juan b.

I have been a member for10 years. I came across quite a few reviews on how bad Goldmoney was because they would not give you your money, you could not withdraw, etc. The reviews say that they ask you for a ridiculous amount of forms which is a ploy so that they can keep your money. I started to get worried because I have a good chunk of my savings there. So I went and for the first time ever sold some gold to try it out. They asked me for 1 document that had my current address on it. I sent it, it took two days and I received an email that I was now able to withdraw my funds. This is the KYC I think it's called that everyone was complaining about. Really? I seriously do not understand what all the complaining is about. It was as simple and quick as can be. As for the fees for buying and selling, I think they are great. I estimated that all in they charge about 5-6% premium for silver. Try finding that premium anywhere else. As I speak, silver spot is around $19 and silver eagles are at $33 at any online store. Maples are at $27. That is around 60 to 70% in premiums! There are always haters. I am very happy with Goldmoney and will continue to use them and recommend them.