Posts in Category: Interviews

Gold Continues To Be a Store of Value

 

Is gold a good investment today? In a recent radio interview, U.S. Money Reserve President, Philip Diehl, talks about his company and the future outlook for gold prices.

Under his leadership, U.S. Money Reserve has grown to become one of the top precious metals distributors in the world. The company provides gold, silver, and platinum coins to investors through a dedicated customer service.

As Mr. Diehl portrayed, the superior customer service was achieved through a six-year plan to improve it. Now, the company provides access to precious metals investments on all continents.

One important issue that was raised during the radio interview was the quality of gold sold. As Mr. Diehl pointed out, U.S. government-issued coins are guaranteed purity, and U.S. Money Reserve offers such guaranteed on all the coins sold whether these are American Eagles, Canadian Maple Leafs, or South African Krugerrands.

When it comes to precious metals bars sold at other locations, there were issues with quality. Some bars were tempered with, meaning they weren’t pure but rather altered.
With U.S. Money Reserve, the investors get guarantees as to the metal purity of investments sold.

After discussing the company, Mr. Diehl spoke about the outlook for gold and other precious metals. He expects the value of the American Dollar to eventually drop. Generally, when US Dollar drops, commodities and precious metals rise.

The other factors that should lead to long-term appreciation in gold are growing political turmoil around the globe as well as unstable monetary policies.

While gold goes through short-term fluctuations, Mr. Diehl, a former director of U.S. Mint, expects gold to continue to be a store of value and a good place to locate money for the long-term horizon.

This year, the company expended its investment options by offering Individual Retirement Accounts (IRAs) to its United States-based clients. This is a great way to diversify from stocks and bonds.

Gold has been considered a store of value and an inflation hedge for long time and there are no signs that it should cease to be so.