Bullionite Asset Group is a California-based alternative asset firm that helps investors move retirement funds into physical gold, silver, real estate, and cryptocurrency through self-directed IRAs.
The company was known as Blackstone Commodity Group for close to a decade before rebranding under its current name in 2025. Its Chief Investment Officer, Mukarram Mawjood, has traded global markets for more than 15 years and runs the firm’s investment strategy out of offices in Newport Beach and Orange County, California.
This review looks at what Bullionite Asset Group actually offers, how its fee structure and custodial relationships compare to the rest of the precious metals IRA industry, and what current market conditions mean for anyone considering this type of account right now.
Key Takeaways
- Bullionite Asset Group uses Equity Trust and STRATA Trust as third-party custodians, a structure common among reputable self-directed IRA firms.
- Gold traded near $4,055 per ounce and silver near $58 per ounce in late July 2026, with silver up roughly 52% year over year.
- The company has no independently verifiable BBB or Trustpilot profile as of this writing, so reputation claims rest mostly on the firm’s own testimonials and press coverage.
Who Runs the Company
Mukarram Mawjood founded the firm and serves as its Chief Investment Officer. He has lived and studied in Asia, the Middle East, and the United States, and he traded through the 2008 financial crisis and the gold rally that followed it from 2008 to 2011.
He also lectures as a guest instructor at UCLA Extension on commodities and alternative investments, and he founded a youth investing competition called The Young Trader of the Year for participants aged 16 to 22. According to the company’s site, the leadership team and its strategic partners bring more than 50 years of combined trading experience.
The rebrand from Blackstone Commodity Group happened in 2025. In an interview with Mission Matters, Mawjood explained the name change came alongside a shift in how the company approaches client education, tying the new name to its coaching arm, which is called Bullionite.
That coaching side isn’t just a marketing add-on. It runs alongside the asset management side, offering behavioral coaching and risk management training for clients who also want to learn how to trade on their own.
What the Company Actually Offers
Bullionite Asset Group operates in four main lanes: precious metals IRAs, crypto IRAs, real estate IRAs, and general self-directed IRA setup for clients who want to hold alternative assets outside the account types Wall Street firms typically offer. The self-directed structure lets an investor choose specific gold coins, silver bars, or crypto assets rather than settling for a fund that tracks them indirectly.
For custody, the firm splits responsibilities across two providers. STRATA Trust holds precious metals, and Equity Trust holds cryptocurrency and other alternative assets. Splitting custodians this way is standard in the industry, since few single custodians handle both physical metals and digital assets under one roof.
The website also lists a program called Yankee Stacking, described as an “exclusive” opportunity requiring a contact form submission rather than public terms, so pricing and structure for that specific offering aren’t published anywhere a reader can independently verify.
Here’s a quick breakdown of the core offerings:
| Service | Custodian | Notes |
|---|---|---|
| Precious Metals IRA | STRATA Trust | Physical gold and silver held in IRS-approved depositories |
| Crypto IRA | Equity Trust | Major cryptocurrencies inside a tax-advantaged account |
| Real Estate IRA | Equity Trust | Property held within a self-directed retirement account |
| Yankee Stacking | Not disclosed publicly | Requires direct inquiry through the website |
The Market Backdrop Right Now
Gold closed near $4,055 per ounce on July 24, 2026, up about 21.4% from the same time last year, according to Trading Economics. Silver traded around $58 to $59 per ounce over that same stretch, a jump of roughly 52% year over year, per the same source.
The gold-silver ratio sat close to 69.5 in late July, down from levels above 70 earlier in the month, which tells you silver has been gaining ground against gold rather than just riding gold’s coattails.
Standard Chartered projected an average 2026 gold price near $4,488 per ounce, with a fourth-quarter estimate around $4,750. Other banks have published even more bullish numbers.
This matters for anyone weighing a precious metals IRA decision this year: entry price matters less than most sales calls suggest, but the current environment of elevated rates, tariff uncertainty, and safe-haven demand is exactly the kind of backdrop firms like Bullionite build their pitch around.
None of this means gold or silver will keep climbing at the same pace. Prices dipped nearly 2% in a single session in late July after oil spiked on Middle East supply concerns, since higher energy costs feed inflation worries and strengthen the case for the Fed holding rates higher for longer. Metals don’t move in a straight line, and any firm implying otherwise is oversimplifying.
Reputation and Third-Party Coverage
Bullionite Asset Group has appeared in outlets including the Epoch Times, Business Insider, GritDaily, Crowdfund Insider, and Coin Bureau, mostly through syndicated market commentary pieces attributed to Mawjood rather than investigative coverage of the firm itself. Mawjood has also been featured in Financial Planning, Coruzant Technologies, and citybiz, largely through bylined columns on portfolio diversification and market cycles.
What’s missing is independent verification of client outcomes. The firm’s website features audio testimonials from named clients describing profitable trades and responsive service, and several specifically praise Mawjood and a team member named Crystal for proactive communication around buy and sell timing. Those testimonials are worth listening to, but they’re selected and hosted by the company, not aggregated by a neutral third party.
A search for a dedicated Better Business Bureau profile or Trustpilot page for Bullionite Asset Group under its current name did not turn up a rated, verifiable listing at the time of writing.
This isn’t unusual for a firm that rebranded in 2025. Newer names take time to accumulate a review history on major platforms. But it does mean a prospective client can’t currently cross-check the company’s own claims against an independent complaint record the way they could with an older, more established competitor.
Fees and Transparency
The website does not publish a specific fee schedule, spread percentage, or minimum investment threshold anywhere in its public pages. Instead, prospective clients fill out a form indicating an estimated asset value range (the site lists brackets from $10,000-$20,000 up to $80,000 or greater) before receiving a consultation.
This model is common in the gold IRA space. Many competitors, including some with decades of BBB accreditation, also withhold pricing until a phone call.
It’s a reasonable business practice given that spreads on physical metals shift with market conditions. Still, a reader comparing options should know that getting real numbers from Bullionite requires a phone call or form submission, not a quick scan of the site.
Strengths and Gaps
Strengths:
- Established third-party custodians (STRATA Trust and Equity Trust) rather than in-house custody, which reduces a specific type of counterparty risk.
- A CIO with a documented, multi-decade trading history and outside teaching credentials at UCLA Extension.
- Named, audio-recorded client testimonials rather than generic written quotes.
Gaps:
- No independently verifiable BBB or Trustpilot rating under the current company name.
- No published fee schedule, spread, or minimum investment amount on the public site.
- Limited independent journalism about the firm itself, as opposed to bylined commentary from its CIO.
How It Stacks Up
Compared to firms with 10-plus years of BBB accreditation and public complaint histories, Bullionite Asset Group is harder to vet from the outside. That’s a function of its recent rebrand more than necessarily a red flag.
A client considering this firm should ask directly for references beyond the testimonials on the site, request a written fee breakdown before funding an account, and confirm custodial arrangements independently with STRATA Trust or Equity Trust rather than taking the company’s description at face value. These are steps worth taking with any self-directed IRA provider, not just this one.
Conclusion
Bullionite Asset Group offers a legitimate structure for holding precious metals, crypto, and real estate inside a retirement account, backed by established custodians and an experienced CIO.
The bigger open question is transparency: the lack of published fees and independent reviews means due diligence falls more heavily on the investor than it would with a longer-established competitor.