Philip N. Diehl is not someone who has a lot of free time on his hands. He is the president of U.S. Money Reserve, one of the biggest distributors of precious metal coins in the United States. The day-to-day operations of the business and all its endeavors do require a lot of work.
Diehl was able to take some time out for a 15-minute interview on the EPN podcast network. The 15 minutes reveals a tremendous amount about the subject of gold coins and investing. Diehl puts forth some biographic information about himself that is both interesting and entertaining.
The interview is a must listen. The highlights are worth reading. PR Newswire did a nice job of covering a few of those highlights.
Philip Diehl amassed a great deal of experience in the public sector before moving into the president’s chair of U.S. Money Reserve. Diehl ran one very important department in the U.S. Government, the U.S. Mint. The Mint, of course, produces the monetary supply for the nation. In addition to standard coins and paper currency, the U.S. Mint creates rare, collectible coins made of 99+% gold, silver, and platinum.
Looking to step things up, Diehl drove the distributions numbers of U.S. Mint coins up significantly. He helped established a massive global network. Now, he brings that enthusiasm to U.S. Money Reserve.
During the interview, Diehl notes that U.S. Money Reserve prefers to deal in U.S. Mint-produced gold coins. There are a few reasons why believes these coins are worth the investment. For one, they are backed by the powerful economy of the U.S. government. They are legitimate coins. Diehl reveals the shocking truth that a number of gold bars, bullion, and coins imported into the United States are total fakes. Coins from the U.S. Mint are absolutely not fakes.
In many ways, the decisions of others to buy gold leads many to do the same. If a major bank buys up a lot of gold, a great many people are going to take this as the hint to buy their own reserves. Worries about the strength of the stock market and currency also prompt buying.
Anyone intrigued so far should listen to the entire podcast for the full story at http://epodcastnetwork.com/u-s-money-reserve-president-philip-diehl-discusses-leadership-the-gold-market-and-the-case-for-owning-gold-coins/.