Futures Edge Show: Finance Unfiltered with Jim Iuorio and Bob Iaccino

The Investment Potential of Gold with American Gold Exchange’s Dana Samuelson


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Why is gold valuable and how does it hedge against economic uncertainties? Gold's imperviousness, scarcity, and historical use as money make it valuable. It serves as a store of value, protects against government actions and inflation, and acts as a portable, risk-free form of wealth. Gold also hedges against stock movements with its inverse correlation to traditional assets.

American Gold Exchange President Dana Samuelson has spent 42 years trading precious metals and rare U.S. gold and silver coins. He joins podcast hosts Jim and Bob to discuss the factors driving the current bull market in gold, from increased central bank buying to concerns about the stewardship of currency, as well as different ways to invest in gold, such as physical coins, ETFs, and mining stocks. He explains the numismatic value of vintage coins and the potential impact of gold's utility in various industries, highlighting the role of gold as a tangible asset and a hedge against inflation and currency devaluation. Gold in an IRA is a good idea, but it's important to deal with a trusted seller who offers the right products at the right pricing. He reveals why it is important to have a dealer that has the client's interests at heart because some sellers of precious metals take advantage of unsuspecting clients by selling collector items at higher prices. Gaining yield on gold can be achieved through strategies like selling call spreads. He also reveals why the culture for gold is stronger in Asia and India compared to the US. 

This episode is sponsored by American Gold Exchange 

Learn more https://www.amergold.com/ 

Takeaways

  • Gold is experiencing a multi-year bull market driven by increased central bank buying and concerns about the stewardship of currency.

  • Investors can choose to invest in gold through physical coins, ETFs, or mining stocks.

  • Vintage coins with numismatic value can offer a double play of gold appreciation and premium expansion.

  • Gold's utility in various industries, such as medicine and space technology, may contribute to its long-term value.

  • Gold serves as a tangible asset and a hedge against inflation and currency devaluation. Gold is a portable and transferable form of wealth with no counterparty risk.

  • Gold has an inverse correlation to most traditional assets and can be a hedge against stock movements.

  • When investing in gold in an IRA, it is important to deal with a trusted seller who offers the right products at the right pricing.

  • Some sellers of precious metals take advantage of unsuspecting clients by selling collector items at higher prices.

  • Strategies like selling call spreads can be used to gain yield on gold.

  • Gold's imperviousness and scarcity make it valuable and it has a long history as a form of money.

  • The culture for gold is stronger in Asia and India compared to the US.

  • Gold is considered a store of value and a way to protect against government actions and inflation.

  • Chapters

    00:00 The Bull Market in Gold: Drivers and Trends

    06:21 Investing in Gold: Physical Coins, ETFs, and Mining Stocks

    08:14 The Numismatic Value of Vintage Coins

    23:40 Gold as a Tangible Asset and Hedge Against Inflation

    24:08 The Appeal of Gold: Portable and Transferable Wealth

    24:30 Gold as a Hedge and Investment in an IRA

    25:26 Dealing with Trusted Sellers in the Precious Metals Market

    26:36 Gaining Yield on Gold through Strategies like Call Spreads

    33:56 The Imperviousness and Scarcity of Gold

    36:06 The Cultural Differences in Gold Appreciation

    41:18 Gold as a Store of Value and Protection Against Government Actions and Inflation

    Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Haynow Media

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