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U.S. Money Reserve Director Indirectly References George Soros, Others in Making Case For Owning Gold Coins

Source: CBS 19 TV News

The U.S. Money Reserve is well-regarded as one of the most respected organizations for investors who are looking to diversify their portfolio with precious metals. Although they had a modest start, today they have over 100 employees and each one is able to give you only the most specific and up-to-date advice on all of your portfolio needs. They are one of the nation’s largest distributors of U.S. Government issued Gold, Silver and Platinum coins. They have helped literally thousands of clients grow their wealth through the acquisition of precious metals. Director Philip Diehl, who was once the head at the United States Mint, was recently interviewed on a podcast and discussed several current issues, including the current status of the company and the advantages of investing in the coin version of precious metals over the traditional bars. Here is a summary of his interview:

1. The U.S. Money Reserve has helped on every continent of Earth.

The first point within the interview was in response to a question about the credentials of the U.S. Money Reserve. Philip Diehl and his associates have established themselves as one of the premiere traders in U.S. precious metals throughout the world, so Diehl was rather proud to state the fact that they have assisted investors on every continent, including Anarctica.

2. The company is developing a Gold-backed I.R.A. for their clients.

Diehl also announced during the interview that his company is introducing a new Gold-backed I.R.A. for his clients to invest in. He said that the experts with his firm can help those approaching retirement to get the best investment for their money based on the precious metals markets.

3. Gold is poised to go up in value.

Diehl also stated during the interview that he believes Gold will go up in value. He cited economic experts such as George Soros who believe that uncertainty in the world markets will cause more financial discord. When events like that occur, gold normally goes up in value.

4. He believes that gold coins are better than bars.

Finally, Diehl also noted during the interview of his belief that gold coinage is a better investment than regular gold bars. He cited the fact that gold bars are not considered to be legal tender and that some of them have been found to be lesser in quality. He also noted that there are times where they have been found to be counterfeit. Finally, he noted that gold bars have another distinct disadvantage in that they are not backed by the U.S. Government.

Philip Diehl Of The U.S. Money Reserve Gives His Thoughts On Currency Issues

The U.S. Money Reserve President Philip Diehl has recently appeared on the CNBC morning show “Squawk Box”, which was focusing on the changes that could be made to the production of currency to make the U.S. economy more profitable. PR Newswire reports the discussion focused on the different coins that are currently in general circulation and how their production costs the taxpayer a large amount of money each year. The focus fell on the nickel and the penny as the two coins most at risk of being put out of circulation, largely because of their high cost of production.

Philip Diehl is just one of the officials at the U.S. Money reserve with a long history of working in the currency and precious metals market, Diehl was a Director at the U.S. Mint before joining the company. The U.S. Money reserve has always looked to work with individuals who have the best possible experience in associated markets. Following the early success of the company that was formed by a group of precious metals dealers the company has looked to different industries to find its professionals; in order to provide the best possible service for their clients the U.S. Money Reserve has employed experts in metals and research to test the government issued coins customers invest in.

During his early morning TV appearance Philip Diehl gave his opinion that the penny should be removed from the general circulation of U.S. currency. The U.S. Money Reserve President believes the nickel has the chance to be redesigned by experts in a bid to lower its 9.4 cents price tag for each five cent coin. In contrast, a redesign of the penny is virtually impossible and the $105 million per year spent on producing new pennies would be a significant saving for the taxpayers of the U.S.