Owning Gold Is As Important Now As It Has Ever Been According To U.S. Money Reserve President Philip Diehl

Gold, silver and platinum have a long history of protecting wealth when economies take a turn for the worse. Philip Diehl, the President of the U.S. Money Reserve, made that point perfectly clear in an interview with ePodcastNetwork.com recently. Gold, as well as silver, have been increasing in value since the turn of the 21st century, according to Diehl. But Mr. Diehl did say prices dropped in 2012 and again in 2015, but all the signs point to a major jump in gold, silver and platinum prices in 2016.

The U.S. economy is still growing, but that grow is slowing down every month. The health of the global economy is on life support, according to a recap of the Diehl podcast interview published by PRNewswire.com. The European Union has major issues to address. It appears EuropeÕs economy will continue to show signs that a serious recession is in the works. Even though the dollar is still strong, Diehl thinks the condition of ChinaÕs economy, as well as the unrest in the European Union, will throw the world into a global recession, and that could happen in 2016.

CrunchBase reported it that Hedge fund managers are already planning for a drop in stock prices. Investors like Soros, Buffet and other hedge fund gurus are dumping huge amounts of stocks and reinvesting in gold and silver, according to a recent Wall Street Journal article. Investors are turning to the U.S. Money Reserve for help, according to Mr. Diehl. And Diehl knows how to help them.

Philip Diehl is the former Director of the U.S. Mint and chief of staff of the United States Treasury. Diehl also served as staff director for the Senate Finance Committee, so he has an inside track on whatÕs happening in government circles.

No can predict what is going to happen next in the global market, but one thing is sure. The price of gold is on the move again, and Philip Diehl thinks itÕs not going to stop increasing.

But as Diehl said, buying gold has always been a sound investment move. Diehl recommends gold and silver coins for investors that are just starting to invest in precious metals of the US Money Reserve. Government issued coins always hold their value, and they have a history of better than average returns.

One thought on “Owning Gold Is As Important Now As It Has Ever Been According To U.S. Money Reserve President Philip Diehl

  1. In fact, Diehl thinks gold and silver prices could double in the next 24 months. Other investors say gold prices could even triple during that time. These assignment help australia services are contnuing to attract investors day by day.

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