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USAGOLD is one of the most highly rated gold companies in the United States today. As a well-respected firm, it is acclaimed for its optimal-quality reputation and business practices.
With its superb record of trustworthiness and ultimate professional reliability, USAGOLD has earned excellent reviews without a single complaint throughout the company’s 50-plus years in business.
USAGold is proud to continue attracting investors who desire high levels of reliability and superior market insight. Company officers and staff members focus on providing guidance that aligns seamlessly with the customer’s specific investing preferences and needs.
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Table of Contents
Brief Company History of USAGoldManagement Team at USAGOLDUSAGold Storage and CustodiansUSAGOLD Products and ServicesHow to Set Up a Gold IRA or 401(k) Rollover with USAGOLD
USAGOLD Online ReviewsShould You Invest in Gold and Silver with USAGOLD?How to Buy Gold with USAGOLDHow to Choose a Gold Company for InvestmentConclusion
Brief Company History of USAGold
USAGOLD has grown from modest beginnings in 1973 to a nationally known and respected precious metals firm and online presence. The company was founded by Michael Kosares during the months after President Richard Nixon ended the Bretton Woods system.
This action initiated the era of fiat money, significantly raising the value of gold as a currency hedge in investment portfolios.
During succeeding years, the company expanded from Denver-based over-the-counter precious metals and fine art outlet. It transitioned rapidly into an investment firm, Centennial Precious Metals, which was strongly client-focused. USAGOLD soon became a regional center for investors seeking gold and silver assets.
In 1997, Centennial Precious Metals gained the distinction of being among the initial precious metals brokerages on the internet.
This led to the company’s ownership of the highly valued URL of USAGOLD.com. Subsequently, Centennial rebranded as USAGOLD and attained domestic and global prominence.
In 2002, Jonathan Kosares, Michael’s son, joined the firm. He had recently graduated cum laude with a degree in finance from the University of Notre Dame.
This gave USAGOLD the status of a successful family-owned business that was "multi-generationally" operated.
USAGOLD is currently a vanguard company with and major presence, with nearly 50 years in the gold industry.
The firm maintains an elite, highly active website with the latest advanced technology for analysis and commentary, live market pricing, charts, educational content, and more. Thousands of investors benefit from using this website.
Management Team at USAGOLD
USAGold was founded in 1973 by Michael J. Kosares, the gold expert and author. In 1996, Kosares published The ABCs of Gold Investing – How To Protect and Build Your Wealth with Gold.
The first of three editions in multiple language translations, this book informed thousands of readers about the value and process of owning this precious metal as a private investor.
USAGold Storage and Custodians
To ensure safe, secure depository storage plans, USAGold partners with the globally acclaimed Delaware Depository. This depository offers storage options in Wilmington, Delaware, and Seal Beach, California.
These ultimate-quality depository facilities provide segregated or non-segregated gold storage choices.
Both facilities are well-insured through Lloyd’s of London, one of the longest-standing international insurance companies.
USAGOLD Products and Services
The USAGOLD inventory includes IRA-approved gold and silver bars and coins. Additional products are historic U.S. gold coins, historic fractional gold coins, and varied collectibles.
Available selections among the IRA-eligible products are the American Gold Eagle, American Gold Buffalo, Canadian Gold Maple Leaf, Gold Austrian Philharmonic, and Gold Australian Kangaroo.
Silver inventory products currently available include the Silver Canadian Maple Leaf, American Silver Eagle, and Silver Austrian Philharmonic. At present, there are no palladium or platinum investments available in the USAGOLD inventory.
For the customer’s convenience, USAGOLD has established an Order Desk on the firm’s website. This portal is password-protected and enables clients to purchase gold and silver investment assets at any time, day or night.
How to Set Up a Gold IRA or 401(k) Rollover with USAGOLD
Establishing a precious metals IRA or 401(k) with USAGOLD is neither costly nor time-consuming. A friendly, knowledgeable staff member can help you complete the forms to open your account.
You can set up an account online or by phone, as you like. The following questions and answers provide basic details of establishing your account:
Self-directed plans enable you to make your own investment choices and decisions while adding available options for investing. These options include precious metals.
These qualifying plans include a 401(k), 401(a), 403(b), 457, Thrift Savings Plan (TSP), and annuities.
“Gold is a good place to put money these days given its value as a currency outside of the policies conducted by governments.”
Owning gold within or outside of a retirement plan is a good investment today.
This is due to the unique circumstances that apply to owning precious metals: storage, insurance, and custodial needs.
In general, any client who is making retirement plans and desires to buy precious metals in physical form (coins, bullion), is required to open a new account. This account must have a trustee that permits self-directed retirement plans.
The client can then make a transfer of funds from their existing trustee to a new trustee that permits such specialized transactions.
USAGOLD Online Reviews
USAGOLD has received many positive online reviews. For example, a satisfied client posted a review on the Better Business Bureau website stating that everyone at USAGOLD has been extremely helpful to him.
The client was pleased to have been able to work over several years with his initial contact at this gold firm. He says that it has been instructive, profitable and a true pleasure to invest with USAGOLD for 16 years.
The BBB website currently shows all positive reviews of USAGOLD. An average rating among 15 reviewers is 5 out of 5 Stars.
Pros
Cons
Should You Invest in Gold and Silver with USAGOLD?
Throughout its long history of top performance, USAGOLD has consistently attracted a specific quality of investors: those who seek high levels of trustworthiness, reliability, and market insight.
This leading gold firm offers a top-caliber professional approach for the expert guidance of individual clients in making profitable precious metals investments.
Satisfied customers report excellent service from their initial contact with the firm through the final delivery of their investment products. This company values and addresses the customer’s best interests above all else.
No high-pressure tactics or strategies are ever used in client relations and investment transactions. There is very little turnover in the staff of USAGOLD. Members of the “back office” staff have been with the company for many years.
They are well-experienced in providing both new and existing clients with excellent services. This firm’s product fulfillment record is at the top of the industry, and the staff gives equal time to all clients’ needs.
You will find all aspects of the diverse services offered by USAGOLD to be top-grade. From the initiation of your order through the careful shipment, tracking, and delivery of your products, the staff will ensure smooth, optimal services.
If you have questions at any stage of your investment process, a staff member can assist you will a full, well-informed answer to your query.
How to Buy Gold with USAGOLD
Buying gold is a fairly simple process when you follow these easy steps:
1. Know What You Want from Gold.
By gaining a good understanding of what performance you desire from gold or silver as a portfolio investment, you can make the best choices for buying physical gold or silver products.
If you want to hold gold investments in your IRA or roll over from your current 401(k) when buying these precious metals, the experts at USAGOLD are ready to assist you.
2. Determine the Amount of Gold or Silver to Invest.
After obtaining advice from this firm’s experts, decide the percentage of your portfolio to be gold and silver coins or bullion.
Many conventional investors who have optimistic market views devote at least 10 percent of their investment portfolios to gold or silver. USAGOLD experts recommend holding from 10 to 30 percent of investments in these precious metals in your portfolio.
3. Align Portfolio Choices with Your Objectives.
The overall volume of USAGOLD investment offerings is nearly evenly divided between contemporary gold bullion coins and historical gold coins.
Each type plays an essential role for investors. The leading professionals at USAGOLD can guide you to making the ideal choices.
How to Choose a Gold Company for Investment
Some simple guidelines for helping you select the best gold and silver company for your investment objectives and ultimate goals include the following:
ConclusionUSAGOLD is among the oldest precious metals investment companies in the industry today. Founded in 1973 with headquarters in Denver, Colorado, this firm offers ultimate-quality gold and silver coins and bullion.
These coins include historic fractional gold coins, historic U.S. gold coins, and varied collectibles.
The expert professionals at this gold firm are always pleased to provide you with information and advice concerning investing in physical gold and silver projects.
USAGOLD is an ok company, but we do not recommend them. They aren't a scam, but they are not the best choice for gold investments and certainly not IRA's, like other companies we have written about on this website.
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