Disclaimer: Bluehillresearch.com is a reader-supported site. We may earn a commission if you click on links and make a purchase.
Last Updated on March 29, 2023
In an uncertain economic climate, precious metals have long been viewed as a safe haven for investors looking to diversify their portfolios and protect their wealth.
One company that has gained prominence in this market is Noble Gold. This review will take an in-depth look at Noble Gold, exploring its various offerings, such as precious metals IRAs and collectible coins.
We’ll examine the pros and cons of the company, discuss fees and costs, and delve into the security of their gold storage facilities.
Finally, we’ll assess their legitimacy and offer a summary to help you determine if Noble Gold is the right choice for your investment needs.
Before we get started, if you’re looking for our top-rated precious metals IRA company of the year, we’ve picked Goldco as our top choice – you can learn more with their free gold kit below:
What is Noble Gold?
Noble Gold is a precious metals investment company founded by Charles Thorngren and Collin Plume.
Based in Pasadena, California, the company specializes in providing individuals with a range of services, including precious metals IRAs, Royal Survival Packs, and collectible coins.
With a strong focus on customer service, Noble Gold aims to help clients diversify their investment portfolios by offering a variety of precious metal products, such as gold, silver, platinum, and palladium.
Want to learn more about investing with Noble Gold? Get a free investing kit from them below:
Noble Gold Pros and Cons
- Experience and Expertise: The founders of Noble Gold have decades of combined experience in the precious metals industry, ensuring that they have the necessary knowledge to guide clients through the investment process.
- Transparent Pricing: Noble Gold offers transparent pricing on its website, allowing customers to make informed decisions about their investments. The company’s fees are competitive compared to other precious metals dealers.
- Variety of Products: Noble Gold provides a wide range of investment options, including precious metals IRAs, Royal Survival Packs, and collectible coins. This allows clients to diversify their portfolios according to their specific needs and interests.
- Secure Storage: Noble Gold offers secure storage options for clients’ precious metals, with depositories located in Texas and Delaware. The storage facilities are highly secure, and clients can rest assured that their investments are protected.
- Excellent Customer Service: The company is known for its attentive and knowledgeable customer service team, which ensures that clients receive personalized support throughout the investment process.
- Limited International Options: Noble Gold primarily serves clients within the United States, which may limit investment opportunities for international clients.
- No Numismatic Coins: Noble Gold focuses on bullion coins and bars, meaning that they do not offer numismatic coins for collectors or investors interested in this niche market.
Noble Gold Precious Metals IRA
A Precious Metals IRA (Individual Retirement Account) is a self-directed IRA that allows individuals to invest in physical precious metals like gold, silver, platinum, and palladium.
Noble Gold offers a seamless process for clients to open a Precious Metals IRA account and provides a range of high-quality, IRS-approved precious metal products for investment.
We’ll go into more detail about how their IRA process works below.
Noble Gold Royal Survival Pack
The Royal Survival Pack is a curated selection of precious metals designed to provide investors with a tangible, portable form of wealth during times of crisis or uncertainty.
Noble Gold’s Royal Survival Packs include gold and silver coins and bars in various denominations, allowing clients to choose a pack that best suits their needs and budget.
Collectible Coins and Other Precious Metals
In addition to IRAs and Royal Survival Packs, Noble Gold offers a variety of collectible coins and precious metal products. These include:
- Gold and Silver Bullion: Clients can purchase gold and silver bullion coins and bars in various weights and purities.
- Platinum and Palladium: For those interested in diversifying their portfolios further, Noble Gold also offers platinum and palladium products.
How the Noble Gold IRA Process Works
Opening a Precious Metals IRA with Noble Gold involves a straightforward process:
- Application: Clients begin by filling out an application form, which can be completed online or over the phone with the assistance of a Noble Gold representative.
- Rollover or Transfer: Clients can either roll over an existing IRA or transfer funds from a qualified retirement account, such as a 401(k), to their new Precious Metals IRA. Noble Gold’s team will guide clients through this process to ensure a smooth transition.
- Selecting Precious Metals: Once the IRA has been funded, clients can choose from a range of IRS-approved precious metals for their account. Noble Gold offers a variety of gold, silver, platinum, and palladium coins and bars to suit different investment preferences.
- Secure Storage: After the precious metals are purchased, they will be securely stored in one of Noble Gold’s approved depositories, either in Texas or Delaware. More about their storage below…
- Ongoing Management: Clients have full control over their Precious Metals IRA and can make additional contributions, buy or sell precious metals, or take distributions as required. Noble Gold’s team is available to assist with any questions or concerns throughout the life of the account.
Fees and Costs
Noble Gold offers competitive fees for its services, including:
- IRA Setup Fee: A one-time fee of $50 to set up the Precious Metals IRA.
- Storage Fee: An annual fee of $150 for secure storage of precious metals in one of Noble Gold’s approved depositories.
- Maintenance Fee: An annual fee of $80 to cover the administrative costs associated with maintaining the IRA account.
Is Their Gold Storage Secure and Safe?
Noble Gold partners with International Depository Services (IDS) to provide clients with secure and safe storage for their precious metals.
The company offers two depository locations: IDS Texas and IDS Delaware. These storage facilities are highly secure and are monitored 24/7 to ensure the safety of clients’ investments.
In addition, the precious metals are fully insured while in storage, providing an extra layer of protection for investors.
Should You Consider Investing in Precious Metals?
Investing in precious metals can be a wise decision for many investors, as they offer several benefits that can help diversify a portfolio and protect wealth. Here are some reasons to consider investing in precious metals:
- Diversification: Precious metals, such as gold and silver, tend to have a low correlation with traditional asset classes like stocks and bonds. This means that they often perform well when other investments struggle, providing a valuable hedge against market volatility and helping to reduce overall portfolio risk.
- Inflation Hedge: Precious metals have historically been considered a reliable hedge against inflation. As the value of fiat currencies decreases due to inflation, the value of precious metals typically increases, helping to preserve purchasing power over time.
- Safe Haven: During times of economic or geopolitical uncertainty, precious metals are often seen as a safe haven investment. Investors tend to flock to assets like gold and silver during crises, as they are perceived to hold their value better than more volatile assets such as stocks.
- Portfolio Performance: Including precious metals in your investment portfolio can potentially improve overall performance. Some studies have shown that portfolios containing a small allocation to precious metals tend to have higher risk-adjusted returns than those without any exposure to precious metals.
- Tangible Asset: Unlike stocks or bonds, which are primarily paper assets, precious metals are tangible assets that you can physically hold and store. This can provide a sense of security for some investors, as the value of their investment is not solely reliant on financial markets or the solvency of a particular company.
However, it’s important to note that investing in precious metals also comes with certain risks and considerations. For instance, the prices of precious metals can be volatile, and they may not always provide the desired level of protection during periods of market turbulence.
Additionally, precious metals do not generate income or dividends, which may not be ideal for investors seeking cash flow from their investments.
Bottom line: Investing in precious metals can be a valuable addition to a well-diversified portfolio, but it’s essential to carefully consider the potential risks and benefits before making a decision.
As with any investment, it’s crucial to consult with a financial advisor to ensure that precious metals are a suitable choice based on your individual financial goals and risk tolerance.
BBB Rating and Complaints
Noble Gold has an A+ rating with the Better Business Bureau (BBB), which reflects the company’s commitment to customer satisfaction and responsible business practices.
The company has also received numerous positive reviews from satisfied clients, highlighting its excellent customer service and transparent pricing.
Is Noble Gold Legit?
Noble Gold is a legitimate precious metals investment company with a solid reputation in the industry. The company’s founders have extensive experience and expertise in the field, and its offerings cater to a wide range of investor needs.
Noble Gold’s commitment to transparency, secure storage, and excellent customer service further cements its position as a trusted and reliable precious metals dealer.
In conclusion, Noble Gold is a reputable precious metals investment company that offers a variety of products and services, including Precious Metals IRAs, Royal Survival Packs, and collectible coins.
With its transparent pricing, secure storage facilities, and knowledgeable customer service team, the company provides a reliable and user-friendly experience for investors seeking to diversify their portfolios with precious metals.
While Noble Gold may not be suitable for international clients or those interested in numismatic coins, its overall offerings are well-rounded and cater to a diverse range of investment needs.
If you are considering investing in precious metals, Noble Gold is certainly worth considering as a trusted and experienced partner in your wealth preservation journey.