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.
Greater risk of instability can only increase the precious metal's luster. By Philip Diehl Aug. 13, 2013 12:55 p.m. ET Concerns are rising that the Chinese economy is headed for a hard landing. That would have implications for many markets, not least for gold....
In my last post, I wrote about prospects for civil war in Ukraine turning into a direct confrontation between Russia and the West, and what that would mean for gold prices. I said that markets had not yet woken up to this reality and when they did, gold prices would...
What is the connection between the price of gold and civil war in Ukraine? Simple—gold has long been a refuge in times of political turmoil. When investors and savers realize the severity of a threat to their wellbeing, they rush to gold to protect their wealth,...
Gold jumped $22 an ounce on news that a Malaysian Airlines flight (MH17) was shot down over eastern Ukraine. Later in the day, all signs were pointing to a missile strike on the aircraft, and persuasive evidence was developing that Russian-backed rebels launching a...
Read Part 1. In my last post, I discussed three myths about gold that Gary Alexander describes in a piece on Seeking Alpha. Understanding these myths is important because they deter many investors from making gold part of their financial portfolios. I’ll address four...
I recently ran across an article entitled “The 12 Biggest Mistakes the Media Make When Covering Gold Markets," by Gary Alexander. It’s a good article for potential gold buyers because it debunks many of the myths that lead investors, and their financial advisors, to...
For weeks, I’ve intended to write a post on the current stock market bubble, and now, the New York Times' David Leonhardt has beaten me to it, but I'll make some additional points. Robert Shiller, a Noble prize-winning economist, is among the market analysts and...
Read Part 1 The story of the Sacagawea dollar is relevant, today, not just because it’s an interesting piece of our history, but also because it’s a window into how Washington, D.C. works — and doesn't work. I’ve been around politics and government much of my career,...
My recent post on Fort Knox and Coin Week article continue to generate quite a few questions. Here’s one that inspired me to do a little research: Q: Is it true that the gold that was confiscated from American citizens by FDR’s government is stored at Fort Knox?...
My recent post on Fort Knox and Coin Week article about Fort Knox generated quite a few questions. I'll answer a couple of the most interesting questions here on the blog. Q: Since we are no longer on the gold standard and like you said, Fort Knox houses such a small...
The public image of the United States Bullion Depository at Fort Knox, Kentucky, was cemented in the 1964 movie Goldfinger. The four-story vaults of shining chrome bar-encased gold, suspended staircases and vast interior are now classic Hollywood images of what our...
This post begins a series in which I give readers an insider’s view of how Washington, DC, works (and doesn’t work) from my perspective as director of the U.S. Mint. The complete story of how the Sacagawea dollar (aka, the Golden dollar) came to be has never been...
