Recently the Entrepreneur Podcast Network hosted an interview with U.S Money Reserve president and expert on precious metals Philip Diehl. During the interview, Philip discussed his leadership background and his role as U.S. Mint Director. As U.S.Mint Director, he initiated the creation of the Fifty States Quarter program, which was an extremely popular and successful coin program. He also launched the very popular Sacagawea Dollar, and America’s first platinum coin. Philip discusses the advantages of owning U.S. Government minted coins. The coins are backed by the government and are legal tender whereas other forms of gold and silver bars are not. Other companies cannot match the level of customer satisfaction and security provided by the U.S. Mint.
U.S. Money Reserve was founded by gold market veterans. The company is one of the nation’s largest and most trusted distributors of U.S. Government issued gold, silver and platinum coins. There are a number of financial benefits to owning precious metals, and the organization will help guide you with your decision making. Throughout history purchasing precious metals has been a method used by many to increase and protect their wealth, especially in times of financial crisis. The coins are backed by the government, which means customers can be confident of their content, weight and purity.
Buisness magnet and billionaire financier, George Soros warns of a financial market crisis similar to the global crisis of 2008 as investors become agitated wth economic troubles in China. Reuters recently covered a story about the Chinese issue and how the devaluation of their currency is affecting stock markets around the world. China’s major adjustment problem has lowered stock prices and resulted in frenzied share selling across the world. Marc Ostwald, a strategist at ADM Investor Services stated that Soro’s comments on the Chinese financial issue serve the purpose of casting a dark cloud over the global markets because he believes this is a short-term problem. However, the American financier, Soros strongly believes the situation in China will trigger years of job losses and depressed global economies, and the world will struggle to turn to rising interest rates.