Philip N. Diehl is the president of U.S. Money Reserve and a published analyst of the precious metals markets. As 35th Director of the U.S. Mint (1994–2000), Diehl oversaw one of the most impressive government agency turnarounds in recent U.S. history through new product initiatives, increased oversight, strategic reorganization, and fiscal responsibility. His experience and expert knowledge in the field of precious metals strengthens U.S. Money Reserve’s commitment to a superior customer experience.
Recently, I read an article discussing how private investors and central banks in Asian markets are now driving the price of gold. This is probably a surprise to most of us in the United States. In fact, China and India alone account for half of world demand for gold,...
Measured against a basket of other currencies, the dollar is stronger today than at nearly any other time in the last 20 years. But how long will that strength last, and what does it mean for gold prices? A stronger dollar can often mean lower gold prices. A recent...
Every week, we hear from our clients about their concerns regarding the economy. From increased government spending to sticky inflation, the possibility of a digital dollar, and volatility in the stock market, many Americans are no longer certain what awaits their...
Gold vs. silver: Deciding between the two can seem like an important choice when stepping into the world of precious metals. Is it better to buy gold or silver? Which is more affordable, and which has the better payoff? The truth is that both could be good choices...
Over the long term, gold is often seen as a safe-haven asset that can help offset the impact of volatility experienced by portfolios heavily allocated to paper-based assets like stocks. This is why many consumers use gold to diversify their portfolios amidst...
You may have heard the term “peak gold” and wondered what it meant. Simply put, peak gold is the maximum rate of global gold extraction, after which mining will slowly decline until gold can no longer be extracted at a profit. For a more complete understanding of peak...
When it comes to selecting assets for your portfolio, having a long-term outlook is key. Gold is no exception: It has risen significantly over the long run. But as with any commodity, the price of gold can increase or decrease for any number of reasons in the short...
Gold has once again been making headlines as the nation’s financial markets continue to face uncertainty. On April 22, 2022, Barron’s reported that gold had made yet another run at $2,000/oz., nearing its all-time-high reached in August 2020. That same day, Barron’s...
When we think of commodities, our minds might immediately drift to products like crude oil, coal, corn, and sugar. We might call these the “dictionary definition” of commodities. Gold, too, is a longstanding commodity, though I hold that gold is not a “traditional”...
Like gold coins, silver coins have been a commonly accepted form of currency for thousands of years. Silver was first used as a currency in 700 B.C., notes The Silver Institute, and has long held a special place in currencies around the world, from the Greek drachma...
Markets were quiet last week as they awaited Federal Reserve Chair Janet Yellen's comments at Jackson Hole, Wyoming. In short, she stated that "the case for an increase in the federal funds rate has strengthened in recent months," thanks to "continued solid...
For those mindful of their wealth, gold coins are a means of diversifying away from paper-based assets, such as stocks and mutual funds. Certified coins, in particular, are ideal for those in search of long-term profit potential. If you're new to buying certified...
