Today Kevin and Laura speak with Dana Samuelson, the Founder and President of American Gold Exchange (AGE), a leading national precious metals and rare coin company specializing in dealer-to-dealer trading and direct-to-consumer sales. We talk about the precious metals market, the US economy and interest rates hikes and the effect on precious metals prices. We also discuss precious metals and rare coins as investments and hedges against financial uncertainty and inflation. Dana give us investing tips on the best ways to own precious metals both in modern bullion and in vintage, pre-1933 US gold and European gold coins. We touch on the best practice do's and don'ts when buying and selling, and the best ways to store and insure your physical holdings. We discuss if bitcoin or gold or the stock market is the best investment in 2024. We also learn whether Kevin should harvest the gold off his the circuit boards in his vintage tech collection and Laura talks FOMO.
Dana Samuelson has been active in the physical gold and silver markets for 43 years and is a nationally recognized expert on vintage, pre-1933 US gold and silver coins. Dana is also recognized as an authority in the precious metals industry and has been interviewed by major media outlets, including Forbes, Market Watch, and Fox Business.
Because precious metals market prices are impacted by the US economy, the global economy, interest rates, currency fluctuations, international events and especially inflation of late, Dana has become very knowledgeable in all of these areas and can speak in depth as to what is happening and why in all of these markets, especially as to how they affect precious metals prices in dollars and in other currencies.
This year marks the 25th anniversary of AGE. Their business model is based on repeat business and referrals, and they enjoy the continued endorsement of a host of nationally recognized investment newsletter writers, financial advisors, and hard asset proponents. AGE also has an impeccable national reputation for honesty and integrity with their peers and clients, holding an A+ Better Business Bureau rating and almost perfect Trustpilot customer reviews.
Dana began his career in the early 1980s as a personal protege of James U. Blanchard III, one of the great industry giants and the individual most responsible for the re-legalization of private ownership of gold in the US in 1974. Did you know gold was illegal to own in the US between 1933 and 1974?
He is also a past President of the Professional Numismatists Guild, the premiere organization of US rare coin dealers, whose principal goal is to uphold high standards of excellence among dealers so that trading in rare coins is risk-free for investors and collectors. As president, Dana conceived of and contributed to the establishment of the Anti-Counterfeiting Task Force, which today collaborates with Homeland Security and the Secret Service to identify and seize counterfeit bullion coins and bars (over $100M in street value thus far).