Listen to Philip Diehl; All That Glitters Might Be Gold

Source: CBS 19 TV News

Despite the Recession happening almost 8 years ago, the effects felt and economic issues are still ever present and alive today. With public uncertainty in the U.S. dollar, some people are looking for other means of financial security.

Philip N. Diehl (President of the United States Money Reserve) sat down with Eric Dye (host of the Entrepreneur Podcast Network) this January to discuss growing concerns over United States Currency.

Before becoming President of the U.S. Money Reserve, Diehl served as the 35th director of the U.S. Mint as well as Chief of Staff of the U.S. Treasury. After joining the Reserve, he’s led the wildly successful 50 states Quarter initiative and introduced the first government issued platinum coin. He has worked closely with many high ranking financial institutions as well as the U.S. Executive branch.

Diehl has had numerous successes with national financial branches. Naturally, this success was a point of interest in the interview. When asked what offerings the U.S. Money Reserve appeals to consumers over its precious metals competitors, Diehl says, “I think it’s clearly this commitment to customer satisfaction.” Bringing up the committees he’s served on, Diehl notes that customers are always at the center of how business is conducted. In addition to this commitment, he also boasts that most of their offerings are actual coins produced by the U.S. Mint. “They’re legal tender of the United States,” he affirms, “and their weight and purity are guaranteed.” The Reserve offers gold, silver and platinum coins and bars, and even offers precious metals IRA options. He mentions that there’s something customer’s enjoy about being able to feel their investment in their hands.

Precious metal have been a hot topic in recent years, with investment firms becoming more present in the eyes of consumers. Diehl believes that the consumer drive to acquire precious metals has been fueled by four major factors: the 2008 financial crisis, shifting equity of ETFs, trust and fluctuation of the U.S. dollar and international gold demand. He stays consistent to the idea of precious metals being more secure over the years than printed currency. “Gold isn’t something you buy for the short-term,” he says, noting the decreasing value of the dollar. With fallout of recent economic setbacks still being felt, American people have a growing desire for stable investment solutions. For Philip Diehl, that solution shines in gold.

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