birchgold.com

4.6
4.6 Based on 160 reviews

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Chris Smith
Birch Gold Group is a legit scam

Birch Gold Group is a legit scam. I naively thought upon purchasing gold that it was purchased at or near the spot price of gold. I was dead wrong and didn’t realize until 6 months later that this sham of a company charges the US mint price of gold plus their anstro fees instead of the spot price. The spot price of gold at the time that I bought was anywhere from $2700-2900. I bought 1.85 oz of American eagle. 2900+2900 is 5800 so technically at the time I bought 2oz of gold was worth $5800. You wanna know how much birch gold group charged me for 1.85 oz, which was .15 oz less than the 2oz at a spot price of $5800??? They charged me $8154 for 1.85 oz of gold. I bought 22 at a price of $170,388. 8154 - 5800 = $2354 in an upcharge fee. 2354 x 22 = $51,788. I paid this charlatan company $51,788 in upcharge fees. Gold is now at over $4000 yet I’m down in value because birch gold group charges an astronomical amount in fees. There were other coins I bought in addition to the coins mentioned above and altogether I was charged approximately 70-80k in fees. I invested approximately 230k in February of 2025. Gold is up over a thousand dollars since I’ve invested yet I only have 206k worth of gold in my account. I should be up in value but I’m down because this company scammed me out of my hard earned money. They are a predatory company that will do the same to you. I brought this scam to their attention and they offered my original approximate 230k money back but I had to sign something saying I could never speak of their scam in a public forum or id owe them 230 thousand dollars. Is that not hilarious. Avoid the scam of a company like the plague. They basically just stole nearly 80k of my money from the jump start and now nearly 8 months later I’ve decided to prematurely withdraw all of my money because this charlatan company doesn’t deserve my business. May those charlatans reap what they sow. And that 230k took my nearly 16 years to save. They’re evil.

1
Date of experience: Oct 09, 2025

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