GSI Exchange Review – How Safe Is It?
GSI Exchange, a specialist virtual precious metals wholesaler established in 2014, is a viable option for investors looking to expand retirement portfolios and accounts while safeguarding their wealth against inflation.
Boasting extensive experience in gold, finance, and other commodities, including mining, fabrication, and sales, the management team is ready to provide expert consultation as well as on-site offices and storage facilities in both the US and Canada.
GSI Exchange provides an extensive selection of products and services, including the latest platinum coins and bullion available, exclusive access to private and public securities offerings, and comprehensive portfolio management services.
Its incredible management services and investment advice offer investors a broad selection of securities, portfolios, and investments focused on achieving their desired financial outcome – whether it’s to protect their wealth, build it, or prepare for retirement.
The top way to safeguard your retirement is to open a precious metals IRA. Check out the below providers and request a free kit.
Company | Personal Findings | Review | Free Guide | |
 | #1 Goldco | Best Overall Rating (Where I Invested) | ||
 | #2 American Hartford Gold | Best Buyback Program | ||
 | #3 Augusta Precious Metals | Most Educational ($50,000 Minimum) | ||
 | #4 Noble Gold | Best Metals Selection |
What Will I Learn?
- What Is GSI Exchange About?
- Is It Safe to Invest in GSI Exchange for Gold and Silver Coins?
- Services and Products Found on GSI Exchange
- What to Expect During a Bank Failure
- State Security Laws on a Precious Metals Company Specializing in Wholesale Trading
- What Are Precious Metals IRAs?
- Buying and Selling with GSI Exchange
- GSI Exchange Account Information
- GSI Exchange Shipping Process
- Reviews on GSI Exchange
- GSI Exchange - Benefits and Drawbacks
- Final Words
What Is GSI Exchange About?
Located in Palm Beach Garden, Florida, GSI Exchange is a top-notch online silver and gold bullion wholesaler. Anthony Anderson is a senior partner of this company, although Anderson and GSI Exchange aren’t registered to provide advice in either Alabama or Texas, which is something to point out.
With a vast range of rounds, coins, and bars in stock, investors and precious metal collectors alike can experience unparalleled selection and unbeatable prices – from 1/20th ounce gold Maple Leafs to 100-ounce Engelhard bars.
Clients have the benefit of quick delivery of their items and will find prices that are highly competitive. In addition to U.S. Mint bullion coins, GSI Exchange also specializes in global mint coins from Canada, Australia, South Africa, and Mexico.
Moreover, its gold and silver bar selection, sourced from refineries like PAMP Suisse, Credit Suisse, and Johnson Matthey, offers high-quality precious metals for even the most discerning investor.
Is It Safe to Invest in GSI Exchange for Gold and Silver Coins?
The platform is a revered and swiftly expanding the global trading arena designed to empower investors of all levels to reach their financial goals.
Founded by experienced traders with a mission to provide comprehensive investment services and products, not just limited to commodities, indices, stocks, and Forex, but with adeptness in the precious metals market overall – GSI Exchange is an expert in the field.
Bringing to the table an extensive array of products and services, complete with professional training and support, GSI Exchange is a leading national coin investment destination like no other.
In addition to its commitment to customer safety, GSI Exchange also takes a stand against any illegal advisory scheme involving its own signature coins and services. Through its enforcement policy, GSI Exchange seeks to identify, investigate, and prosecute perpetrators of such schemes to maintain the integrity of its client’s investments.
Suggested Reading: Is Gold Bullion Exchange Legit?
It’s important to note, however, that both the Texas State Securities Board and the Alabama Securities Commission prohibit GSI Exchange from operating in these states due to ongoing investigations, so you should consider that before signing up.
Services and Products Found on GSI Exchange
This platform specializes in providing precious metal trading products and services for investors, with a focus on providing retirement planning solutions. It offers gold and silver IRA plans for individuals, as well as domestic and pooled accounts, including international storage options and more.
As an expert in the sector, GSI Exchange can help investors make informed plans and decisions regarding their retirement portfolios and accounts and offer a variety of options and resources to help them grow their investments and improve their future financial well-being.
What to Expect During a Bank Failure
Investors can be certain that all funds with GSI Exchange are secure, as segregated accounts are used for individual clients at various banks insured by the FDIC. This ensures all funds are placed in a separate trust to be reclaimed by the investors promptly if the bank does fail.
The process begins immediately with GSI Exchange working to resolve any issues before they impact customers and meet all the necessary deadlines set forth by the FDIC. As a result, you can be confident that the process of reimbursing your funds will be done in a safe, secure, and timely manner.
However, with the security of FDIC-insured banks and the extra layer of protection provided by segregated accounts, clients won’t ever have to worry about their funds being in danger.
State Security Laws on a Precious Metals Company Specializing in Wholesale Trading
The Securities and Exchange Commission (SEC) under the US government is not assigned to manage bullion trade since resources such as gold and silver coins, platinum, and palladium are seen as currency rather than security.
Most jurisdictions consider these precious metals as legalized tender, meaning they will not be subjected to sales or monetary gains levy when they are swapped at spot cost between entities or persons.
Notwithstanding, certain places do have legislation concerning the trade of these commodities, and this usually aims to offer protection to the investors.
These regulations have to be enforced to certify that bullion dealers are qualified and attested before concluding capital transactions involving precious metals or coins of any kind.
In addition, dealers must weigh the precious metals in front of the investors and generate invoices for all transactions so that there’s no illegal advisory scheme involving the two parties.
What Are Precious Metals IRAs?
If you are an investor, GSI Exchange’s precious metals IRAs provide a great way to secure your financial future.
With these retirement accounts, you can acquire physical gold and silver coins, palladium, and platinum with the option to buy and sell coins and bars, store your metals in a depository, or have them delivered directly to your place.
This is a tangible and reliable way to protect your savings against both inflation and creditors, offering real value to your money as a paper currency loses its purchasing power.
The GSI Exchange group of experts is passionate about helping clients properly manage their finances through leading national coin investments.
With its collective experience and knowledge, you can rest assured that your investor funds and other precious metals will be effectively managed and protected by the GSI Exchange family.
Buying and Selling with GSI Exchange
This wholesale trader is a precious metals company specializing in selling and buying the highest-quality gold, palladium, silver, and platinum products for investment.
From mint coins to bars of pure gold, GSI Exchange has something for every investor. Moreover, it also specializes in providing unique bullion jewelry made of such precious metals.
GSI Exchange takes great pride in providing customers with a comprehensive catalog of products comprising detailed information, such as prices and quantities of items on sale. Experienced clients can easily browse through the offerings before making a purchase for their investor funds.
On the other hand, to receive up-to-date information about the current prices charged by GSI Exchange for precious metals, investors should contact it directly.
This is because of constant market fluctuations, meaning the prices are regularly adjusted to reflect the current industry value.
To get in touch with GSI Exchange, investors can take advantage of the toll-free number provided on the website (1-800-577-3195) or look for the address online for those who prefer traditional mail or e-mail.
GSI Exchange Account Information
The platform provides a free account to all its clients. Investors are able to purchase and sell silver or gold at the current market price; however, it is done so at their own risk. There is no requirement to make a minimum investment to create an account, but a $75 annual fee will be charged unless one of the below-mentioned tiers is reached.
GSI Elite
Clients investing over $50,000 in precious metals do not need to pay a yearly fee.
GSI Platinum
Those investing over $100,000 in precious metals also don’t need to pay a yearly fee to GSI Exchange.
GSI Diamond
Clients investing more than $250,000 in buying precious metals do not need to pay a yearly fee to the company.
GSI Exchange Shipping Process
The process of shipping for investors with GSI Exchange is fast and straightforward. There are various delivery methods to choose from. Although the most affordable route will take the longest, clients can always choose fast shipping if they need the goods immediately.
Rest assured that orders are processed and shipped within two business days of the receipt being registered.
GSI Exchange also works closely with UPS for all its deliveries, making it one of the quickest means to get your precious metals. Many locations within the United States will receive the ordered goods in two business days or less.
All purchases are packaged and bubble wrapped for security purposes, then shipped with USPS First Class Mail with the precious metals transaction and tracking number provided.
Clients who haven’t received the package within two weeks of first issuing the order should definitely contact the USPS website for help.
Unfortunately, GSI Exchange cannot cover any extra shipping costs in case of incomplete or incorrect delivery addresses.
However, for all packages returned to USPS, the company will contact you about the fees for re-delivering the order. Furthermore, if your purchase is incomplete or damaged when received, it is important to notify the shipping company and GSI Exchange right away, so they can address the issue.
Reviews on GSI Exchange
The platform is a leading national coin and bullion provider, offering state-of-the-art storage and account facilities as well. The Better Business Bureau has rated the platform an “A”; however, the website shows only seven reviews at the moment.
However, GSI Exchange has still managed to make a solid commitment to upholding the highest standards of transparency and conduct in ensuring its clients the best possible investment advice.
The company has spent years cultivating relationships with its clients built on trust and respect, offering innovative products and services unparalleled in the industry.
GSI Exchange also takes state securities law regulations very seriously. As industry veterans, the business is highly committed to adhering to all requirements imposed by the government, ensuring clients receive the most compliant investment experience.
It also works closely with high-speed shipping partners to deliver the latest precious metals to customers.
GSI Exchange - Benefits and Drawbacks
Investors wanting to make a safe and secure precious metals transaction can definitely rely on GSI Exchange for diversifying securities, portfolios, and passive investments.
The platform provides a hassle-free and secure trading experience with no minimum fees, making it ideal for individuals or institutions looking to exchange and trade in precious metals, including platinum coins and pure bars.
However, there are still a few downsides to GSI Exchange, although not prominent enough to disregard any of its advantages.
Pros
Extremely low and competitive prices on pure bars and precious metals for self-directed IRAs.
No minimum fee is needed to create an account with GSI Exchange.
Free shipping is provided for all purchases over $10,000.
Investors can easily open IRAs by depositing a minimum of $500 only.
Cons
There is no live-chat system available on the GSI Exchange website.
GSI Exchange only operates physical stores at the moment, so there’s no way to find it online.
The platform harbors only a limited collection of precious metals and bars.
Final Words
GSI Exchange is a great option for investors looking to purchase various types of precious metals. The precious metals selection is somewhat better than other pricier dealers, and its financing options are unique and difficult to find on other platforms.
The company’s website has a simple and straightforward UI and provides a wealth of information to educate clients about investing in precious metals through an IRA. A valuable knowledge base and resources for getting started are also available, making GSI Exchange a leader in the industry.
This platform was founded by industry veterans who recognized the need for transparent and cost-effective access to the precious metals markets.
From the start, GSI Exchange has been committed to serving investors with the highest standards of integrity and security against any kind of illegal advisory scheme involving clients.
What’s more, in the case of a potential bank failure, GSI Exchange ensures that all investors are reimbursed in a safe and secure manner with no chance of a delay or error. Clients rest assured that their funds are safeguarded and protected, 24/7, around the year.
Investors are often tasked with two conflicting goals – either enjoy long-term returns or focus on short-term safety and security. However, with GSI Exchange, account creators can have both. If you’re looking for a secure and guaranteed way to protect your investments, then know that GSI Exchange is perfect for you.
About Arthur Karter
Hi, I’m Arthur, and nobody wants to wake up in their 50s like me that they are in serious debt with minimal assets. This wake-up call forced me to reevaluate everything. After going through the school of Hard Knocks, I’m ready to help you by sharing the best retirement choices and how they differ from all the same-old, same-old options that financial advisors sell. These alternatives will help you build and protect your wealth.
