My Private Bullion Is Revealing Outdated Practices in the Gold IRA Industry
(PRWEB) October 29, 2013 -- In an ongoing effort to be the most innovative and informative gold company in the industry, My Private Bullion announces today they are rewriting the entire gold industry business model. MPB has been quietly but effectively providing today’s gold and precious metal consumer with products and services that the rest of the industry has not, or will not make available.
MPB Managing Director Alex Viera, explains it this way: “The typical menu of products and services that most companies have is all the same. They all simultaneously claim to be the best gold IRA custodian, but in reality they fall very short in terms of what is truly available to today’s consumer.”
Examples of these differences include the typical approach to converting an IRA to gold. Viera adds: “The typical gold company does not even know what can actually go into gold IRA’s any more. What the typical gold company does when they convert an IRA to gold is recommend the same products to every single one of their clients – regardless of who they are, what their goals are, or what level of capital they are working with. It’s almost always 50% gold and 50% silver and made up of a bunch of over-priced proof coins. This is not acceptable. It does not serve the client’s best interest and is bad business for the industry.”
MPB also points out that practically every gold bullion IRA company is also incorrect when they tell clients that it is impossible for a gold bullion IRA to allow its owner to store the gold privately instead of at a depository. “We’ve been able to provide that very service to our clients for well over a year now” says Tom Kelly, sales manager and retirement plan specialist at MPB. He adds: “I probably hear the expression ‘I did not know you could do that’ said to me about 100 times a day. Regarding all aspects of converting an IRA to gold.” Kelly goes on to say: “at MPB we’ve decided to expose the truth about the gold industry’s antiquated practices and plan to bring this industry to the here and the now.”
MPB plans on making more specifics known in future announcements and releases. They suggest to check back often for more insight, specifics and revelations.
To learn more about retirement plan investing in gold and other precious metals, please visit http://www.myprivatebullion.com or call 310-912-3450.
ABOUT MY PRIVATE BULLION
At My Private Bullion, individual service, asset protection strategies and wealth management solutions are the foundation of our business. The company also belives that today’s investors need a protection plan and a profitability plan that the rest of the precious metals industry is simply not providing.
My Private Bullion’s specialty is finding specific coins for buyers that will increase over time, well above bullion coins of similar prices. The company’s services include individuals, IRA’s, 401K’s and entire company retirement plans. MPB’s commitment is to learn an investor’s individual goals and objectives, and tailor personalized solutions to meet their specific needs.
Alex Viera, My Private Bullion, 310-912-3450, [email protected]
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