Recently on a podcast on Enterprise Podcast Network, Philip Diehl explained conditions that had driven the global market over the last decade. Those factors he said include volatility in the market, speculation on momentary funds and the rising value of the U.S. dollar. More importantly, Philip Diehl spelled out the things that were driving the current market including oil, weakness in the U.S dollar and geo-political conditions around the globe.
One condition that bears further exploration is the effect of China on world markets. China is experiencing a slow down of their economy that is having consequences throughout the world. It is the reason that George Soros has said that conditions are similar to 2008.
First, no one knows for sure exactly how much the Chinese economy has slowed down. Chinese authorities suggest that it is near eight percent. Many experts feel that the true number is much higher. One of the reasons that the economy is slowing down is that it is transferring from making goods to being a service based economy. Therefore, the slow down may be long term.
Despite efforts by the Chinese government to get people to buy homes, they are not responding. This has created a host of new homes on the market. Therefore, there is no need to build more, so the demand in China for iron ore, petroleum and other commodities has disappeared. These were products that China imported from Australia, Russia and other countries. Therefore, their economy has slowed too. This has happened in the United States as importers and exporters had to look for new market streams.
Since China has caused so much uncertainty, it is reasonable to worry about your investments. Philip Diehl has spent his life studying financial markets as the leader of the United States Mint, the United States Treasury and the Senate Committee on Finance. He highly recommends that you buy gold. It is the same advice that George Soros provides. According to Diehl, the best way to buy gold is from U.S. Money Reserve where he serves as president.
You can follow them on Twitter.
The subject of investing is one that comes up frequently on EPN podcasts. Philip Diehl, the president of U.S. Money Reserve, was a recent interview guest, and he had much to say about investing in gold coins. Many are looking closely at investing in gold. Not everyone knows there is much of a difference between investing in gold coins vs. bullion or bars. Diehl explains why coins are frequently the better option.
Diehl reveals that legitimate gold coins backed by the full faith and credit of a government have tremendous value. U.S. Money Reserve deals with numerous gold, silver, and platinum coins made by the U.S. Mint. The coins are legal tender in the United States, and no question mark surrounds the legitimacy of the coins.
Strangely, a number of counterfeit coins have entered the global market. The fake coins are utterly worthless from an investment perspective. Knowing one has purchased a coin produced by the U.S. Mint does eliminate concerns over counterfeiting.
Diehl does know a lot about the U.S. Mint. He previously served as its director before venturing to U.S. Money Reserve. One very interesting part of the interview is when Diehl goes into detail about his work at the Mint.
Prior to Diehl’s tenure as director, the U.S. Mint focused mainly on domestic distribution of its coins. Diehl helped expand the distribution network of the collectible and precious metal coins throughout the world. The global distribution strategy, a strategy driven by a reliance on instituting good customer service, was a major success. Diehl is now taking the same successful approach he brought to the U.S. Mint to U.S. Money Reserve.
Diehl reveals on the interview concerns over monetary policy are fueling a renewed interest in gold investing. Many are sure to turn to U.S. Money Reserve for their purchases. The company has helped hundreds of thousands of customers buy gold. Good customer service and quality products contribute to this high figure.
A surge in the acquisition with gold usually coincides with nervousness over the stock market and the world’s currency. In a recent podcast interview, Philip Diehl pointed out monetary policy concerns do drive people to buy gold. This makes sense. if the dollar is weak, gold could increase greatly in price. The demand for gold commonly increases when currency loses value. Most people realize this. What they do not always realize is where gold is purchased from means a lot. On the EPN network, Diehl went into great detail about procuring gold for investment purposes. Some things he discussed may prove incredibly interesting to someone thinking about buying gold.
Diehl currently serves as the president of U.S. Money Reserve, an Austin, TX-based seller of gold, silver, and platinum coins. The company is one of the biggest coin distributors in the entire nation. Hundreds of thousands of precious metal coins have been sold by the representatives at U.S. Money Reserve. Diehl made customer service a huge priority when he previously served as the director of the U.S. Mint. He brings that same approach to U.S. Money Reserve.
During the podcast, Diehl makes it very clear that a large portion of the gold coins sold through U.S. Money Reserve are legal tender made at the U.S. Mint. Not everyone may think this is very important. Gold bars and bullion are not legal tender, and these assets are still used for investment purposes. Diehl delivers a stern warning to would-be investors. Many foreign imports of counterfeit gold coins have been sold to unsuspecting customers. Counterfeit coins are, of course, worthless. Not only are they not real tender, they usually lack the purity required to be considered a legitimate investment asset.
U.S. Money Reserve only deals in real gold. No one has to worry about dubious purchases from this well-established, legitimate company. For coins to even be added to the inventory of U.S. Money Reserve, the coins must pass serious scrutiny and research.
The entire interview with Diehl goes into his philosophy about gold coin investing, and he discusses his management insights as well. Diehl was able to greatly expand the U.S. Mint’s distribution scale to include the entire globe. Diehl’s presence at U.S. Money Reserve seems to be a very positive one. In addition to stressing customer service, Diehl’s tenure has also been noted for the charitable endeavors the company is involved in.
The United States Constitution Article I, Section 10, Clause 1 states that gold and silver will be the legal tender for the country. Gold and silver have a long history of being used for financial transactions. US Money Reserve is one of the largest precious metals coin distributors in the nation.
Why Invest in Gold & Silver?
Gold and silver have always been used as money. These precious metals are also incredibly valuable for industrial purposes and jewelry. These precious metals have a shine, luster and value that stand the test of time.
US Money Reserve sells popular coins issued from the US Government Mint. The aforementioned clause in the United States Constitution directed the government to issue coins to preserve the wealth of the citizens. These products are official legal tender.
As legal tender, they are easy to recognize around the world. It is easier to verify the value of these numismatics due to standardized weight, metal content and design. Investors will find that buying and selling official US coins can be more profitable due to a larger market of experienced traders.
Why Buy From US Money Reserve
Unlike other gold and silver firms, US Money Reserve offers a wider range of coin experts to help you make the best choice. Discuss your needs for type of metal, price, condition and design. US Money Reserve has more than 100 experienced professionals including the following: senior gold specialists, industry-leading numismatic experts and coin research, to name a few.
The United States Money Reserve website offers plenty of information to help you make the best investment decisions. Read articles on “Why Buy Gold,” “Precious Metals” and “FAQ.” This is a good company that educates the novice and offers superior services to the expert.
Learn More About US Money Reserve From Social Media
Besides the official website, you can also learn about special news or offers on social media. Ask some questions of the experienced US Money Reserve staff, they are ready to serve:
Follow them on Facebook, LinkedIn and Twitter .
You read the reports about investing in Gold. You have seen the television commercials about investing in Gold. You heard the experts talking about investing in Gold. You want to know more. Is Gold a good investment for you? Why is Gold a good investment? There are a number of factors to consider when researching options. Basically you need to answer the following questions:
Is Gold a stable investment?
Yes.Gold is definitely a stable investment. Fluctuations in the Gold market happen, but Gold is a currency that is accepted worldwide. History has dictated that gold has been the preferred currency for nations that are going through economic turmoil and uncertainty.
Is Gold accessible to anyone?
In its natural state, gold is liquid and easy pliable. Gold can be transported easily and shaped. Anyone can own gold. Gold bullion and gold coins can be bought and sold easily as there are no restrictions in who can own gold. You can select from a variety of gold coins and gold bullion at US Money Reserve Inc.
Can Gold be used as an alternative currency?
Yes, countries around the world accept Gold as currency. The US Money Reserve Inc handles US Government issued Gold coins that are considered US legal tender. With the fluctuations and decline of the US dollar, Gold coins will be a good hedge against inflation.
Can owning Gold serve as a protection for currency and money value?
Owning gold makes good economic sense. Historically gold has proven its value remains steady while fluctuations of paper currency tend to create a loss in value. Gold has been valued over the centuries due to its properties and the increasing rarity of this precious metal.
What kind of Gold should I invest in that will give me the best value for my money?
You have options to own gold coins, have a gold backed IRA or invest in gold bullion. Your financial advisor will have some information for you, but the experts at US Money Reserve can help you figure out the best mixture of gold assets for your portfolio.
Why should I invest in Gold now?
The world markets are still highly volatile right now. The price of Gold is set to go up in the next few years about 1,000 percent. Gold is always a good investment, but the future will be even brighter for those who invest in Gold now.
Are there any tangible benefits to owning Gold?
There are definitely tangible benefits in owning gold. The stability factor is probably the biggest reason to own gold. Gold’s value doesn’t fluctuate as most paper based currency values tend to do. Gold can be owned by anyone, and takes very little investment. Gold is a tangible asset that you can use in financial crisis.