In this article, we will review Oakhurst Metals. They are an investment company that specializes mainly in wealth and asset protection. For a long time, precious metals such as gold and silver have been used to safeguard assets from volatility and other unexpected fluctuations.
Company: Oakhurst Metals
Founder: Damien Moran
Price: Depends on your investment, no fees on display (see further down)
Who is it for? Precious metal investors, retirees
Overall rating: (3.8 / 5) (just below average)
Important to mention (before we go into more details of this review)
We strongly recommend doing your research online before choosing a company to invest in. There are so many reviews online of clients being ripped off and scammed. So please investigate thoroughly and compare different alternatives before you make your decision.
One example: 99.9% of companies got “pushy” salespeople trying to stress you into acting fast.
Here is the thing, the #1 Recommended Gold & Silver IRA Dealer on our top-5 list got No-salesy representatives… So they won´t bother or terrorize you with phone calls.
You are a smart person, so I am sure that you understand the benefits of dealing with such a company instead, right?
+They got a couple more benefits you might appreciate as much as I do. You will understand yourself once you have visited the page (link) above.
==> See our Top-5 List of Precious Metals IRA Companies on this page <==
With that being said, let´s continue with the review on Oakhurst Metals!
What is Oakhurst Metals?
Oakhurst Metals is a gold investment company with many years of experience in wealth and asset protection. They are there to ensure that their clients get all the help they need whenever they convert their current IRA, 401(k), or 403(b), into a gold IRA.
Their retirement investment funds stay protected, and they also get to invest better into their retirement. The company also offers the direct purchase of precious metals to collectors, investors, and other financial specialists.
You can always buy directly from them and get the precious metals in their physical form delivered right to your home or office. They have an extensive selection of precious metal products, which means that getting gold to keep in your home is simple with the company.
As such, having a partner that knows about the use of gold and silver as asset protection is essential. They will provide you with the advice you need to make better investment decisions and ensure that the value of your assets does not get affected by political and economic volatility.
They also offer a gold IRA, which is an excellent retirement investment that can be used to use the strength of gold to grow and protect your wealth. When you are planning for retirement, investing in gold is often the best means of preserving the value of your assets over a long period.
They also provide you with the assistance and guidance you need to roll over your assets into a gold IRA and not have to incur any penalties or fees. Their experience makes them a reliable gold investment company to work with. You can put it into good use whenever you want to invest in gold for your retirement or other purposes.
Address: 6310 San Vicente Blvd Suite 300, Los Angeles, CA 90048, United States
What products do they offer?
The company offers its clients different physical precious metal products for direct purchase or investment into an IRA. These include IRA approved gold and IRA approved silver, and other precious metals as well. They are usually made available in various forms like bars, bullion, and even coins.
As such, you have a wide selection of precious metals to choose from whenever you need to invest or purchase. They have dedicated their services to ensure that their clients do not lose their wealth or assets in an economic downturn, and as such, you can trust them to be there for you when you need them the most.
Whenever you need to invest in gold, this is the one company that will be there to guide you into the investment process and ensure that you are getting the best protection for your assets. They are a leading provider of wealth and assets protection services, and as such, they can be relied upon to keep all your investments safe and secure.
With your hard-earned wealth in the right place, you will be safe and secure, knowing that you will not lose it all overnight. Even when the current economic and political scenario looks impossible, you will still be able to get the value you have invested in your assets many years later.
How to get started?
Getting started with Oakhurst Metals is quite simple, given the company’s excellent customer service. You can start by going to their website and looking through the different offered products.
On the website, you will also get a free guide that can provide you with more education and information about investment in precious metals and what you should keep in mind when you are about to invest. The guide could be quite helpful for investors who want to open a self-directed IRA account for their retirement.
This will also provide some background into the company, and what they have been doing in the many years they have existed. Additionally, staying informed from the start to the end is crucial to keeping your assets protected. It will ensure that you can make sound investment decisions and get the best return on your investments.
Once you have fully read up on the guide, you will be better prepared to start the gold investment journey with the company. The next stage should be to reach out to them through their contact page or the handy chat option available on top of every page on their website.
A customer support specialist will get in touch with you and provide you with the guidance that you need to open a gold IRA account. If you would like to purchase physical gold and have it delivered to you, they will also be ready to help you get through the purchase process.
They will also provide you with the forms you need to complete to open an account or purchase from the company. This will only take a matter of hours or even minutes if you have all the information ready, and once you have filled out the forms, they will take over from there and enable you to get the investments you need to make.
Oakhurst Metals Gold IRA?
Yes, as already mentioned, Oakhurst Metals offer precious metals IRA services to their clients. That is a good thing of course, as a gold IRA have many benefits, for example tax advantages and as a hedge against inflation and crisis in general.
What IRA custodians do they work with?
I tried to find info on their website on what IRA custodian (or custodians) they have partnered with, but could not find any info about that, at all, and that is a minus. So in order to know that one would have to reach out to Oakhurst and ask.
What are the fees?
Unfortunately, the company has not made the fees and pricing structure available on its website. This is only available on request when opening a gold IRA account. This is another minus, I would like to see ALL fees clearly displayed on their website.
Important to mention here: It is crucial that you know exactly what fees you are going to have to pay before you sign anything. We have seen so many horror stories online of retirees getting riped off with so-called hidden fees, that they had no idea about before they got surprised with them, not a pleasant surprise… So please make sure that you know exactly what fees are associated before you sign anything, what you want from a company is 100% transparency.
**See my #1 Recommended Gold & Silver IRA Solution (100% transparent + work with ALL the major IRA custodians)
Can you sell back your precious metals?
No. They do not offer a buyback program for the precious metals you purchase from them.
Worth to mention: My #1 recommended gold & silver IRA solution offer you a “highest price buy back guarantee”
How good is their support?
Something I put a lot of weight on when it comes to the support system of a company is if they have a live-chat function on their website or not. Oakhurs have this and that is a plus, at least in my book.
They also got an e-mail address and a phone nr as well, so their support is great quality.
Is Oakhurst Metals a Scam?
So, is Oakhurst Metals a scam? No. The company is not a scam but a legitimate gold investment company. They got real owners and a real physical address. They would not have survived this long if they didn´t conduct legit business, right?
However, if they are your best alternative out there is a whole other story, and that leads us to, what the most well-known and trusted, independent consumer protection agencies have to say:
Oakhurst Metals reviews, complaint & ratings:
BBB (Better Business Bureau)
Rating: A+ (from 6 reviews + 3 complaints in the last 12 months) click for details (opens in new window)
Rating: (4.4 / 5) (from 22 reviews) click here for details (opens in new window)
BCA (Business Consumer Alliance)
Rating: A (17 reviews and 5 complaints + $130k in dispute) click here for details (opens in new window)
What can we make out of these results?
The consumer protection agency that I normally put the most weight on, when it comes to their ratings, is Trustpilot. The reason for that is that only real customers of a particular company can leave their tetimonials and reviews there. As you can see above Oakhurst have a good overall rating there, it is a bit above average atleast, however, only from 22 reviews, while other gold companies got hundreds of reviews there, and with a better overall score as well.
Other than that Oakhurst have the highest BBB rating and a good rating on BCA as well, we did find some complaints though…
Any complaints & red flags?
Even if the overall rating of a company looks good it is many times possible to still find complaints. Keep in mind that it is very hard for ANY company to make everyone happy all the time, especially if you have been in business for 10+ years like Oakhurs have. However, if the complaints starts to get a bit to many, and a bit to serious you might want to be extra cautious.
Below are 2 examples (from the Trustlink website) on a couple of the complaints we found:
We also found a dispute over $130k on the Trustlink site from a “not so happy” client and some other complaints as well, but the dispute plus the 2 example complaints above are probably the ones to consider the most serious.
Again, even Mother Theresa had haters, right?
Are there better alternatives out there?
In my opinion, yes! You need to know that there are gold companies with HUNDREDS of positive reviews on Trustpilot (and all of the above consumer protection agencies) though… So there are more impressive rated options out there.
**See Top-5 List of Best Rated Gold Companies (outside or inside IRA)
Oakhurst PROs & CONs
- Good customer services
- Quality gold and silver products
- They do not display fees or partnered IRA custodians
- There are some complaints to be found
Do you own or represent this company?
Are you the owner or a representative of Oakhurst Metals? Would you be interested in clarifying any of the details we have provided above or adding something? We will be glad to update the information and ensure that potential gold investors get the best impression of your company. The easiest way to contact us is by leaving a message in the comment section below, or simply by sending us an e-mail at: email@example.com
Final words & Verdict
Overall rating: (3.8 / 5)
Summary: Ok, I think that sums up the overall view of this company pretty good. Oakhurst Metals is a legitimate investment company focusing on wealth and asset protection. They also offer gold IRA and are a company with excellent and reliable customer support.
However, personally I miss some things, mainly the fee structure and what IRA custodians they work with? There is no info about these 2 things on their website.
Also, the complaints I found when analysing their rating score from the consumer protection agencies take down my overall rating as well.
So, a 3.8 out of 5 stars is my rating for now, this can, of course, change to a higher or a lower one as we try to update our reviews on this site as soon as something new comes up on the companies we have listed here.
Ok, now what?
First of all, you did a wise thing to read this review, and that say something to me about you, that you already know the importance of doing your due diligence and research before you make your moves, and that is great!
You are a smart person and I am absolutely sure that you will find the right company that suits your personal needs and goals the best, and that you feel comfortable doing business with. Just compare the different top-alternatives against each other and you will be fine.
Personally, I always recommend Goldco, as they are super professional in every aspect, and their representatives won´t rush you into anything as they are completely non-salesly. They are the fastest growing gold company in the last couple of years, they got the “highest price buy back guarantee + a couple of other benefits I think you will find interesting.
Not to mention, they are recommended and top-rated from more independent consumer protection agencies than any other company in the industry.
==> Learn more about my #1 Recommended Gold & Silver Investment Company
==> See my Top-5 List of Gold & Silver Companies (inside or outside IRA)
I hope you found this short review on Oakhurst Metals to be helpful and that you now have a better idea on what it is and if it is something for you or not. Please share your own experience with the company in the comment section below as it can help others! Also, if you got any questions about this I would be more than happy to answer them below!
I wish you the best! (and plenty of success)
Michael, founder of Gold Retired
J Harrison says
FRAUD = Oakhurst Metals 2022
I’m still missing 104 each / units 5 oz Silver Bullion America the Beautiful from
OAKHURST METALS – Michael Gavyn O. 888-260-4749 Google voice. 626-586-3383 Damien Moran, Mia Thompson and Joseph Rickard these are the employees that are part of this ongoing FRAUD. Silver, America the Beautiful Bullion Coin, 2021 Tuskegee Airmen National Historic Site – 5-oz Attached is an actual screen shot of my OAKHURST METALS account reflecting 165 each / units that doesn’t match Forge Trust. Legal action is being taken at this point; I will update Forge Truth if any changes happen. Please let me know if Forge Trust has any legal action pending for OAKHURST METALS as I would like to discuss with your legal team, if any. Forge Truth has canceled ALL customer accounts affiliated with Oakhurst metals.
m. 702-349-5770 email – firstname.lastname@example.org
First of all, thank you for your comment.
Looks like you have had a bad experience with the company and it is great that you share it here, as others will see it as well.
Not sure if I missunderstand but we are not representatives for Forge Trust in any way, we have reviewed that company on this site though, just use the search bar and you will find the review we have written about that company.
I really hope your problem will be resolved, please feel free to come back here with any update on your situation?
Thank you again,
I found your review very misleading for the public. To say they are not a scam is completely false. The fundaments of a gold and silver broker is to deliver on what they promise. I.e. I give you money and in return you give me gold and silver. They have the money part down. They take the money and then never deliver the gold and silver. That is called fraud, that is called a scam, that is called stealing. Show me any true legit clients they didn’t lose everything. Read between the lines, all of the positive reviews are made up by the employees or owners. Please rereview this company and its owner. I think if you did the research I have done you will see it as a scam. Unless your real name is Michael Gavyn than I understand.
Thank you for your comment and for sharing your view and experience, it is very appreciated.
Here is the thing, even if I would like to call a particular company a scam, I never do that anymore, I got my reasons, it is a dirty business to say the least… In the past I have called certain companies a scam, and I learned from those experiences to not do that, at least not in public… I explain more about this in the newsletter.
Thank you again,
Thomas Wright says
Understand your stance on not calling a company a scam publicly. Again this article is missing leading starting with the title of “What is Oakhurst Metals- a Scam?”. The fact that you go through some red flags which I appreciate and then come to the conclusion it is not a scam is miss leading. With everything out there publicly about this company you stating this is not a scam works as an endorsement in the public domain. I would be very careful endorsing these fellows….You have a lot more to lose with a said or unsaid endorsement of them. At the end we may never know if this is a scam or just pure incompetency. They are preying on elder retirees and taking their money using scare tactics on the market and inflation. There is a special place from them.
Thank you for your comment.
Understand what you mean, however, I am absolutely not endorsing (or recommending) this company,
I only recommend a few gold companies as you can see in the top-menus.
Thank you again for your feedback,
understand what you mean, I really do.
S Kemplin says
Please see the attached document showing that on June 11, 2021, Forge Trust sent $10,681.75 to Oakhurst Metals in care of Damien Moran to purchase precious metals. My account was originally set up on 4/30/2021 by Michael Gavyn. I have closed my IRA with Forge Trust. They are sending a check for the remaining balance with them after deducting their various charges. They also facilitated having Delaware Depository Service Company shipping to me the inventory they showed that Oakhurst Metals had placed with them as purchased by Oakhurst Metals as a portion of the $10,681.75. Please note that Michael Gavyn stated that the coins in the inventory were purchased at the rate of $24.00 per ounce. The inventory consisted of: (1) 10 Silver American Eagle, 1 ounce, 2009; and (2) 100 Silver Bullion Round, Rose Crowned Shield Guinea, 1.25 ounce. A recent valuation as requested by Forge Trust showed: $26.00 per coin for the 2009 Silver Eagles ($260.00) plus $25.00 per coin for the Rose Crowned Guineas ($2,500.00). Given that the coins sent to me are valued at approximately $2,760.00 and that $10,681.75 was originally given to Oakhurst Metals, there is approximately $7,921.75 that remains in the possession of Oakhurst Metals. Please advise whether you will be sending a check for the remaining balance or is coins will either be shipped to me at my home address in your records or will be available for me to pick up in Addison, Texas as originally stated by Michael Gavyn.
This e-mail was sent to INFO @OakhurstMetals.com
First of all, thank you for your comment!
More so, thank you for sharing your experience with this company, that´s ghreat that you do as it can help others.
There cannot be an attachment inside a comment, so please feel free to send us the attachment through e-mail (email@example.com) and we can include it in the review on this page, so others are able to see it?
Again, thank you for your comment.