Are you wondering what Ben Shapiro has to do with Birch Gold Group and whether Birch is a legit gold IRA company?
In this article, we have looked into Ben Shapiro’s gold company, Birch Gold Group, and whether it is a legit gold IRA company to help you secure your wealth.
Feel free to use our table of contents to jump straight to any section:
Table Of Contents
- Gold IRA Companies Meet the Demand of Worried Investors
- What Has Ben Shapiro To Do With Birch Gold Group?
- Gold IRAs And Cash Purchases
- What Products Does Birch Gold Group Sell?
- Birch Gold Group Ratings And Reviews
- What About Storage?
- Precious Metals Pricing
- Conclusion: Is Ben Shapiro’s Gold Company Birch Gold Group Legit?
To begin, let us take a look at why gold IRA companies are highly sought after to meet the demand of worried investors right now.
Gold IRA Companies Meet the Demand of Worried Investors
If you are like us, you are concerned with the current state of affairs in regards to US politics and the economy.
President Biden’s approval rating is at a new low, inflation is skyrocketing, and many Americans are starting to move their money out of the stock market and into safe-haven assets like gold or silver.
While there are pros and cons to investing in gold, 2022 marks the start of what many believe will be a bull market for precious metals. Federal spending is out of control and inflation is hitting record highs.
Not coincidentally, gold IRA companies have exploded on the scene to meet the demands of worried investors across the US.
Gold companies like Augusta Precious Metals, Goldco, Regal Assets, and BullionVault appear to be advertising everywhere. And one prominent company that advertises almost daily on the Ben Shapiro Show is Birch Gold Group.
What Has Ben Shapiro To Do With Birch Gold Group?
Ben Shapiro is the co-founder of the Daily Wire, a conservative news website and media company.
He is a best-selling author, commentator, and host of The Ben Shapiro Show.
Ben Shapiro claims to have the ‘fastest growing’ conservative podcast in the US, with millions of downloads each month and multiple sponsors advertising on the popular program.
Birch Gold Group has been advertising with Shapiro since 2016, even sticking with the outspoken thought-leader during times of controversy.
In this video from March 2021, Birch Gold’s Philip Patrick and Ben Shapiro discussed several topics including Biden’s multi-trillion dollar stimulus package, inflation, currency devaluation, along with the pros and cons of investing in today’s market.
But is Birch Gold Group legit? Why is Ben Shapiro endorsing this gold company? And are they worth contacting for your purchase of physical gold and silver?
Let us look closer at that next.
Gold IRAs And Cash Purchases
There are a few ways to invest in precious metals. For example, direct cash purchases, gold and silver mining stocks, ETFs, and buying physical precious metals with your IRA.
While Birch Gold Group can handle direct purchases delivered directly to your home, their bread and butter is in facilitating gold IRAs. And because this is their specialty, this article is focused on Birch’s gold IRA services.
What Products Does Birch Gold Group Sell?
The IRS considers most precious metals as “collectibles,” that are not permissible in your IRA, but thanks to the Taxpayer Relief Act of 1997, Americans are able to diversify retirement accounts into a wider selection of investments.
This includes certain gold, silver, platinum, and palladium products that meet the IRS specifications and minimum purity requirements.
Birch Gold Group is able to source just about any IRA-eligible bullion bar or coin for your IRA.
Some examples of popular gold IRA investments include:
- Gold, Silver, or Platinum American Eagle Coins
- Gold or Silver American Eagle Proof Coins
- Gold, Silver, Platinum, or Palladium Canadian Maple Leafs
- American Gold Buffalo Coins
- Australian Kangaroo Nugget Coins
- Chinese Gold Panda Coins
- Credit Suisse Gold Bars
- PAMP Suisse Gold Bars
Birch Gold Group regularly purchases a large volume of bullion bars and coins for clients. This leverage allows them the ability to source and deliver a wide selection of products for self-directed IRA clients across the United States.
Birch Gold Group Ratings And Reviews
Birch Gold Group currently holds an A+ rating with the Better Business Bureau. The company has also earned an AAA rating with the Business Consumer Alliance and has thousands of 5-star reviews on verified consumer review sites such as TrustPilot and TrustLink.
>> Read our in-depth review of Birch Gold Group to see more verified reviews!
What About Storage?
The gold IRA company has secured relationships with top-rated self-directed IRA custodians and SDIRA gold vault storage companies to ensure low-cost solutions for your gold IRA rollover.
For instance, Birch works closely with Equity Trust and STRATA Trust Company. Both charge a low annual fee of $80 to administer your IRA.
Birch works with both Delaware Depository and Brinks Global Services for your storage needs. As a client, you can expect to pay an annual fee of $100 to securely store your precious metals with either storage provider.
When compared to their competitors, Birch’s custodial and storage fees are reasonable.
Note that some of their competitors have also secured relationships with Equity, STRATA, Brinks, and Delaware Depository.
Precious Metals Pricing
Birch does not add any fees on top of what the custodians and storage companies charge. Your custodial and storage payments are billed directly to the providers you choose to work with for your gold IRA rollover.
Birch Gold Group helps clients open their new accounts, and facilitates the purchase of gold and silver through world mints and other reputable sources.
The company prices their precious metals based on the current spot market price.
They are able to source your metals at a low wholesale cost and then sell metals at a premium over spot. This spread between Birch’s wholesale cost and your retail purchase price is how Birch Gold Group gets paid.
Birch will help you set up your new IRA, assist in the transfer of funds to your new IRA custodian, and ensure that the entire process is done in compliance with the IRS tax rules.
One wrong move and you may risk hefty IRS penalties. But as gold IRA specialists, Birch Gold Group will make sure your IRA is set up properly and in good standing with the taxman.
Conclusion: Is Ben Shapiro’s Gold Company Birch Gold Group Legit?
Before we answer the question of whether Birch Gold Group is legit, it is important to understand that Ben Shapiro does not own Birch Gold Group.
The gold IRA company pays Ben Shapiro to allow them to advertise on his program.
The relationship has been lucrative for the company as Shapiro has a large audience of conservative investors, business owners, and entrepreneurs that understand the potential long-term value of buying physical gold and silver.
While the company continues to test new advertising methods, the Ben Shapiro Show has helped them solidify their position as one of the largest and most well-established precious metals companies in the US.
This relationship will likely continue between Birch Gold Group and Ben Shapiro for many years to come. This is of course, as long as BGG continues to provide his followers with excellent service and support.
To conclude, Birch Gold Group is a legit and reputable gold IRA company. They’ve managed to earn thousands of 5-star reviews, with more than 12,000 clients across the United States since first opening their doors in 2003.
Online Birch Gold Group reviews show they’re a leader in the gold IRA industry. With almost twenty years in business, it’s likely BGG will be servicing US retirees for decades to come.
>> Read our in-depth review of Birch Gold Group!