Philip Diehl Pulls Away The Curtain On Gold Coin Investing

The good people in Antarctica have access to legitimate gold coins from the U.S. Mint. They can thank Philip N. Diehl for their good fortune. Under Diehl’s leadership at the U.S. Mint, distribution of coins and legal tender expanded throughout the world. Diehl has moved on from his role at the U.S. Mint, but he is still heavily involved with gold, silver, and platinum coins. He is the president of U.S. Money Reserve in his home state of Texas. Although he has many daily tasks to juggle, Diehl was able to lend his time to the EPN network for an interview. The podcast interview covered a lot of territory.

Diehl does address the great demand that people throughout the world have in gold investing. He mentions that concerns over the value of the currency, and the economic policies of governments lead people to hedging their assets with gold. Diehl, obviously, believes gold makes a good investment. He does clarify that not all gold assets are the same. Diehl considers gold coins, legitimate gold coins, to be better investments than bars and bullion. His rationale makes sense.

Specifically, he notes U.S. Money Reserve mainly deals in precious metal coins that come from the U.S. Mint. Coins from the U.S. Mint are real money. They are backed by the United States government. Also, when the U.S. Mint says its coins are made of more than 99% of gold, then the buyer is getting a legitimate investment asset. Bars and bullion cannot claim to be legal tender. They just are not. This may give some investors pause, and lead them more towards the coins.

Counterfeit gold, per Diehl, does find its way to the market. Purchasing gold coins made by the U.S. Mint and sold by a legitimate company definitely eliminates the possibility the coins are fake. Diehl deserves a lot of credit for pointing out this critical bit of information on the podcast.

The short interview is filled with a lot of valuable information about the U.S. Mint, U.S. Money Reserve, gold investing, and Philip Diehl’s approach to management. He is a customer-friendly manager, and this is visible in many of the decisions he has made in the public and private sector. Also, the fact that U.S. Money Reserve’s charitable work expanded under his leadership is not something that should be ignored. The podcast shouldn’t be ignored either. The interview is a good listen.

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