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

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.

Dana Samuelson, President of American Gold Exchange, discusses the factors driving the current bull market in gold, including increased central bank buying and currency concerns. He covers investment options such as physical coins, ETFs, and mining stocks, and highlights the numismatic value of vintage coins. Samuelson emphasizes the importance of buying gold from trusted sellers and mentions strategies for gaining yield on gold, like selling call spreads. He also notes that gold culture is stronger in Asia and India compared to the US.

This episode is sponsored by American Gold Exchange
Learn more https://www.amergold.com/

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