Is Silver Gold Bull Worth It? In-Depth Review

According to Personal Finance Insider, in today's uncertain economy, savvy investors turn to precious metals like gold and silver for portfolio stability.

If you're evaluating Silver Gold Bull-a trusted North American dealer since 2009-for your next purchase, Gold IRA, or storage needs, key concerns like fees, account minimums, and product variety matter most. This in-depth review breaks down their pros, cons, and reliability to help you decide if it's the right fit for your investment goals.

Key Takeaways:

• Silver Gold Bull offers competitive pricing and a vast selection of gold, silver, platinum, and palladium with secure shipping insurance.
• Reliable services and storage for individuals and IRAs, but potential fees and shipping delays may affect value for some buyers.
• Founded in 2009 in Canada, Silver Gold Bull has a strong track record and customer-focused approach as a trusted North American dealer.

Is Silver Gold Bull Worth the Investment?

The company specializes in providing investment-grade products (high-quality items suitable for investing), including gold, silver, platinum, and palladium.

This offers a reliable and diversified option for investors seeking secure precious metals investments. For an extensive analysis of how this stacks up in the market, our  Birch Gold Group vs. Other Precious Metal Dealers comparison examines key differences among top providers.

Key Factors for Deciding Value

Decide Silver Gold Bull's value by checking key factors like pricing, product options, and service quality. No account minimums for direct buys and a price match guarantee make it cost-effective. Follow these steps to evaluate:

1. Check pricing: Look at markups (extra cost over base price) on coins, usually 1-3% above spot price. Visit the Deals Zone for discounts on items like American Eagles.
2. Review products: Explore gold, silver, plus platinum and palladium bars and collectibles. These help diversify your portfolio (spread out investments).
3. Look at fees: Note the price match, free shipping over $199, and low IRA storage fees. Watch for hidden costs.
4. Check reliability: Confirm A+ BBB rating and 4.8/5 on Trustpilot.

This check takes just 15 to 30 minutes.

For retirement accounts, check IRS Publication 590 to see which metals fit gold IRAs.

What Are the Main Pros of SGB?

Silver Gold Bull shines with fair prices, top-quality products, wide selection, and great customer service.

Its strong reputation shows in high customer reviews.

Competitive Pricing and Product Variety

Silver Gold Bull offers fair prices via its Deal Zone with discounts.

It includes a price match guarantee too.

You get a wide range of items: gold and silver coins, platinum and palladium bars, collectibles, and copper rounds.

Royal Canadian Mint coins have markups of just 2-3%, way below the usual 5-8%.

Take Sarah, who bought $300 in silver eagles. Free shipping saved her $12.

Key benefits:

• Fair pricing with a match guarantee (matches lower competitor prices) and buyback at 95% of melt value (base metal worth).
• Wide selection of gold, silver, platinum, and palladium bullion, plus collectibles, jewelry, copper rounds, and gifts. Over 1,000 items (SKUs mean unique products) for diverse portfolios.

This setup saves 5-10% versus rivals like American Hartford Gold, Thor Metals Group, Priority Gold, Lear Capital, Rosland Capital, and Yieldstreet.

It boosts returns for smaller portfolios.

What Drawbacks Should You Consider?

Silver Gold Bull shines in many ways. But watch out for fees on storage and IRAs, plus occasional shipping delays.

Weigh these issues against the company's strong benefits.

Potential Fees and Shipping Delays

Silver Gold Bull has some fees.

These include setup costs for self-directed IRAs and yearly storage fees.

You might also face shipping delays, even though orders over $199 get free insured shipping.

1. IRA setup fees run $50 to $100 with custodians like Equity Trust. Skip them by buying metals directly for personal use instead of an IRA.
2. Yearly storage fees average 1% of your metal's value at places like Brink's. Save up to 0.5% by choosing pooled storage, where metals are shared, over segregated storage for individual holdings.
3. Shipping can take 1 to 5 business days. Track your order closely and rely on the included insurance from Lloyd's of London for qualifying orders.
4. Markups range from 2% to 5%. Use bank wire transfers to get better prices.

Set up your IRA right.

Make sure your metals meet IRS rules in Publication 590 to avoid penalties.

How Reliable Is this Company for Purchases?

Silver Gold Bull is reliable for buying precious metals. It has an A+ rating from the Better Business Bureau, great Trustpilot reviews, and solid customer service led by CEO Bobby Belandis since 2009.

1. The A+ BBB rating shows they fix all complaints quickly.
2. Trustpilot scores 4.8 out of 5 from over 10,000 reviews. Customers love it.
3. The buyback program lets you sell back metals fast at good prices.
4. Price match guarantee means you won't overpay. It builds trust.
5. The online platform is safe with end-to-end encryption. It accepts many payments, even cryptocurrencies.

Silver Gold Bull has run for over 15 years. That means more than 100,000 happy customers.

People say buying gold coins like the 1 oz American Eagle is easy, with fast delivery and no issues. To see how it compares to other trusted options in the market, check out our Bullion Standard Review: How It Compares to Other Gold Dealers.

Do They Offer Secure Services?

Silver Gold Bull offers top-notch security.

Insured shipping comes from Lloyd's of London, ensuring your precious metals arrive safely- our guide on transporting gold across town or overseas outlines key strategies to complement this protection. Brink's handles vault storage for gold, silver, and more. This protects your investments, whether personal or in an IRA.

Insured Shipping and Storage Solutions

You get full insurance on shipping from Lloyd's of London.

Brink's provides storage options like segregated or pooled for IRA-approved metals. Trusted custodians like Equity Trust hold them.

Shipping covers full value insurance. Orders over $199 ship free.

At Brink's, pick segregated storage for your own metals and extra security, but it costs more.

Or go with pooled storage, sharing with others for lower fees of 0.5% to 1% a year.

This setup works for self-directed IRAs. It holds IRS-approved gold, silver, platinum, and palladium.

Check on your metals anytime via the secure online portal.

To initiate the process, individuals should:

• Contact Silver Gold Bull.
• Choose your storage option.

1. Open a Traditional Roth IRA account with Equity Trust,
2. Transfer funds (with annual contribution limits up to $7,000 for 2024),
3. Select the desired metals, and
4. Designate storage preferences.

The setup generally requires 1 to 2 weeks to complete, in accordance with IRS Publication 590 guidelines governing precious metals in IRAs.

Company's Background

History Since 2009 and Canadian Headquarters

Silver Gold Bull started in 2009 in Calgary, Alberta, Canada. CEO Bobby Belandis leads it. The company earns praise for top-quality precious metals from the Royal Canadian Mint.

It led as a safe online dealer with an easy trading platform. This setup made buying gold and silver bullion simple.

By 2015, it added platinum and palladium. These moves grew its offerings and strengthened its spot in North America.

Silver Gold Bull hit big wins like an A+ from the Better Business Bureau. It also has thousands of great reviews on Trustpilot, including over 199 five-star ones. Customers share what they like and dislike there.

These successes show its strong focus on top customer service. Shipping comes fully insured by Lloyd's of London.

Insights from its rapid growth show the value of clear practices and reliable delivery. This base has empowered Silver Gold Bull to handle over $500 million in yearly deals. The company also focuses on teaching clients with detailed product guides.

SGB Products

Gold, Silver, Platinum, and Palladium Options

Silver Gold Bull sells a wide choice of IRS-approved items. Think gold and silver coins from the Royal Canadian Mint, plus platinum and palladium bars. They also offer fun collectibles to build a mixed metals collection for newbies or pros.

To make informed decisions, compare the key metals using the following table:

Gold works great for long-term IRAs. Its steady value fits IRS and FinCEN rules. (An IRA is a retirement savings account.)

Silver lets beginners jump in easy. It often costs under $30 an ounce.

New investors might try copper rounds like Buffalo designs. They cost just $1-2 each and avoid big extra fees.

This mix adds fun collecting with cheap protection. It highlights what makes bullion special.

How Does It Cater to Investors?

Support for Individuals and Retirement Accounts

Silver Gold Bull helps everyday buyers with easy direct buys. It also backs retirement savers via self-directed gold IRAs using IRS okayed metals and trusted keepers like Equity Trust.

Start your journey with these simple steps tailored to your needs:

1. Pick your investor type (individual or retirement).
2. Choose direct buy or IRA setup.
3. Select metals and storage.
4. Complete with custodian if needed.

1. Individual investors: Browse products like American Eagle gold coins online. Pay with Bitcoin or bank wire transfers.
2. Retirement account holders: Set up a self-directed IRA (Individual Retirement Account) with a custodian like Equity Trust. It costs about $50 to start.
3. Add funds to the account. Invest in IRS-approved metals: gold, silver, platinum, and palladium.
4. Pick secure storage options, like those from Brinks.

Setting up an IRA takes 1 to 2 weeks. Follow IRS rules in Section 408 to keep your tax perks intact and avoid mistakes.