“We are living in uncertain economic times,” says Philip N. Diehl. “I know many people who saw a good portion of their hard-earned wealth lost in the economic downturn.”
Diehl advocates for buying solid gold coins for three reasons:
#1: Gold can protect you from the volatility of the stock market.
During the first week of January 2016, the Dow dropped 1,079 points, making it the worst five-day start to any year on record, according to CNN Money. On January 8, 2016, the Dow fell another 168 points, capping off the Dow's biggest weekly percentage loss since 2011. Only a few months later on June 13, CNBC reported that the CBOE Volatility Index (widely considered the best gauge of fear in the stock market) rose above 19.5 to its highest since March 1.
Unlike the stock market, gold is considered by many to be a safe and dependable asset.
#2: Gold is not subject to the whims & downfalls of government like the U.S. dollar.
The Federal Reserve's past policies of “aggressive quantitative easing have set the stage for considerable global financial market turbulence,” writes Desmond Lachman, Chief Emerging Market Economic Strategist at Salomon Smith Barney. The Fed's efforts to stimulate the economy could create “major distortions in both domestic and global financial markets…[setting] the stage for the next global financial crisis,” he continues.
Gold, on the other hand, has a long-standing history of acting as a safeguard for wealth during periods of economic downturn, as it can't be expanded to suit political needs and is not at the mercy of governments.
#3: Gold can offer greater profit potential than the low rates offered by banks & traditional CDs.
National interest rates for savings accounts currently average less than 0.06% for deposits of less than $100,000, and even a 60-month CD rate averages a mere 0.79%, reports the FDIC. Meanwhile, gold is being hailed as one of the year's best performing assets.
While serving as the 35th Director of the U.S. Mint, Diehl sold billions of dollars in U.S. government-issued gold coins, and is now considered a leading financial expert and one of America's authorities on owning government-issued gold coins.
According to Diehl, buying government-issued solid gold coins could be the answer to protecting and growing your family's financial portfolio. Central banks have already been protecting their portfolios with gold, and they do not show signs of pulling back on this diversification tactic. In fact, in 2015 central banks ended the year with an extra 483 tons of gold in their vaults, reports Forbes. For individuals looking to follow suit, Clem Chambers of the Forbes Investor Team has the following advice: “Diversification is the only way to secure wealth and gold is a good ingredient for that.”
If you've been waiting to enter the gold market, take the advice of Philip N. Diehl: place your hard-earned wealth in gold. Call 1-844-307-1589 and ask to speak to an Account Executive. Over 300,000 customers have already purchased gold, like the 1 oz. Pearl Harbor Gold Coin, from U.S. Money Reserve!
As seen on CNBC, Bloomberg TV, and Fox Business.