Before we get started with this review, I would like to warn you guys about the latest gold IRA scams going around in the market right now. Multiple companies have been taken down by the authorities for being scams.
Noble Gold Lawsuit: All You Need to Know
I found one case that Noble Gold was involved in while I was researching this piece. It’s been over 6 years since then.
This case talks about Noble Gold Ltd, which is not the same as Noble Gold Investments, which is a gold IRA business. This business, is not a gold IRA business.
They are two very different companies.
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The only other case Noble Gold Investments (the company that runs gold IRAs) have been in is right below the picture.
Notice how the lawsuit is based in Singapore. It is not related to Noble Gold Investments, the gold IRA company.
Golden Bull, LLC v. Elliott
Note: Golden Bull, LLC, a California limited liability company that does business as My Noble Gold Investments, is the applicant in this case.
On Monday, lawyers from the company Lewis Roca Rothgerber Christie filed papers to move a case from a state court to a federal court in the Central District of California. The people who are suing are Golden Bull LLC, which does business as My Noble Gold Investments. Evan A. Clark, an attorney, is their lawyer.
The case names Kirk M. Elliott and other nameless defendants and says they are guilty of tortious interference with business and defamation. A person named Lawerence Torres has an advertising deal with Golden Bull that only they can use. Golden Bull wants the court to tell the defendants they can’t do business with Torres without following the terms of the deal.
The case number in federal court is 2:23-cv-06190. The case is called Golden Bull, LLC v. Elliott et al. This is about the case that Golden Bull filed against Kirk Elliott and other people.
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Is Noble Gold Investment a reputable Gold IRA company?
Noble Gold Investments is a reputable organization that specializes in gold IRA services. Despite being established as recently as 2016, this firm has quickly established an excellent reputation among its consumers. Many Americans have already expanded their retirement savings with the assistance of this organization.
Noble Gold Investments has a commendable standing on many consumer watchdog websites.
The BBB rating is 4.99 out of 5, ConsumerAffairs rating is 5 out of 5, TrustPilot rating is 4.6 out of 5, and Trustlink rating is 5 out of 5.
Top Noble Gold Competitors:
1) Augusta Precious Metals (Best For Investments Over $50,000):
Augusta Precious Metals is a gold IRA provider renowned for its commitment to education and first-rate customer support. Reliability and responsiveness have been hallmarks of Augusta Precious Metals, which has been awarded an A+ rating by the Better Business Bureau since 2012. Customers routinely rate Augusta with five stars on Trustpilot, complimenting their friendly advisors who walk investors through every stage of the procedure.
One of Augusta’s standout features is its competitive all-in pricing with no hidden fees. This transparency sets them apart from other gold IRA providers. They also provide a complimentary Gold IRA guide to help investors diversify their portfolios confidently.
Here’s an overview of Augusta Precious Metals’ ratings:
- BBB: A+ rating with 109 reviews
- TrustLink: 5/5 stars with 283 reviews
- BCA: AAA rating with 95 reviews
- Google Reviews: 4.9/5 stars with 294 reviews
- Consumer Affairs: 4.9/5 stars with 129 reviews
Augusta’s unique, free one-on-one educational web conference designed by Augusta’s on-staff, Harvard-trained economist (A must-attend)
Get Augusta’s free educational Gold IRA Guide.
2) GoldenCrest Metals(Best For Beginners):
GoldenCrest, which will launch in early 2024, aspires to establish a new benchmark for integrity and trust in an industry that has recently been plagued by scandal. The company’s pricing clarity and completely non-pushy sales approach have already resulted in the acquisition of a considerable number of new clients in a very competitive field.
GoldenCrest, which specializes in gold retirement, is committed to assisting customers in developing retirement portfolios that are safeguarded against the risks of an unstable global financial system. They also provide a variety of diversification and market-hedging products.
Get their free educational Gold IRA Guide.
3) GoldCo (Diverse Selection):
A comprehensive provider of precious metals, Goldco provides a large selection of products made of gold, silver, platinum, and palladium. They are also experts in assisting customers with setting up gold individual retirement accounts.
4) JM Bullion (Individual Coins & Bars):
If investors are searching for a more affordable pricing on precious metals, JM Bullion is an excellent choice. They also provide a large selection of items.
5) Lear Capital (Detailed Testimonials):
For those who are new to investing in precious metals, Lear Capital is a wonderful option. They promise that using their goods and services will not result in any risks.
Noble Gold Complaints: What do Their Clients Say?
Noble Gold Investments is one of the biggest gold IRA companies in the industry. Although they have received hundreds of positive reviews from
Here’s a complaint by Katie. The customer service did not meet the user’s expectations. The user had high expectations for the company, but unfortunately, they were not met. Despite numerous attempts to contact, there were no responses received. Due to the unsatisfactory service received, the user has decided to close their account with Noble Gold and will not be endorsing the company to others.
Similarly, here’s another Noble Gold complaint:
Here, the reviewer says that there is a lack of concrete legal documentation from Noble Gold or Equity Trust to substantiate the existence of a 401A precious metal IRA. This is a straightforward and factual observation.
After more than 8 months since retirement, the entire structure seems to be in disarray, making it impossible for them to update an address. Any offer of a free coin(s) is never sent, plain and straightforward. Furthermore, the concern arises from the way Noble Gold manipulates reviews by using advertisements.
Also, the reviewer says that it is an organization that specializes in providing excuses for various situations. What is the reason for the failure? Where is the response located? One might consider going to GoldCo for potentially better results, despite their higher fees.
The Noble Gold review below highlights that the customer suffered a significant loss in 6 months. However, that’s not an issue related to the company is concerning the overall market.
Similarly, this reviewer complains about the market but blames it on the company:
Here, the reviewer says that upon receiving the first quarterly statement, it is evident that the total value has decreased by $7,000. When asked about it, Noble seemed unsure of the reason but requested to be informed of any findings. It appears that the value on the statement reflects a “melt down” value rather than the actual spot price value. The user had never heard that mentioned by Noble prior to setting up their account. Informing people of what to expect would provide them with a significant advantage. He suggests improving the visibility of the balance in actual cash value and providing clear updates on whether it’s increasing or decreasing. He wants the account balance sheet explained in simple terms.
More Noble Gold Reviews:
While there are a few complaints against this company, the number of positive reviews outshines them.
Here are a few of the hundreds of reviews this company has received:
In the review below, the reviewer highlights that Micah guided them through the process in a reassuring and transparent manner, understanding the significance of their savings and ensuring their peace of mind throughout the transaction. Noble Gold then proceeded to observe the process as it unfolded, further solidifying our confidence in the decision made.
They are seeking consistent returns on their investment over time.
Sylvia says that Mandi and their team were exceptional! The advice given was reliable and respectful, without any hint of being forceful. The support team was always available whenever there was a question, and their communication exceeded our expectations. The Noble Gold team comes highly recommended for all metal IRA transactions.
In the above review, the client says that working with Mandi Carlson was an exceptional experience that left a lasting impression. The process was explained in a clear and concise manner. The user felt comfortable with their decision to invest. They are excited about expanding their investment portfolio to include more silver and gold.
Certainly, there are a ton of positive Noble Gold reviews online.
Noble Gold Lawsuit, Complaints and Reviews Summary
I hope you found this guide on Noble Gold Investments complaints, lawsuit and reviews helpful.
By the way, if you have over $100k in your IRA, this company will give you a free gold coin of your choice.
If you have less than $50k in your IRA, I personally recommend you work with Preserve Gold, they are also offering free precious metals worth $25k with qualified purchases.