gold

JM Bullion Reviews

JM Bullion Reviews

BBB: Rating of A- with 26 complaints closed with BBB in last 3 years | 26 closed in last 12 months

Location : Lancaster, PA
Business Established : September 2011
BBB Accredited : Yes
BBB Rating : A-
Metals Offered : Gold, Silver, Platinum
Brands Offered : PAMP Suisse, Credit Suisse, NTR, Sunshine, GSM, Royal Canadian Mint, United States Mint, Perth Mint, OPM, Johnson Matthey, Engelhard, Austrian Mint, Rand.

JM Bullion BBB Rating Lancaster PA.

TrustLink:tl_2stars_lg based on 136 Reviews

TrustLink.org Review for JM Bullion

Since 2011, JM Bullion is an online retailer of gold and silver products, from bars to rounds to coins. We deal exclusively in physical bullion, selling gold or silver that is delivered directly to your door.

Quality products are one of our top priorities. JM Bullion works directly with mints and distributors, and we inspect all new inventory carefully, ensuring that the products our customers receive are of the highest quality. Our coins come direct from the mint, in brand new, sealed tubes, and the majority of our bar and round products are indicated as “brand new” on their product pages, meaning they ship sealed in plastic and fresh from the mint.

JM Bullion is located in the United States, in Lancaster, PA. We have proper and full accreditation from the state, federal government, and distributors alike. As a fully licensed and attributed company, you can take peace of mind knowing that you are dealing with a credible company who values your safety and security just as much as you.

Our customer service has been and will continue to be a priority. Should you have a question about prospective orders, orders in processing, or completed orders, simply contact our phone support, live chat support, or email support for a prompt response. We are always willing and able to assist you with an existing order or to answer any questions that you may have.

To get in touch, visit our Contact page, use our Live Chat, or call us at 800-276-6508. Though most customers place their orders online, we accept orders over the phone as well. Do not hesitate to contact us with any questions, comments, or anything else you might need assistance with. Thank you for visiting and we look forward to helping you and providing you with the most pleasant bullion buying experience possible.

JM Bullion info

While JM Bullion has been in business for a long time, the number of BBB complaints and their overall TrustLink rating did raise some flags. If you’re considering buying gold coins or investing in a precious metals IRA check out our list of Gold IRA companies. We’ve compiled reviews from multiple sources and list the top companies online as well as one company in particular that did stand out among all the gold brokers. Go there now.

Who is manipulating the price of gold?

On Friday 18 October at 8:42 am (UTC-05), a colossal amount of gold futures sell orders inundated the Chicago Mercantile Exchange (CME), plunging gold prices by $25 in two minutes. Five thousand contracts “at the market” (available market price) were suddenly sold, paralyzing the market as trading was halted for 10 seconds. Reports indicate that 2,700 contracts were sold before the market paused; the remaining 2,300 sell orders were executed after trading resumed.

Whoever dumped the sell orders sold $640 million of gold in one fell swoop. Market liquidity evaporated as these sell orders in effect performed as one coordinated assault on the prevailing price. Traders were adamant about the folly of placing such a sell order because, as iiTrader CEO Rich Ilczyszyn said, “The offset price could not (be) estimated.” Typically, traders coordinate sell orders for maximum returns. Whoever dumped these gold futures intentionally wanted lower gold prices.

A similar situation occurred 12 September at 2:54 am (UTC-05), when trading was halted and gold prices plunged. What is notable about the timing of yesterday’s sell orders is that they were seemingly made to guarantee maximum visibility.

Gold has languished at three-month lows despite the federal government shutdown and its looming debt default. This trend bucks expectations of gold’s market placement, as investors usually view precious metals as a haven during times of economic uncertainty. Moreover, China has imported over 2,000 tons of gold during the past two years. According to Wikileaks, the People’s Bank of China (PBOC) – China’s equivalent of the Federal Reserve – is intent upon backing the renminbi with gold and usurping the U.S. dollar as a reserve currency.

This latest market event is another windfall for China, who has purchased gold in amounts exceeding its robust demand for 2012. GoldCore.com estimates that China will amass at least 1,700 tons of gold for 2013, which includes all its domestic production of approximately 300 tons.

Yet market disinformation abounds. For example, the International Monetary Fund (IMF) officially pegs China’s gold holdings at just 1.3% of total world reserves. However, zerohedge.com estimates China’s gold holdings are approximately over 3,500 tons, ranking them second behind the U.S. and ahead of Germany. Even more telling is that China increases its gold reserves by 100 tons every month.

Why this massive amount of gold futures sell orders “at the market” deserves scrutiny is because it flies in the face of long-accepted market practices and thinking. For example, savvy investors don’t take huge future contract positions. As goldquarterly.com states, “Generally investors will buy gold futures when they believe that gold prices will rise while they can sell gold futures when they think that gold prices will fall, creating a short position.” The sudden onslaught of $640 million in gold futures sell orders guarantees a precipitous drop in gold prices. The market player who committed these sell orders (mysteriously, nobody seems to know who it was) appeared to make a clumsy, amateurish market blunder. It seems safe to assume that there must have been an ulterior motive.

As Taylor Durden noted in ‘Harvey Organ’s Daily Gold & Silver Report,’ a few hours before the mysterious sell-off on October 18, “Nanex found ‘six instances (there may be more) of 1 second periods in Gold futures with a high number of trades (700 or more).’ As those who have been covering our coverage of HFT (High Frequency Trading) manipulation will note, these are precisely the kinds of momentum ignition, and not rational price discovery, events that seek to manipulate prevailing prices lower (or higher).’

So who benefits besides China from the drop in gold prices? With investors scrambling to find investment vehicles that maximize returns, equities markets are obvious beneficiaries from the downturn in gold. The Federal Reserve is another beneficiary; lower gold prices have the effect of maintaining investor faith in the fiat dollar. Wall Street and central banks need to demonstrate to investors that the Quantitative Easing policies of creating billions of dollars from the ether have no blowback on gold prices. Hence, it is in their interest to manipulate the market price of gold.

Make no mistake that gold prices are being suppressed through market manipulation. It is a coordinated effort done in order to bolster faith in the U.S. dollar. How long this slight-of-hand act can continue is anyone’s guess. It runs counter to centuries of proven market dynamics. Ultimately, this market legerdemain will be exposed as an act of collusion between the Fed and Wall Street. One day the rest of the world will tire of shouldering America’s trade imbalance, rejecting the greenback for an alternative reserve currency backed by tangible value, e.g., gold.

China is already in the process of “de-Americanizing” the dollar as a reserve currency, as its binge of purchasing gold proves. Fortunately, the individual investor can similarly protect his wealth by amassing his own personal reserve of gold, transitioning from paper financial instruments that at the very least systemically lose value through constant inflation. Gold will also insulate against any sudden currency devaluation, which seems inevitable if the history of fiat currencies is a guide. So, don’t be misled by short-term market chicanery. Choose gold as an investment of intrinsic value that will retain wealth over the long haul.

Resources used for this article:

http://harveyorgan.blogspot.com/2013/10/oct-15ddebt-ceiling-agreement-falls.html

http://www.gata.org/node/13118

http://www.resourceinvestor.com/2013/10/15/gold-price-suppression-theory-mainstream-after-sin

http://goldquarterly.com/guide/investing-gold-commodities-and-futures

IRA Investing in Gold: A Look at the IRA

As a casual investor, you may not know what to make of all the news regarding gold investing. One analyst says it’s time to sell while another says this is the best time to buy. Some are screaming, “go short!”; others are screaming, “go long!” So what do we recommend?

We recommend that you relax and look at a gold IRA. All of that other talk is for institutional and professional investors who buy and sell in large quantities every day. They are the ones worried about daily losses and gains. As a casual investor, your focus is on the long haul.

The long haul is what the gold IRA is all about. It is an investment vehicle designed to generate income for your retirement years which, if you have been doing your homework, should still be quite a ways off. If you are 50 and have not yet started investing, you need to think about other things.

How It Works

A gold IRA is fundamentally no different from a cash IRA except that you are purchasing gold rather than paper securities. With your current cash IRA, you might own stock in a handful of companies, so many shares of a mutual fund, and even some bonds and other types of securities. Nevertheless, in reality they are just pieces of paper that represent cash value.

A gold IRA is different inasmuch as gold is tangible. When your IRA custodian invests on your behalf, he is actually purchasing a product you can hold in your hands. Granted, he will not be sending you gold coins or bullion in the mail, but you will own real, tangible gold. You will have two choices:

Physical Gold – The first option is to purchase physical gold, which will be held in reserve, on your behalf, at one of the federal government’s storage facilities. When you reach retirement age that gold will be shipped directly to you by your custodian.
Gold Certificate – The second option is to purchase gold from a company rather than the government. In this case, you are issued a certificate that sets aside a certain amount of that company’s gold for you. The company will send you the physical gold when you reach retirement age.
Transfer or Rollover

In order to set up a gold IRA using your current cash IRA, you will need to either conduct a transfer or a rollover. A transfer is the quickest and easiest way to get it done.

When you transfer a cash IRA you are telling your current custodian to liquidate your investments and send a check to your new gold custodian. That custodian then takes your funds and uses them to purchase gold. No money ever passes directly through your hands.

As for a rollover, it works the same as any other IRA rollover. You cash out your account, receive a check from your custodian, then turn around and send that money to your new gold custodian for reinvestment. However, you must reinvest within the government’s 60-day window or face pretty stiff penalties and fees.

Steady As She Goes

The key to making the gold IRA work for you is to adopt a “steady as she goes” mentality. In other words, do not get caught up in all of the short-term hype. Despite the losses gold has suffered this year, they are the first losses in more than 12 years. What’s more, gold historically increases in value over the long haul.

You can become a gold investor today by rolling over your cash IRA into a new gold IRA. A gold investment is a great way to add stability to your retirement fund that will allow you to enjoy the lifestyle you want during those golden years. Call us today to get started.

Five Reasons a Gold IRA Makes Sense

As an investor, there are plenty of options you can choose from to build a portfolio for your retirement years. One of those options is a gold IRA. Thanks to changes in the law back in 1997, you can now open a gold-backed IRA and enjoy the tax benefits derived from it.

The question many investors are asking is whether a gold IRA makes sense or not in the current environment. We believe it does. To make our case, we present you these five reasons:

#1 – Gold Is a Stable

The number one rule of any investment is that it needs to be looked at through eyes focused on the long-term. Even when trading something as volatile as currencies, a Forex trader only makes a healthy profit when strategies are based on long-term growth.

To that end, gold is incredibly stable. While there are price fluctuations depending on market conditions, gold has historically increased in value year after year. There are few other investments able to match the performance of gold. In the event of the collapse of securities and other similar investments, gold will still be valuable.

#2 – Gold Is Tangible

Do you remember the dot-com crash of the 1990s? If so, you know there were plenty of paper millionaires who became real paupers overnight. These individuals were victimized by the fact that their assumed wealth was only on paper. Once their businesses were worthless, their wealth disappeared.

Gold is advantageous because it is a tangible investment rather than a paper one. When you have physical gold in your hand, it doesn’t matter what happens to the stock market. Your gold can be converted to cash any time you like.

#3 – Gold Is in Demand

You might not be aware of this, but gold is in high demand among the world’s central banks. At no other time in history have we seen the central banks buy up gold as rapidly as they are doing right now. So why would they want gold? Because they are concerned, the U.S. dollar will collapse and, as a result, no longer be regarded as the reserve currency. Any country whose money supply is tied to the U.S. dollar will suffer if they do not have the backing of something like gold.

#4 – Gold Is a Hedge

The second rule of investing is that you never put all of your financial resources into a single vehicle. That’s even true of gold. Nonetheless, gold has historically been a hedge against losses incurred through other investments. For example, you might lose 10% on the stock market this year. Gold will likely make up for those losses as its value continues to climb.

#5 – Experienced Investors Are Buying up Gold

It has been said that in order to be a successful investor you need to start doing the things already successful investors are doing. Guess what they’re doing. Buying up gold. The world’s wealthy investors are spending millions of dollars every year accumulating gold for their own portfolios. If they are doing so, there must be some value in it.

klarman buy gold

The five reasons we have listed here should make it clear that a gold IRA does indeed make sense. Investing in gold is a great way to add both stability and profitability to your portfolio. We encourage you to contact a gold IRA custodian to learn more about gold investing. It may be the wisest financial decision you have ever made.

Is the Gold Standard the Wave of the Future?

Throughout the last century, world governments systematically got rid of the gold standard that backed their currencies. The U.S. government did it in the 1970s under President Richard Nixon. But now some economists are saying a new gold standard is the wave of the future. If they are right, it is yet one more reason to consider gold investing.

Thanks to federal legislation passed in the 1990s, the average American can open a gold backed IRA as an investment for their retirement years. Many investors now use gold to round out their portfolios with added stability. If the U.S. were to return to a gold standard, a gold IRA would be even better.

Benefits of a Gold Standard

The benefits of a gold standard are widely accepted by economists of all stripes. When currency is tied to gold using a standard measurement, it takes away the ability of a government to manipulate an economy by manipulating the money supply. It works because the standard defines how much money a government can mint. This allows free markets to determine the course of an economy.

If the world were to return to a gold standard, one of the likely results would be an immediate rise in the price of gold. This rise would eventually level off, but it would mean immediate profitability for investors who already have gold in their portfolios. If economists predicting a new gold standard are correct, now is the time to begin investing in a gold IRA.

Disadvantages of a Gold Standard

The disadvantages of a gold standard are, largely, only applicable to government. A good way to understand this is to understand why the gold standard was abolished in the first place. When our government did so it was a decision based on the Nixon administration’s desire to control money supply and, thus, control the direction of the economy. The gold standard is a disadvantage inasmuch as it takes economic control away from government.

Assuming the predictions of a new gold standard never come to fruition, the value of gold will still be impacted. How so? It will be impacted by what happens to the U.S. dollar in relation to it being the world’s reserve currency.

Right now China is buying up gold like never before in anticipation of the U.S. dollar no longer being accepted as the world’s reserve currency. When that happens – and it may be within the next decade – China is hoping that its currency becomes the new reserve. Accumulating gold in anticipation of that possibility is China’s way of increasing gold’s value for the benefit of the Chinese economy.

countries buying up gold

Whether you agree with the Chinese are not, their strategy is a very sound one. It is a strategy that clearly illustrates gold investing is a wise idea for not only governments and central banks, but also for individual investors as well.

Whether a new gold standard is the wave of the future or not, a gold IRA is one of the safest investments you can make in your future. What’s more, it is fairly easy to do. You can start a new gold IRA by working with a custodian and making your first contribution in cash.

Another option is to use an existing IRA to fund your new gold IRA. This is accomplished through either a gold IRA rollover or transfer. Your current IRA custodian can explain to you how it all works. Either way, you can rest assured that gold investing is smart investing.

Why Invest in Gold?

Why Invest In Gold?
Receive a FREE Gold Investors Kit or visit Regal Assets
Gold is becoming increasingly popular with INVESTORS and COUNTRIES here are the top 3 reasons why:

1. Paper Currencies Fail
2. Countries Are Buying Gold
3. Billionaires Are Buying Gold

Receive a FREE Gold Investors Kit or visit Regal Assets

The value of gold has and will continue to rise. A good example is if you invested $33,000 worth of physical gold in a Gold IRA back in 2004, that same amount of gold would now be worth $129,551.12. That is over a 300% increase in your initial investment, if you ask me that’s HUGE! The good news is, there is never a bad time to invest in gold or any precious metal. In 10 years from now, you will see similar results with your investments.

Real Time Gold Prices























What You Might Not Know about the Gold Standard

If you were born prior to the 1970s, you were likely taught in school that U.S. currency is based on something known as the “gold standard.” And though there are plenty of people who still mistakenly believe that today, the idea of the gold standard is one that has a great impact on national economies because of its implications where currencies are concerned.

Perhaps you are considering investing in gold yourself. Maybe you have the opportunity to convert your IRA to gold or make some direct purchases with cash you have sitting in a savings account. If so, there are some things about the gold standard you might be interested to know.

Three Primary Gold Standards

Exactly what is a “gold standard?” It is a way of measuring the value of currency by tying it to gold. There are three primary types of standards that have been used throughout history:

  • Specie Standard – The gold specie standard is the one the United States based its currency on beginning in the 1870s. In values gold based on the total amount of gold coins in circulation at any given time. A currency based on this standard ties its value directly to the gold that backs it.
  • Exchange Standard – This standard is used by countries that do not have excessive amounts of gold in circulation. Instead, they might use silver or another precious metal with lesser value. This standard is based on the exchange rate between gold and the metals used for currencies.
  • Bullion Standard – The bullion standard is the least popular because it sets the value of gold bullion at a set price. The British used the bullion standard beginning in the 1920s, only to discover that foreign interests were taking advantage of this fixed rate and buying up large quantities of gold from the UK.

gold ira regal assets

The Current Economic Reality

The average investor has heard plenty of claims that gold is the best investment. The whole idea of the gold standard is the very reason why those claims are true. To understand this you must accept the fact that U.S. currency is no longer based on any gold standard.

Both the UK and the U.S. abandoned the gold standard years ago because they did not like its restrictions. When currency is tied to a gold standard, the value of the gold determines the value of cash. A gold standard does not give the government very much flexibility because they can only print money that is backed up by gold.

Here in the U.S. our government learned they could control the economy simply by controlling the money supply. If the powers that be decide the economy needs more stimulation, they will simply print more money and hold down interest rates. If the economy is moving along too fast, shrinking the money supply is the solution. In this way, the government gets to control economic growth for its own purposes.

When you invest in gold, you are bypassing that government interference. The value of gold is determined based on the time-tested principle of supply and demand. The more gold is in demand, the higher the price will go. That suggests the decision to convert your IRA to gold is a wise one.

You can convert your IRA to gold by getting in touch with an IRA custodian that deals in precious metals. It is easy to transfer a current IRA to a new gold IRA or to rollover from your old account to your new one. If you would like help getting this done, please don’t hesitate to contact us.

Goldline Company Reviews

Goldline International Reviews

http://www.goldline.com

BBB: Rating of C+; 60 complaints closed with BBB in last 3 years | 5 closed in last 12 months

http://www.la.bbb.org/business-reviews/Gold-Silver-and-Platinum-Dealers/Goldline-International-Inc-in-Santa-Monica-CA-35002328

TrustLink:tl_2stars_lg based on 45 Reviews

http://www.trustlink.org/Reviews/Goldline-International-Inc-205959000

For over fifty years, precious metals investors have looked to Goldline International as a trustworthy source of investment products like precious metals. The experts at Goldline serve their customers with transactions related to gold, silver and platinum in both coin and bar forms. Additionally, numismatic, collectible and rare coins and currencies are offered by this established company.

All physical products that are sold by Goldline are sold with two options, they are fully insured and they deliver them directly to customer, or securely stored for the client. They are also kept in vaults at an independent location, at the customer’s discretion.

One reason that clients prefer Goldline for their precious metals investments is that Goldline offers the Price Guarantee Program which protects the investor from price fluctuations that may occur within a week of their purchases through the company.

Whether the client is purchasing the physical precious metal or currency product as an investment or a collector’s item, Goldline can meet their needs and offer them a comprehensive selection of choices in coins, bars or currency purchases.

The team of professionals at Goldline includes Account Executives who are available to their clients for assistance six days a week. The client concierge takes the time to discuss with each investor their goals and then helps them find the best fit for their investment.

Goldline International has a fifty year history in precious metals investing and the management has decades of experience in the investing and collection of precious metals. The company’s beginnings in the year 1960 were under the name Deak Investor Services Inc. and its growth over the years has been due to its determined commitment to the needs of its clients.

In 1998, Goldline reached for the stars and acquired Dreyfus Precious Metals Inc. This propelled the exponential growth of the company, increasing its market share and profile in the business of precious metals and currencies. Today, Goldline International leads the industry with over 500 Million dollars in sales every year and over four hundred employees.

Goldline is respected for their transparency in business, yearly audits bear this out. The Los Angeles Business Journal raved about Goldline being the 28th biggest privately held corporation in Los Angeles County. Online sites offer Goldine Review articles that serve to bolster confidence in this corporation and its long history.

Goldline International offers its clients an impressive range of options for investing in the precious metals it offers, any of several payment options are accepted.

Secure physical deliveries of the purchased precious metals and currencies are ensured with Goldline and the third party depository option is also offered. The Account Executive is available to fully explain the storage policies and any restrictions that may apply.

The website for Goldline features real time precious metals prices, and the website also serves as a gateway for customers who may wish to contact their Account Executive.

When a client wishes to liquidate their precious metal assets and convert them to cash, Goldline staff is there to assist in the smooth transition of the client assets. Efficiency and prompt attention to the wishes of the client are always primary.

Goldline International has an exclusive price protection program offered to clients who make a qualifying full-price acquisition of coins and bars. This price guarantee protects the client from downward fluctuations in the market, allowing for the client to be refunded the price difference if the items purchased undergo a price reduction within one week.

Goldline also offers a first-time buyer protection plan on numismatic as well as collectible precious metal coins. The online site for the company offers a full disclosure of risks that clients assume in the purchase of precious metals.

While Goldline has been in business for a long time, the number of BBB complaints and their overall TrustLink rating did raise some flags. If you’re considering buying gold coins or investing in a precious metals IRA check out our list of Gold IRA companies. We’ve compiled reviews from multiple sources and list the top companies online as well as one company in particular that did stand out among all the gold brokers. Go there now.

Rosland Capital Company Reviews

Rosland Capital Review

http://www.roslandcapital.com

Business Consumer Alliance: BBB Rating with 20 Complaints Closed in the Last 3 Years (read more)

Quick Note About the Business Consumer Alliance and BBB: The Business Consumer Alliance was started in 1936 and formerly operated as the Better Business Bureau of the Southland (Southern California).  There were some issues between this group and the BBB and the group broke off and became the Business Consumer Alliance.  Possible issues are rumored to be issues with high company ratings (like A+, A or A-) from the BBB despite high numbers of complaints for certain companies. So, for companies in Southern California, the BCA might be a better reference to use for complaints against companies that reside in this area (where a lot of gold companies are located).

BBB: 3 Complaints Since March 2013 (read more)

TrustLink:tl_3stars_lg based on 19 Reviews (read more)

While being endorsed by celebrities like William Devane and Jeffery Nichols, it is still easy to see that Rosland Capital does have a number of complaints registered against them in the last few years as well as recently.

Rosland Capital’s Trustlink rating:  Trustlink offers a rating based on customer reviews, and while some of the reviews of Rosland Capital are glowing, others offer less than stellar comments. Common complaints include issues with rude or “condescending” customer service representatives and claims that Rosland Capital does not have the most competitive pricing for the coins that they sell.

Recommended Gold Coins

When we called Rosland Capital, we were told that numismatic coins were much better than bullion.  This raised some concerns of what might happen later in the transaction.  We did not want to be pushed into rare or numismatic coins and wanted to stick with a large portion of our retirement in bullion.

IRA Fees

Rosland Capital’s IRA fee schedule is not completely known.  When we called, we were told that it was $225/year, but we are not sure which custodian is being used.  The potential for a scaled fee based on account size is certainly possible.  We would recommend asking questions about the full IRA fee schedule (especially for accounts larger than $250k) before doing business with them.

To see reviews of other companies as well as our recommended gold IRA solution (much higher ratings with very almost no complaints), check out the reviews here.