Money Metals Exchange reviewed by Jasom
    February 9, 2016
    Positive experience

    I’ve been buying gold and silver from Money Metals Exchange for about three years now. I first learned about them from the newsletter Independent Living that they were affiliated with at the time. The bullion dealer was ‘spun off’ to create MME. MME has a monthly investment program where you can automatically buy gold or silver (or both) each month. You can decide how much of each (cash or ounces) is purchased and on what date (4 or 5 different days of the month) the purchase is executed. They can ship every month or once every 3 months which will save on shipping costs. MME is usually one of the lowest as far as cost and the premium they charge is clearly stated in the cost you’re paying. Not all dealers due this, if they do it’s sometimes very hard to find out what the premium actually is. They also buy gold and silver. I haven’t ever sold any so I can’t really comment on that. The premium they charge when selling is also clearly stated. I’ve only called to place an order once. A real person (from the U.S.) answered the phone almost immediately which was surprising considering the fact that gold and silver prices were plummeting that day and a lot of people were trying to place an order. FYI … no one was selling. The only minor con I can say about MME is they are a bit slow in shipping. I can understand this as they are a relatively small (but growing rapidly) company and they use the cheapest shipping option. You can have it shipped faster, but it will obviously cost more. MME also publishes a quarterly newsletter and you can sign up for email alerts and market wrap-ups.

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