note that these are just a few examples of customer complaints. There are many other customers who have had positive experiences with Silver Gold Bull USA.
Before you make a purchase from Silver Gold Bull USA, it is a good idea to read other reviews to get a more complete picture of the company. You can read reviews on Trustpilot, BBB, and other websites. Is Silver Gold Bull USA a scam?
Better Alternatives to Silver Gold Bull
Before you invest in precious metals, it is important to do your research and understand the risks involved. There are many reputable precious metals companies, but there are also some scams out there.
The following below is how Silver Gold Bull USA fares against major competitors like Money Metals Exchange, Goldco, and Augusta Precious Metals.
4.2/5 |
Products Gold, platinum, silver, and copper |
Services Buying, selling, storage |
Shipping Free shipping on orders over $199 Shipping fee depends on orders under under $199. |
4.6/5 |
Products Gold, platinum, silver, and copper |
Services Buying, selling, storage |
Shipping |
4.2/5 |
Products |
Services |
Shipping |
4.4/5 |
Products |
Services |
Shipping |
Is Silver Gold Bull USA a scam? well, you will know the answer in the following section, but what we would want to express is that there are other companies better than them.
Our top recommended precious metals company is Goldco. They offer a wider variety of products than Silver Gold Bull USA, including gold, silver, platinum, palladium, and rhodium. They also offer a wider range of services, such as IRA storage, lending, and buyback programs.
Final Verdict: Is Silver Gold Bull USA a Scam?
In conclusion, Silver Gold Bull is not a scam. It has been operating for a long time now. Furthermore, they have a good reputation and have been rated highly by several reputable websites.
However they don’t specialize in gold IRAs, in case that is the type of account you want to take advantage of tax benefits. This can be problematic if you are considering creating an IRA account.
So, whether or not Silver Gold Bull USA is worth investing for, depends on your individual goals. If you are not highly sold on this company, we have reviewed over 200+ companies and you can easily read them in our website.
However, if you are looking for a company who are experts in handling IRA accounts, then you should check out our most recommended precious metals company, Goldco.
Thank you so much for reading my "Is Silver Gold Bull USA A Scam?" review! If you have any comments or questions, feel free to leave them in the comments section.