Welcome to this Money Metals Exchange Review (11/1/22 Update!)
Is Money Metals Exchange a scam? Well... if you're having doubts, you should probably check out the TOP Gold Dealer of 2022 by clicking here first.
That said... If you are still not convinced, feel free to read on...
This autumn, quite a few people are wondering if the worldwide economy will ever recover. While no man can know all the future for sure, it seems like it might take quite some time. Countless people are wondering what will happen next. As a result, some are starting to think about whether pivoting into precious metals like gold and silver might be their ticket out... Perhaps you are one of those people.
And perhaps you have heard about a company called "Money Metals Exchange".
So who (or what) is Money Metals? Are they legit? How is their customer support? What do others have to say about them? Are they the right fit in 2022?
WARNING: Before getting started, it needs to be said that you need to do 100% of your own due diligence and research before choosing to work with any company, especially when it comes to precious metals. Do not work with anyone if you do not feel comfortable doing so.
If you'd like to buy from a trusted dealer with loads of great customer reviews, then you should check out this review about the Top Gold Dealer of 2022 by clicking here!
With that being said, let's jump right in and take a look, shall we?
- Gold coins
- Silver coins
- Silver bars
- Gold bars
- Copper coins
Scared of getting sold fake coins? Here's a review of a trustworthy gold dealer that has tons of positive customer ratings.
How are their reviews? November 2022 Update!
Well, here is a short blurb from the "reviews" page of their website:
"At Money Metals Exchange, we take customer service seriously and we want investors, whether beginner or experienced, to feel safe when purchasing bullion online. We welcome customer reviews and have a team of proffessional precious metals experts to tackle any complaints that may arise." - Moneymetals.com
The typo in "proffessional" is probably not the most convincing thing you'd wish to see on a company website in an industry where a "fat finger" can cause quite significant financial issues, but perhaps it can be overlooked depending on your point of view.
According to the third party review site, BBB.com, they have an "A Plus" rating and have been in business for 10 years. As of October 31, 2022, they have received 143 145 customer reviews and their average rating has slightly risen from 4.31 out of 5 to 4.33 out of 5...
November 2022 Update: As of Autumn 2022, Money Metals Exchange rating on Scamreport.com sits at 4 out of 5 (based on 16 19 reviews)...
and 2 out of 4 of the most recent reviews left gave them a 1 out of 5 rating... yikes.
One of the reviewers left the following comment,
"Do yourself a favor and buy metals someplace else. Very misleading with their website and advertisements"
Take that for what you will.
Watch this video to learn more about whether they're legit or a scam:
Here's some "Pros and Cons":
- Live chat feature on their website
- Fairly easy to navigate website
- Offer quite a few more products (like rhodium bars for example)
- They accept crypto
- Apparently someone had a payment issue with them, but its a bit hard to say if it was the customers issue or theirs...
- more negative reviews than in the beginning of 2021...
Are they a scam?
Judging by the majority of the reviews left on places like the BBB website, it seems pretty unlikely that Money Metals is a scam. Could a company be in business for 10 years with an "A Plus" rating from the BBB if they were a scam?
That said, you MUST do your own research before picking someone to work with when it comes to precious metals. You need to do your homework and not proceed with anyone unless you are 100% comfortable with them and with your decision.
Are there "better" options out there?
If you are on the lookout to diversify or just re-up your current stack, Goldco might be a great choice for you. They're a trusted and experienced full-service precious metals firm. They specialize in taking care of gold and silver IRAs.
No precious metals company is ever gonna be "perfect". Some may offer a better fit than others. At the end of the day, it usually just comes down to a matter of which company you feel most comfortable with.
Hopefully you found this info useful. If you choose work with Money Metals, please feel free to leave a review in the comment section below so that this article can be updated with your experience, as it could really help out your fellow readers by giving them the most up-to-date info.
If you have any questions, please do hesitate to leave them in the comment section below.
Don't Fall For Gold Scams...
There are countless people who have been fleeced for 1000s by unscrupulous dealers. Don't be one of them. Read this FREE guide to help you learn more about the top 10 deceptive gold dealer LIES by clicking the red button below: