President of the U.S. Money Reserve, Philip Diehl was a guest on the Enterprise Radio Show. Host, Eric Dye asked Diehl for a close-up view of the gold market as it appears today. One of the questions referenced the market volatility, especially in today’s unpredictable market trends.
Philip Diehl presently holds the position of President of the U.S. Money Reserve but served as COS of the U.S. Department of the Treasury. Both these positions afford Diehl history of the United States dollar and trends of the past and vision of the future. Diehl credits his education of the bullion and legal tender to experience in the gold market and the history of the gold bullion worldwide. Diehl also served staff director of the U.S. Senate Finance Committee and was appointed by Bill Clinton as the 35th Director of the U.S. Mint during Clinton’s term of office.
It is a fact that the United States Gold is the purest gold on the market. The purity of gold from other areas have, in many cases, been altered and counterfeited and are not considered the purest gold. Also, the US Gold is backed by the Federal Reserve to be pure gold. The products of the U.S. Money Reserve are gold, silver, and platinum backed by a strong economy.
Eric Dye also asked Diehl what he felt was the biggest impact on the gold market today. Diehl answered that question with a brief list of the top four criteria for volatility in the gold market.
• The 2008 crisis felt by millions of people created fear in the market, and that fear pushes for quality. It created stronger demands for the quality of gold. The quality of gold plays a big role in wealth, and the purer the gold quality, the more secure the wealth.
• Electronically Traded Funds (ETF) has increased the purchase and sale of gold, filling the demand.
• The ETF of gold also provided the bull market in 2011, but it took from the bear market.
• The increase of value in the dollar offsets the growth demand for gold and adds pressure to the crisis. The result of adding pressure to the larger markets like China where approximately 65% of the retail demand for gold worldwide comes out of India and China. Diehl reminded us of the old saying “What goes up must come down.” The U.S. Money Reserve is an educated group of professionals who know market trends and the patterns of gold values both up and down.
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Philip N. Diehl was the 35th director of the United States Mint. He is, currently, the President of U.S. Money Reserve, a company which offers for sale gold and silver coins produced and certified by the U.S. Mint for investors wanting to hedge against an economic collapse. While at the U.S. Mint he was the originator of the 50 states quarter program, which was highly popular with coin collectors. His tenure there saw a dramatic rise in sales and operating efficiency for the U.S. Mint.
Diehl was recently interviewed by Eric Dye on the Entrepreneur Podcast Network. He was asked what was the biggest difference between products offered by his company, U.S. Money Reserve, and other companies offering gold and silver coins and bullion for investors. Diehl stated that the biggest difference between his company and others in the industry is the U.S. Money Reserve’s commitment to customer satisfaction. He made it clear that customer satisfaction is what separates his company from the others in the industry. Diehl feels that this sense of providing customer service and satisfaction should be evidenced at all levels within his company.
Eric Dye asked why people should be buying silver and gold. Diehl responded by saying that gold and silver investments are a hedge against an economic downturn, and warned that the value of the dollar is at an all time high and will, eventually, re-adjust. But in case of a major collapse of the American economy similar to 2007-2008, gold would be the right investment as it always has value. Some world currencies have lost not just a little value, but a large percentages of their value during an economic re-adjustment. In this era when George Soros and others are worried about another economic collapse, investors should consider adding silver and gold coins to their holdings.
Dye asked, “why are coins preferable to bullion?” Diehl replied that some bullion on the market has been adulterated but U.S. gold and silver coins are fully certified by the U.S. government.
Philip N. Diehl brings his experience gained at the U.S. Mint and his sense of innovation and dedication to customer service to the benefit of the U.S. Money Reserve, and will confidently direct it into the future.
To listen to the full interview:Your text to link…
Investing in gold is one of the most attractive ways of spending retirement dollars, but investing in gold coins from the US Money Reserve has the added bonus of being fascinating. The gold coins produced by US Money Reserve are beautiful pieces that may be kept in the family for generations, and the Money Reserve consistently releases new coins for collectors who are looking for new ways to park their money. This article explains why collecting coins with the US Money Reserve is so fascinating to investors.
#1: Gold Coins Are Easy To Assess
Every investor purchases gold coins from the US Money Reserve for a set price, but the beauty of the coin is obvious once it is received. These coins may be traded for their beauty, and their value will increase over time given their rarity, weight and other qualities. Investors may spend quite a bit of time looking into the background of each coin, and other investors may value certain coins highly. The coin trade may become so intense that investors move coins around every year for a profit. There are no sales made, but every investor ends up with more coins that are worth quite a bit of money.
#2: Gold Is The Most Stable Investment Anyone Can Make
Gold has been the standard currency in the world since the beginning of time. The pharaohs and their people used gold coins as money, and gold coins provided by the US Money Reserve have their own value. The price of an ounce of gold has been trending up for over a century, and gold traders often leave their money in gold reserves until such time as they need to collect. Even world financial crises do nothing to impact the price of gold.
#3: The Coin Designs Are Legendary
The coin designs held by a family could become heirlooms that continue to grow in value over the years without a single sale. The family may pass the coins own for generations before a sale is made, and the final sale will represent a massive profit for the seller. Everyone in the family line ultimately benefits from the value of each gold coin.
Gold coins are a safe investment that may become a commodity worthy of trade. Any investor may purchase coins from the US Money Reserve, and the gold coins will continue to grow in value until the moment they are sold.
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