December 8, 2010
NIA 'Gold and Silver Seller Reviews' Update
The National Inflation Association is pleased to announce the release of its second update to its unbiased reviews of the major online sellers of gold and silver bullion. NIA's 'Gold and Silver Seller Reviews' feature was originally launched on January 14th, 2010, and has become widely recognized in the industry as the premiere spot for precious metals investors to become educated about how online gold and silver coin and bullion dealers are rated in the categories of pricing, selection, shipping/processing, customer experience, and overall.
The online gold and silver seller industry is one of the most rapidly growing in the world today. NIA is dedicated to ensuring that Americans get the most real money for their fiat money when making the most important investment decision of their lives. NIA believes it's important for Americans to receive their precious metals in a timely manner, as hyperinflation in the U.S. can literally break out overnight due to an unforeseen event taking place in one of our creditor nations.
Gainesville Coins has retained our "NIA 2010 Best Bullion Award". Gainesville Coins is the highest rated company in our review with a perfect 5 stars in all categories. Although Bullion Direct now has a slightly lower price for American Eagle gold coins and Canadian Maple Leaf gold coins, Bullion Direct charges a 4% credit card transaction fee compared to Gainesville Coins' credit card transaction fee of 2.75%. This means for those ordering online, Gainesville Coins is still the cheapest for American Eagle gold coins and Canadian Maple Leaf gold coins. Gainesville Coins by far has the lowest prices for South African Krugerrand gold coins and 1 oz .999% pure silver bars. NIA members who make a purchase on Gainesville Coins can now receive an automatic $5 discount on their order by applying the following coupon code in their shopping cart: 'NIAUS' (NIA does NOT earn any kind of a referral fee).
NIA has added two new companies to its review: Provident Metals and Westminster Mint. NIA has also updated the reviews of previously reviewed companies.
We upgraded Bullion Direct's pricing rating by 1/2 star to 5 stars.
We upgraded Blanchard's pricing rating by 1 1/2 stars to 4 stars.
We upgraded Goldline's pricing rating by 1 star to 3 stars.
We upgraded Kitco's pricing rating by 1 star to 3 1/2 stars.
We downgraded Kitco's customer experience rating by 1/2 star to 2 1/2 stars.
We upgraded Golden Eagle Coins' pricing rating by 1/2 star to 4 stars.
We upgraded Monarch Precious Metals' selection rating by 1/2 star to 4 1/2 stars.
We downgraded Monarch Precious Metals' pricing rating by 1/2 star to 3 1/2 stars.
We upgraded Lear Capital's pricing rating by 1/2 star to 4 1/2 stars.
We downgraded Northwest Territorial Mint's pricing rating by 1/2 star to 3 1/2 stars.
We downgraded APMEX's pricing rating by 1/2 star to 3 1/2 stars.
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