Read the Birch Gold Group Review for 2023
Justin Fitzpatrick- Birch Gold Group Ltd. (BGG) is an Australia-based gold giant that mines, explores, and develops gold resources globally.
- The ASX-listed company is based in Perth, Western Australia, and has operations in numerous countries.
- Birch Gold Group Ltd. (ASX:BGG) is an Australia-based gold giant that mines, explores, and develops gold resources globally.
Birch Gold Group Ltd. (BGG) is an Australia-based gold giant that mines, explores, and develops gold resources globally. The ASX-listed company is based in Perth, Western Australia, and has operations in numerous countries.
Birch Gold Group Ltd. currently trades on the Australian Securities Exchange under the ticker BGG. As of Nov. 14, 2022, the company's market capitalization (market cap) was AU$2.1 billion (U.S.$1.6 billion).
Notable Advisors
John Birch: Founder and chief executive officer (CEO) of Birch Gold Group, Inc., John Birch has over 20 years of experience in the precious metals industry. A former geologist, Birch is credited with many firsts, including being the first to publicize the true monetary value of gold, initiating the first gold fund in 1998, and being the first to publicize the true monetary value of silver.
Birch Gold Group's Pros and Cons
Pros:
Small account minimum, low fees, low trading costs
Has a 30-day money back guarantee
Offers educational resources and webinars
Has a live chat feature to ask questions
Cons:
No educational training or tools for beginners
No ability to trade futures or options
Only offers spot gold and silver
Pros Explained
The company's number one benefit is its investment philosophy. Birch Gold Group does not attempt to predict what the price of gold or silver will be in the future.
Instead, the company focuses on buying physical bullion between $1,050 and $1,350 per ounce. This price level is usually well below the current spot price of the metals.
Therefore, investors are often able to purchase gold, silver, and platinum bullion for a significant discount.
For example, the gold and silver bullion available from Birch Gold Group have a total premium of just $2.50 per ounce at the time of writing. This makes the company's bullion very attractive to investors.
Cons Explained
No Offers Available
Website Issues
No Live Options
Pros Explained
No Upfront Fees
Conclusion
Birch Gold Group is one of the most unique companies in the gold market. They sell physical gold in denominations as low as $10, which is perfect for smaller investors. For those who are looking for large quantities, they offer $100, $1,000, and $5,000 bars.
However, the main drawback to Birch Gold Group is that there are no offers available (as of 2023). That means that there are no monthly gold subscriptions, no multi-month deal, and no introductory offers. Furthermore, their website is poorly designed and lacks available functionality.
While the company does sell physical gold, they are not a precious metal dealer. They buy their coins directly from refineries, which makes their pricing not as competitive as it could be.
Pricing and Plans
The Birch Gold Group review is overwhelmingly positive overall, with the main complaint being that the pricing is relatively high. However, there are some great benefits offered, including unlimited trading, no account minimums, and cash-back rewards. With a physical precious metals storage option, the Birch Gold Group review shows that there are options for everyone.
Free vs. Paid Plans
Birch Gold Group's free plan is pretty limited-you can only join five of their gold companies. For $50/year, you can join 15. For $100, you can join 30. For $200, you can join all 30, plus two more gold companies.
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The Bottom Line
The Birch Gold Group is a subscription-based service that publishes daily updates on precious metals. Investors can also follow the company's analysis with its free newsletter. The Birch Gold Group is best suited for those with an interest in gold and silver.
