Midas Gold Group Review

August 21, 2023
Written by Peter Anderson

Looking to invest in precious metals? Look no further than Midas Gold Group.

With almost two decades of experience, Midas Gold Group is a trusted and reputable company that offers a wide range of services for individuals interested in investing in gold and other precious metals.

From educational resources and market charts to assistance with starting a precious metals IRA, Midas Gold Group provides all the tools you need to make informed investment decisions. They even offer free shipping and insurance for most purchases, as well as secure storage solutions through their collaboration with Brinks.

With over $100 million worth of transactions in gold, silver, palladium, and platinum, Midas Gold Group has a strong track record that speaks for itself. Plus, they have an A+ rating with the Better Business Bureau.

So why wait? Start investing with Midas Gold Group today!

Disclosure: Some of the links in this article are from sponsors. The list below is an honest review gathered from thorough research, experience, and consumer-based feedback. 

Before we get started with this review:

We understand that choosing a company to invest with is an extremely important financial choice; good news for you, we have done all the research and digging in this field for years.

That being said, through our rigorous review process, we have compiled a list of our 5 top gold investment companies for 2022.

>>>Click HERE to Read Our List of the Best Gold IRA Companies in 2023.<<<

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Midas Gold Group Company Info

Looking for a trusted company to help you diversify your investments with Gold IRAs?

Look no further than Midas Gold Group, a leader in the precious metals industry for close to two decades.

With their extensive industry experience and commitment to customer satisfaction, Midas Gold Group is an ideal partner for those seeking to build strong precious metals portfolios.

Midas Gold Group stands out from other companies by prioritizing the interests of their clients over profits. They have been in the business since 2007 and are proud members of prestigious organizations within the industry.

The founding members of Midas Group have a rich history in precious metals dating back to the 1970s, making them experts in alternative ways to store wealth.

One notable aspect of Midas Gold Group is their dedication to providing educational resources. Their website offers informative materials such as price charts for different precious metals, enabling investors to make well-informed decisions.

Their customer support team is known for its effectiveness and prompt assistance.

Another advantage of partnering with Midas Gold Group is their transparent pricing comparison. This ensures that customers receive fair prices based on market value and quality of products.

If you're looking for a reputable company with years of experience in the precious metals industry, Midas Gold Group is an excellent choice.

Their commitment to customer satisfaction, extensive industry knowledge, competitive pricing, educational resources, and effective customer support make them a trustworthy partner in building your gold IRA portfolio.

Products and Services

With a wide range of precious metals and coins available, customers can easily find the perfect investment options at First National Bullion.

They offer various options for investors looking to purchase precious metals such as gold, silver, platinum, palladium, and even rare numismatic coins.

Whether you're interested in buying gold coins or gold bullion, First National Bullion has you covered.

In addition to their extensive selection of precious metals, First National Bullion provides educational resources on their website. Investors can access relevant materials and gain valuable insights into different types of metals to invest in. They also offer a free newsletter that provides updates on the market and valuable information for making informed investment decisions.

First National Bullion understands the importance of security when it comes to investing in precious metals.

That's why they offer free shipping and insurance for most purchases, ensuring that your investments are protected during transit.

For those looking to incorporate precious metals into their retirement plans, First National Bullion offers guidance through their retirement center. They provide resources and information on how to establish a self-directed IRA using precious metals.

This allows individuals to diversify their portfolios and hold tangible assets for added security.

First National Bullion offers secure storage solutions through collaboration with Brinks. This ensures that your precious metals are stored safely and securely if you choose not to take physical possession of them.

With their wide range of products, educational resources, free shipping and insurance services, retirement planning assistance, and secure storage solutions, First National Bullion is a reliable choice for individuals looking to invest in precious metals.

How to Buy from Midas Gold Group?

To purchase your desired precious metals and coins, all you need to do is follow these simple steps at Midas Gold Group:

  • Draft Your Portfolio: Midas Gold Group has a team of professionals with vast experience in trading precious metals and financial assets. They'll guide you in creating a portfolio that aligns with your investment goals.
  • Fund Your Account: You can fund your account through various modes of payment such as check, IRA transfer, or bank transfer. Midas Gold Group accepts different payment methods for your convenience.
  • Verify Your Order: After making the payment, the company's trading and compliance desk will review your order and provide any relevant information to ensure a smooth transaction.
  • Receive Your Order: Once the verification process is complete, you can expect to receive your order securely and confidentially within a few days. Midas Gold Group insures all shipments against damage or loss, providing peace of mind.

Investing in gold offers numerous benefits such as protection during times of economic uncertainty, portfolio diversification, and the potential for long-term value appreciation. 

When buying gold from Midas Gold Group, it's important to consider factors like pricing transparency, reputation of the dealer, and storage options for keeping your gold secure.

Diversifying your investment portfolio by including precious metals like gold can help safeguard your financial future against market volatility.

Midas Gold Group Reviews & Complaints

Despite the company's claims of being one of the most trusted precious metals dealers, there have been complaints from clients who feel they were deceived into unfavorable deals.

These customer testimonials raise questions about how Midas Gold Group handles certain issues.

Some clients have expressed dissatisfaction with the company's customer service, stating that their concerns were not adequately addressed or that they felt misled during the purchasing process.

Another aspect that has come under scrutiny is Midas Gold Group's pricing in comparison to other dealers in the industry. Some customers claim that they found better prices elsewhere for the same products.

This raises concerns about whether Midas Gold Group offers competitive pricing for their precious metals.

In terms of investment options, Midas Gold Group deals with a variety of precious metals including gold, silver, and palladium. However, some clients have complained about feeling pressured into specific investments without fully understanding the potential risks and benefits.

When considering working with any company in the precious metals industry, it is important to research their industry reputation thoroughly.

While Midas Gold Group has been in business for many years, these reviews and complaints suggest that there may be some areas where improvements could be made regarding transparency and customer satisfaction.

Before making any decisions regarding investing with Midas Gold Group or any other precious metals dealer, it's advisable to carefully consider all available information and conduct thorough due diligence to ensure a positive investment experience.

Midas Gold IRA

Clients have expressed concerns about the transparency and customer satisfaction of Midas Gold Group when it comes to their IRA options. 

However, there are several benefits to consider when it comes to a gold IRA with Midas Gold Group.

  1. Benefits of gold IRA: A gold IRA allows individuals to diversify their retirement portfolio by adding physical gold or other precious metals. This can provide a hedge against inflation and economic uncertainty.
  2. IRA investment options: Midas Gold Group offers various IRA investment options, including Traditional IRAs, Roth IRAs, SEP IRAs, and more. This allows individuals to choose the type of account that best suits their needs and financial goals.
  3. Tax advantages of gold IRA: Similar to other IRAs, a gold IRA can offer tax advantages such as tax-deferred growth or tax-free withdrawals in the case of a Roth IRA. This can help individuals maximize their retirement savings.

Setting up a gold IRA with Midas Gold Group is a straightforward process. Clients can work closely with their account manager who will assist them in rolling over existing retirement funds into a precious metals-backed IRA.

Midas Gold Group provides transparent pricing and charges based on the quantity and quality of precious metals purchased.

Diversifying one's retirement portfolio through a gold IRA can provide added security and potential for growth.

It's important for clients to carefully review all terms and conditions before making any decisions regarding their investments with Midas Gold Group.

Why Gold in Your IRA?

Imagine the security and peace of mind you'll have knowing that your IRA is backed by the stability and profitability of gold. Adding gold to your IRA has numerous advantages and economic benefits.

One of the key advantages is portfolio diversification.

Including gold in your investment portfolio, you're able to protect yourself from external factors such as political instability, credit contraction, and geopolitical tensions. Gold is known for its stability compared to other investments like the stock market and real estate.

It isn't easily affected by economic crises, making it a reliable asset.

Another benefit of having gold in your IRA is that it offers tangible assets.

Unlike stocks or bonds, which are just paper investments, physical gold provides a tangible asset that retains its value over time. This can be particularly beneficial for retirement planning as it adds an extra layer of security to your financial future.

Gold also plays a crucial role in diversifying your retirement portfolio beyond traditional investments like stocks and bonds.

As a tangible asset with intrinsic value, gold serves as a hedge against inflation and economic uncertainty.

Including gold in your IRA offers several advantages such as portfolio diversification, protection against economic uncertainties, and the security of holding tangible assets.

Adding this stable and profitable asset to your retirement plan, you can enhance your overall financial strategy while securing peace of mind for the future.

Gold IRA Rollover with Midas Gold

When you choose to rollover your IRA with Midas Gold, you can picture yourself confidently navigating the process of adding tangible assets to your retirement portfolio.

Midas Gold Group offers a comprehensive solution for gold IRA rollovers, ensuring that each step is handled seamlessly.

Here are some key benefits and aspects to consider when rolling over your IRA with Midas Gold:

  • Tax advantages: By moving your retirement funds into a self-directed IRA with physical precious metals, you can potentially enjoy tax advantages such as tax-deferred growth and the ability to make tax-free withdrawals during retirement.
  • Retirement planning: Adding gold to your IRA can be an effective strategy for long-term retirement planning. Gold has historically been a reliable store of value and has the potential to protect against inflation and economic downturns.
  • Precious metal storage: Midas Gold Group helps you select an insured depository company where your gold will be securely stored. This ensures that your precious metals are protected and gives you peace of mind knowing that they are in safe hands.
  • Investment diversification: Including physical gold in your retirement portfolio provides diversification beyond traditional stocks, bonds, and mutual funds. This diversification can help reduce risk and increase potential returns.
  • Economic uncertainty: Investing in gold through a self-directed IRA allows you to safeguard your retirement savings against economic uncertainty. During times of market volatility or geopolitical turmoil, gold has historically maintained its value or even increased in price.

With Midas Gold Group's expertise and guidance, you can confidently navigate the process of rolling over your IRA into a precious metals-backed self-directed IRA. Secure your financial future by considering the advantages of including tangible assets like gold in your retirement planning strategy.

IRA Custodians

Take control of your retirement savings by partnering with a trusted IRA custodian who'll ensure the security and compliance of your precious metals investments.

An IRA custodian plays a crucial role in managing and safeguarding your IRA assets.

One of the key benefits of having an IRA custodian is their ability to offer secured and insured storage for your precious metals holdings. This ensures that your investments are protected against loss or theft.

An IRA custodian is responsible for sending quarterly statements and evaluations to keep you informed about the performance of your IRA.

They also handle distribution requests, ensuring that you receive your funds when needed.

An IRA custodian must be licensed with the US government, demonstrating their commitment to following all legal requirements.

When selecting an IRA custodian, it's important to consider their fees and charges. Different custodians may have varying fee structures, so it's essential to understand these costs upfront.

An IRA custodian must adhere to strict regulations set forth by regulatory bodies. This ensures that they operate ethically and maintain the highest standards of professionalism.

Working with a reputable IRA custodian like Midas Gold Group, you can rest assured knowing that your retirement savings are in capable hands. Their experienced team will guide you through the process of opening an IRA account and assist you with any future transactions or distributions.

Pros and Cons

Consider partnering with a trusted IRA custodian to safeguard your retirement savings and ensure the security and compliance of your precious metals investments.

When it comes to choosing an IRA custodian, there are pros and cons to consider.

Here are some benefits and drawbacks:


  • Expertise: An experienced IRA custodian can provide guidance and expertise in managing your precious metals investments within an IRA.
  • Compliance: Working with a reputable custodian ensures that your investments comply with IRS regulations, avoiding any potential penalties or tax issues.
  • Security: A trusted custodian will have secure storage facilities, protecting your precious metals from theft or damage.
  • Convenience: Custodians handle administrative tasks such as record keeping, reporting, and required documentation, making it easier for you to manage your IRA.


  • Fees: Some custodians may charge fees for their services, which can impact the overall returns on your investments.
  • Limited investment options: Not all custodians offer a wide range of investment options beyond precious metals.
  • Lack of control: By working with an IRA custodian, you relinquish some control over the management of your investments.

It's important to weigh these pros and cons when selecting an IRA custodian. Consider factors such as reputation, fees, investment options, and level of control that align with your individual retirement goals.

Is Midas Gold Group a Scam?

Wondering if Midas Gold Group is a scam? Let's explore the truth about this company and what you need to know before making any investment decisions.

Midas Gold Group has a modest track record in the precious metals industry, and while they aren't considered the best choice for gold investments or IRA's, they aren't a scam.

It's important to consider their reputation in the industry, which may not be as strong as other companies we've reviewed on this website.

  • One aspect to evaluate is Midas Gold Group's customer support. 

While there's limited information available about their customer service, it's crucial for investors to have access to knowledgeable professionals who can provide guidance and assistance throughout their investment journey.

  • Another factor to consider is pricing transparency. 

It's essential for investors to have clarity regarding pricing structures when dealing with precious metals dealers. However, there isn't much information available about how transparent Midas Gold Group is in terms of pricing.

  • Evaluating Midas Gold Group's investment options and industry expertise is essential. 

Investors should carefully analyze the range of investment options available through this company and assess whether they align with their goals and risk tolerance. It would also be beneficial to research the experience and expertise of Midas Gold Group's team members in the precious metals industry.

While Midas Gold Group may not have the strongest reputation or offer extensive information on customer support, pricing transparency, investment options, or industry expertise compared to other companies in the market, they aren't considered a scam.

However, it would be wise for potential investors to conduct thorough research and consider alternative options before making any investment decisions.


Midas Gold Group is a reputable company that offers a wide range of services for individuals interested in investing in precious metals. They have gained the trust of many customers over the years with their transparent and trustworthy approach.

From educational resources to secure storage solutions, Midas Gold Group provides valuable assistance to investors. Their strong track record and A+ rating with the Better Business Bureau further solidify their credibility.

Midas Gold Group is a reliable option for those looking to invest in gold and other precious metals.

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