According to the World Gold Council, 2016 has produced the largest continuous gain in the price of gold since the European sovereign debt crisis in 2010. Hedge fund managers are dumping healthcare and energy stocks, and they are putting that money into the precious metal market.
The price of gold is more than $1,340 an ounce, and the price of gold seems to have no ceiling, according to U.S. Money Reserve President Philip Diehl. Diehl has spent most of his career in the currency business. Diehl is well-known in Washington, but he calls Austin his home now. Diehl is in the process of revamping U.S. Money Reserve’s internal policies in order to deal with the demand for rare gold, silver, and platinum coins.
Diehl is best known for introducing the 50-state quarter program to the country while he was the director of the U.S. Mint. Canada had a similar program, and Diehl believed it was time to redesign American coins. But, as president of U.S. Money Reserve, Diehl has been concentrating on offering rare coins to investors that want to include them in their IRA portfolios. Diehl told Eric Dye on his Entrepreneurial Podcast Network’s show, called Enterprise Radio that adding rare gold coins to IRA accounts is smart because gold is outperforming any other investment vehicle in the marketplace.
Rare coins have always been collectable, according to the article published by PRNewsWire.com, about Diehl and U.S. Money Reserve. Diehl said old school investors didn’t collect them to cash them in their lifetime. They wanted their grandkids and great-grandkids to enjoy the money when the coins were ready to sell at a substantial profit.
But the days of keeping rare coins for generations is over thanks to the booming gold and silver markets, according to Diehl. Investors are buying gold and silver coins from U.S. Money Reserve and placing them in an IRA account. Those investors know that the price of gold and silver is going to continue to break records over the next 20 years, and those rare coins will be worth considerably more than face value.
Philip Diehl is able to guide investors because the new motto of U.S. Money Reserve is customer satisfaction and excellent customer service. Diehl and his team at U.S. Money Reserve have spent years developing a comprehensive plan that works for clients that are willing to trust their instincts when it comes to investing in rare coins.
Learn more about US Money Reserve: https://about.me/usmoneyreserveinc