Review of American Bullion – Better Business Bureau Reviews and More
Due to the growing concerns about today’s volatile economy many people are switching from risky financial assets such as currency and stocks to a more secure option: gold bullion.
In this American Bullion review we’ll be going over this gold investment company from Los Angeles, the services it offers, what people are saying about it, and whether or not they are a good choice for you.
American Bullion has all the standard services that you’d expect from a gold investment company. They help you:
- Set up your account
- Purchase IRS approved gold (and other precious metals)
- And also do gold IRA rollovers which can be handy if you have an existing IRA
- Store the gold somewhere safe
This dedication to the fundamental gold IRA services is American Bullion’s greatest strength but also its greatest weakness since they don’t really offer anything of value to differentiate themselves from their competition.
Now we come to one of the most important parts of this American Bullion review. Let’s take a moment to see what customers of the company are saying.
One person who enjoyed their customer service had this to say:
“Very knowledgable and honest about gold prices. Polite and patient as well. I will call them again if need be.” – terri.briggs.9
However, another customer had issues with their fees:
“During a more recent transaction, the price per ounce fees were 10 percent when the fees previously were 1 percent and quoted as same this time.
I felt that I had found a partner I could trust. It is shameful that a reputable company could succumb to greed to the degree that I am experiencing with this company.” – Mike E.
Speaking of their fees American Bullion has an online application which lists a large number of fees, including “annual account fees,” “annual asset holding fees,” “annual precious metal storage fees,” “processing fees” and other service fees including an “account termination” charge and various charges for distribution/withdrawal.
One look at the application and it is evident that you must read all the fine print, as they seem to lock you into very specific terms.
Moving on, this customer had a positive experience:
“I was impressed with American Bullion. They were helpful, not only with my personal account, but also with my wife’s and our friends. Their service and advice is excellent.” – Richard B.
Overall reviews of American Bullion seem to be a mixed bag. Some are positive, some are negative, and some are middle of the road. This has lead to mixed scores as well from various sources.
American Bullion is a good example of your average gold investment company that also does IRAs. They offer all the services that you’d need to get your IRA set up and invest in gold and other precious metals.
The main issue I have here is that American Bullion just doesn’t stand out from the crowd. There just doesn’t seem to be anything unique about them that would make you want to choose them over most other companies.
Their mixed bag reviews also seem fairly typical of the average gold investment company as well.
This brings me to my final verdict for this American Bullion Review:
Keep in mind that this isn’t a bad score, it’s simply average. Overall American Bullion is just your average gold investment company that doesn’t have any outstanding positive or negative qualities.
If you’re looking for an outstanding gold IRA company that has received rave reviews, my top recommendation would have to be Regal Assets.
Regal Assets is dedicated to helping you protect your savings from economic factors which could cause you to lose everything. They also have several unique services and features as well such as:
-Buys back products at spot price so you don’t get ripped off
-Has an industry leading flat fee and will even cover your first year expenses for you
-Assets are delivered via insured mail for smaller packages while larger shipments are delivered via Brinks armored delivery service and escorted by armed guards.
-Has a 7 day deliver policy on all gold, silver, and platinum so you have fast access to your assets
Right now Regal Assets is offering you a FREE gold investors kit to help you better understand how to protect your savings from being lost in today’s harsh economic environment.
Click Here to get your FREE gold investors kit.