Fortress Gold Group Applauds Minnesota Regulatory Initiative

New state law requiring a valid surety bond for precious metals dealers is a step in the right direction, says the firm.

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Sherman Oaks, CA (PRWEB) June 27, 2014

Fortress Gold Group, a leading firm of Gold IRA plans and other precious metals investments, sees as helpful a recent law by the state of Minnesota requiring bullion coin dealers to have added safeguards in place before doing business.

Specifically, dealers must obtain and maintain a valid surety bond of $25,000 to $200,000 depending on the volume of business transacted with Minnesota residents.

“We are pleased to see Minnesota join with other states recognizing the importance of protecting investors,” says C. Kline, the firm’s chief operating officer. “Fortress Gold Group already carries this coverage and believes both investors and precious metals suppliers benefit from this requirement.”

He urges gold and silver investors in other states to determine if companies in the marketplace are similarly covered before doing business with them. Fortress Gold Group provides a complementary Buyer Beware information guide to all prospective investors, covering many of the key issues addressed by such legislation.

“There are over 400 gold and silver trading companies nationwide. And while many are doing it right—most still do not. Until the industry catches up in this regard and sees the benefits of better self-regulation, initiatives such as Minnesota’s will remain the individual investor’s best friend,” says Kline.

With an A+ rating by the Better Business Bureau (BBB) along with being an authorized dealer and official member of leading industry organizations, the company also offers 3-day free shipping—the fastest in the precious metals industry, he notes.

“As members of the American Numismatic Association and the Industry Council for Tangible Assets we’re able to provide our clients with service in a manner that exceeds industry standards,” Kline says. “Plus, we share with our clients much of the market data analysis we have special access to.

More information on Fortress Gold Group and their Gold IRA rollover investment plans can be found at https://www.fortressgoldgroup.com or by calling 800.777.6177.


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