One of the most well-respected gold market organizations in the United States would the U.S. Money Reserve. This company was founded by gold market veterans who had a vision to create a gold exchange that would eventually become renowned for its customer service and expert market knowledge. Even the most junior sales staffers at the U.S. Money Reserve are dedicated to providing investors with only the most expert guidance at diversifying their investment portfolio.
Phlip Diehl, who is the current director of the U.S. Money Reserve, is also world renowned for his expert guidance on the precious metals markets in this present day and time. During a recent podcast, he was interviewed and offered his thoughts on a number of the present issues in this market. Like billionaire hedge fund manager George Soros, he pointed out his analysis that uncertainty in the world markets could affect the world economy. He also pointed out a number of other important factors about the market and their company, including the following:
1. They have garned a great deal of respect.
Mr. Diehl’s first point was that the U.S. Money Reserve has literally traded in precious metals on every continent, including Antarctica. The reason they have been able to trade in literally every corner of the globe would be because they continue to be committed to helping all of their clients with their investments. To that end they recently unveiled their new Gold-backed I.R.A program for individuals to utilize.
2. Gold continues to be high in demand.
Diehl also commented on the 2008 crisis and on the fact that gold continues to be in demand for a number of reasons. There is a great deal of uncertainty in the Federal Reserve and there is an increased demand for gold in China and India.
3. Gold coins are better than gold bars.
Diehl also made the argument during this podcast that owning gold coins are better than owning gold bars. He said that gold bars are not considered legal tender and they are easier to counterfeit than gold coins. Diehl also stated during the podcast that dollar might be close to a peak status and so now is the prime time to invest in gold, because when the dollar goes down gold will go up.