Patriot Trading Group Review

June 29, 2023
Written by Peter Anderson

Patriot Trading Group, a well-known precious metals investment firm, has gained attention in the financial industry for its comprehensive Precious Metals Program.

This article aims to provide an objective and informative review of Patriot Trading Group, evaluating its offerings, services, and potential drawbacks.

By adhering to an analytical approach, readers can gain a deeper understanding of the company's strengths and weaknesses as they consider their own investment options.

This article will discuss other coin options offered by the company and delve into the advantages and disadvantages associated with each option.

Readers will find detailed information on how Patriot Trading Group provides investment consultations to assist clients in making informed decisions based on their unique financial goals and risk tolerance levels.

Through these objective evaluations, prospective investors can assess whether Patriot Trading Group aligns with their investment objectives or if alternative options may be more suitable for their needs.

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. 

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Patriot Trading Group's Precious Metals Program

Patriot Trading Group's precious metals program offers an inclusive and accessible investment opportunity, allowing individuals of all income levels to gradually build their portfolio by investing a predetermined monthly amount in gold and silver, with no additional fees or charges.

This unique program enables customers to trade palladium for gold or gold for silver, providing them with the flexibility to diversify their investments within the precious metals market.

Pooling the invested funds from its clients, Patriot Trading Group becomes a high-net-worth buyer, which allows for bulk purchases of hard assets every quarter.

One key advantage of this program is that it eliminates set-up fees, cancellation fees, portfolio review fees, and management fees.

This makes it particularly attractive as it ensures that investors can focus solely on their investment growth without any financial burdens associated with traditional investment programs.

Unlike other investment options that have high minimum investment requirements, Patriot Trading Group's program permits investors to start building their portfolios with as little as $100 per month.

This makes it accessible to a wider range of individuals who may not have large sums of money readily available.

Patriot Trading Group provides its customers the freedom to choose between receiving their investments in the form of coins or bars. This level of customization adds another layer of control and security for investors as they can opt for either option based on their personal preferences and storage capabilities.

This unique approach puts each investor's wealth directly in their hands while ensuring transparency and flexibility in managing their precious metals investments.

Other Coin Options

In the realm of numismatic coins and IRA-eligible Gold American Eagles, potential investors have access to a diverse range of coin options that can evoke a sense of excitement and anticipation.

The Patriot Trading Group offers a limited but carefully curated inventory that includes gold and silver numismatic coins, as well as IRA-eligible Gold American Eagle coins.

For those looking to invest in gold, there are various options available such as gold bars and gold coins.

These options provide investors with the opportunity to diversify their portfolio and potentially benefit from the long-term stability and value of precious metals.

Silver coins are another popular choice for investors interested in precious metal investments.

With their lower price point compared to gold, silver coins offer an affordable entry point for those looking to add tangible assets to their investment portfolio.

Silver bullion is often seen as a more accessible option for individuals who may not have significant financial resources but still want exposure to the precious metals market.

When considering investing in precious metals through Patriot Trading Group's program, it is important for potential investors to carefully evaluate their goals and risk tolerance.

While numismatic coins can hold historical significance and aesthetic appeal, they may not always provide the same level of return on investment as more traditional bullion products.

It is crucial for investors to thoroughly research each coin option before making any purchasing decisions.

The Patriot Trading Group offers a range of coin options that cater to different investor preferences and objectives.

Whether one is interested in acquiring rare numismatic pieces or seeking long-term stability through IRA-eligible Gold American Eagles, there are opportunities available within this program. 

Considering factors such as personal financial goals, risk tolerance, and market conditions, potential investors can make informed decisions about which coin options align best with their investment strategies.

Investment Consultations

Investment consultations provide valuable opportunities for individuals to gain insight and guidance from industry experts, allowing them to make informed decisions about their investment strategies and potentially maximize their returns.

Companies like Patriot Trading Group offer investment consultations as part of their services, providing clients with the chance to meet with experienced professionals who can offer valuable advice on precious metals investing.

These consultations can be particularly beneficial for investors who are new to the market or looking to expand their portfolios.

During an investment consultation, clients can expect to receive personalized recommendations based on their financial goals and risk tolerance.

This one-on-one interaction allows investors to ask specific questions and receive expert insights tailored to their individual circumstances.

Tapping into the knowledge and expertise of professionals like Joe Jaquint, founder of Patriot Trading Group, clients can gain a deeper understanding of the various factors that may impact the performance of bullion investments.

Investment consultations also play a crucial role in building trust between companies and investors.

Offering these personalized sessions, companies demonstrate a commitment to educating their clients and helping them make informed decisions. Investors can rely on these consultations as a reliable source of information as they navigate the complex world of precious metals investing.

By actively seeking out reviews from satisfied clients or checking reputable review sites, potential investors can further verify the credibility and effectiveness of investment consultations provided by companies like Patriot Trading Group.

Investment consultations offered by companies such as Patriot Trading Group provide a valuable opportunity for investors to gain insight and guidance from industry experts.

These sessions allow individuals to make informed decisions about their investment strategies while maximizing potential returns in the precious metals market.

Seeking out reputable review sites and testimonials from satisfied clients, prospective investors can ensure that they are engaging with trusted professionals who have a proven track record in delivering quality advice during these consultations.

Special Features of the Patriot Trading Group

One notable aspect of the company's operations is its strict adherence to privacy rules and practices, ensuring that client information remains confidential and protected.

Patriot Trading Group takes pride in its commitment to customer privacy by implementing a no-cold calling policy among its staff and refraining from selling customer contact information.

This approach has earned the company positive reviews and a high customer rating over its 26 years of doing business.

Prioritizing privacy, Patriot Trading Group establishes trust with its clients, who appreciate the protection of their personal information. In addition to its emphasis on privacy, the Patriot Trading Group offers excellent customer service and competitive rates.

The majority of the company's sales come from repeat customers, indicating a high level of satisfaction with their services. Clients value the expertise and guidance provided by Patriot Trading Group's knowledgeable team during investment consultations.

With a focus on precious metals programs and gold IRAs, the company helps individuals diversify their portfolios into safe haven assets.

Patriot Trading Group stands out for its ability to provide safe haven diversifications at competitive rates. 

Offering a range of precious metals options such as gold, silver, platinum, and palladium, clients have access to various avenues for safeguarding their wealth against economic uncertainties.

The company ensures transparent pricing and strives to offer competitive rates within the industry.

This combination of exceptional customer service, competitive rates, and safe haven diversifications positions Patriot Trading Group as a reliable partner for individuals seeking secure investment opportunities in precious metals.

Patriot Trading Group distinguishes itself in the market through its strict adherence to privacy rules and practices while providing excellent customer service at competitive rates.

Its commitment to protecting client information has garnered positive reviews from satisfied customers over many years in business.

The company offers safe haven diversification options through various precious metals programs like gold IRAs.

With these special features in place, Patriot Trading Group continues to serve as a trusted partner for individuals looking for secure investments in precious metals.

Red Flags for Patriot Trading Group

A potential concern regarding Patriot Trading Group arises from its choice of GoldStar Trust Company as the custodian for its gold IRAs.

While GoldStar Trust Company is a subsidiary of Happy State Bank & Trust Company, which has a longstanding business history and decent BBB rating, it is important to note that the bank's rating does not necessarily reflect the quality of services provided by GoldStar Trust Company specifically.

With 15 complaints filed against the bank in the past three years, it raises questions about the level of customer service that can be expected when dealing with them for gold IRA management.

Another red flag to consider is the issue of storage fees.

As per IRS regulations, gold purchased through a gold IRA must be stored in a facility that meets specific safety measures. It is essential to determine whether any additional storage fees are associated with storing precious metals in secure storage facilities.

These fees can potentially eat into investors' returns over time and should be taken into account when considering Patriot Trading Group's investment options.

While there have been no reported issues or complaints specifically related to GoldStar Trust Company's services provided through Patriot Trading Group, it is crucial for potential investors to thoroughly research and understand all aspects of their chosen custodian before committing funds.

This includes examining customer ratings and reviews, clarifying any storage fees or charges associated with secure storage, and ensuring compliance with IRS regulations regarding gold IRA management.

The Other Patriot Trading Group Raises a Red Flag

The conflicting information provided by Lori Cedarstrom's gold, silver, platinum, and palladium business raises a red flag regarding the credibility and consistency of their claims.

On one hand, the website of this Patriot Trading Group states that Eric Cedarstrom founded the business and his family continues to own and operate it.

However, there are discrepancies with this statement as other sources such as the BBB, Yelp, and GoldStar Trust Company provide contradicting information.

These conflicting accounts create doubt about the authenticity of their claims and raise concerns about transparency within the company.

One concerning aspect highlighted on another Patriot Trading Group website is its lack of storage services for gold owned by private clients. This contradicts typical practices in the precious metals investment industry where reputable companies often offer secure storage options for their clients' assets.

The fact that this other website explicitly states that they do not store gold for private clients raises questions about the reliability and integrity of their operations.

It suggests that investors may need to independently find suitable storage solutions for their purchased metals, which adds an additional layer of complexity to their investment process.

It is worth noting that this alternative Patriot Trading Group website does not offer online sales but instead directs potential investors to call a specific phone number to obtain a 'lock-in trade number.'

This departure from conventional online trading platforms further contributes to the overall questionable nature of this particular operation.

Investors looking for a reliable precious metals investment company may consider these inconsistencies as red flags when assessing the credibility and trustworthiness of Patriot Trading Group before making any financial commitments.

Is Patriot Trading Group a Scam?

The previous subtopic discussed a potential red flag related to another company with a similar name as Patriot Trading Group.

Based on the background information provided, it is clear that the real Patriot Trading Group, also known as Patriot Trading Metals Group, LLC, does not engage in scams or fraudulent activities.

The company has been in business for 26 years and became accredited by the Better Business Bureau (BBB) in 2014. Customers have not reported any complaints or negative experiences with Patriot Trading Group.

Its BBB profile shows an 'A+' rating, indicating a high level of customer satisfaction and trustworthiness.

The company's Yelp profile reveals a five-star rating and positive reviews from customers. This indicates that customers find the services provided by Patriot Trading Group to be reliable and trustworthy.

Patriot Trading Group specializes in metals trading, particularly gold bullion. They offer appraisal services and maintain normal business hours at their Arizona office.

While they are closed on weekends, investors can still make online purchases during this time. The company provides multiple methods of direct contact through phone numbers, fax number, email contact form, and website.

Based on the available information and positive customer reviews, there is no evidence to suggest that Patriot Trading Group is involved in any scams or fraudulent activities.

As a reputable precious metal advisor specializing in gold bullion trading with secure storage options available for investors' peace of mind such as GoldCore Ireland, they have established themselves as an honest and trustworthy organization within their industry.

Pros and Cons

Pros

One advantage of the Patriot Trading Group is its long-established presence in the industry, providing customers with a sense of stability and reliability.

With years of experience, the company has built a reputation for being dependable and trustworthy.

This is particularly important when dealing with investments like precious metals, where clients want to ensure their assets are secure.

When it comes to educational resources, Patriot Trading Group offers free materials that can be valuable for individuals looking to learn more about investing in precious metals.

These resources allow customers to make informed decisions about their investments and stay updated on market trends. The company provides services such as gold accumulation programs and precious metals IRAs, which can be beneficial for those interested in diversifying their investment portfolios.

Another positive aspect of Patriot Trading Group is its commitment to protecting clients' privacy. In an era where data breaches and privacy concerns are prevalent, this level of safeguarding is essential for customers who want to keep their personal information confidential.

And, the company partners with GoldCore Secure Storage Services, which further enhances security measures by offering secure storage solutions for clients' precious metal holdings.

Cons

While there are advantages to working with Patriot Trading Group, it's important to note some limitations as well. The company does business with a bank that reportedly has terrible customer service.

This could potentially impact clients' overall experience if they encounter issues or need assistance during transactions or account management processes.

Another drawback is the limited coin selection offered by Patriot Trading Group compared to other precious metal providers in the market. Customers who have specific preferences or desires may find themselves constrained by these limitations when purchasing coins through the company.

Patriot Trading Group offers several benefits such as its long-established presence in the industry, free educational resources, gold accumulation programs, and partnerships that prioritize client privacy protection through secure storage services.

It's crucial for potential customers to consider factors like limited coin selection and reported issues related to customer service before making a decision about whether to work with the company.

Conducting further research and seeking professional advice can help individuals make a well-informed choice that aligns with their investment goals.

Conclusion

Patriot Trading Group offers a comprehensive precious metals program that caters to investors' needs. With a wide range of coin options and investment consultations, they strive to provide their clients with the best possible service.

The special features they offer, such as secure storage and IRA services, further enhance their appeal in the market.

However, there are certain red flags that potential investors should be aware of.

The presence of another Patriot Trading Group raises concerns about brand confusion and credibility.

Some customers have reported issues with delivery delays and customer service.

While Patriot Trading Group has its strengths in terms of its precious metals program and special features, it is important for investors to exercise caution before engaging with the company.

Conducting thorough research and seeking professional advice can help mitigate any risks associated with investing in precious metals.

It is advisable to approach Patriot Trading Group with skepticism and weigh the pros and cons carefully before making any investment decisions.

Patriot Trading Group presents itself as a reliable option for those interested in investing in precious metals.

Potential investors should be cautious due to some red flags raised by customers regarding delivery delays and customer service. It is crucial for individuals to conduct thorough research before engaging with this company or seek professional advice to ensure a smooth investment experience.

While Patriot Trading Group may not be perfect, it still offers valuable services such as secure storage and IRA options that can benefit investors looking for alternative investments.

Ultimately, it is up to each individual investor to weigh the pros and cons objectively before deciding if Patriot Trading Group is the right fit for them.

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