George Soros & Mark Cuban Purchased Gold Assets

Gold remains the most popular investment when times are troublesome. Gold is a precious metal that has withstood revolutions, depressions and natural disasters. Learn why both George Soros and Mark Cuban are purchasing gold assets.

“Scarce Gold Mining Stocks”

When the Spanish conquistadors spoke of the “streets of gold” in the New World, the Old World instantly took notice. Gold mines are quite scarce and have always been a key determinants of a nation’s wealth. The Aztec gold mines might have been the foundation of the Spanish dollar.

Billionaire Investor & Author George Soros has not forgotten the lessons of history. In August 2015, George Soros “accrued 1.9 million shares of Barrick Gold” paying $20.1 million for the allotment. George Soros also held $13.5 million stakes in Market Vectors Gold Miners ETF.

“Mark Cuban Buying Gold Call Options”

Dallas Mavericks Owner Mark Cuban purchased gold call options because he expected the price to increase. Cuban told CNBC’s “Fast Money: Halftime Report” on February 11, 2016 that “[w]hen traders don’t know what to do, they go where everybody is. And I thought that would be gold.” Gold bars are the currency of central banks around the world.

January 2016 saw stock exchanges falling all around the world. Naturally, investors started to become worried about stocks not being a sure thing. Even Forbes had to ask whether global stocks may be overvalued.

“Regular Investors Purchase Gold Coins”

The sophistication required for properly measuring the value of gold mines or timing gold call options may not be everybody. During his US Money Reserve Podcast, US Money Reserve President Philip Diehl mentioned the rise of gold-backed ETFs as a reason for the popularity of the precious metal. Likewise, government-issued gold bullion coins can be a nice safety net for estate planning.

Each US Money Reserve government-issued gold bullion coin has a guaranteed weight and purity. These American coins are prized around the world for their beauty, design and intrinsic value. As Investor Mark Cuban stated in as many words: People turn to gold when afraid.

While you might not be able to establish world peace yourself, you can protect your financial future in an unsafe world. Soros and Cuban have felt the tides turning and purchased gold to protect their wealth.

THE U.S MONEY RESERVE APPROACH TO GEORGE SORO WARNINGS

The financial markets are at a risk of a crisis agitated by the China’s trade havoc. The renowned philanthropist and economist, George Soro has been warning the investors and the economists in the U.S at large. He claimed that the current fluctuation of the currency might end up like the 2008 economic regression. As an economist, he advises that the financial markets should be keener since the China’s Yuan is affecting the worldwide market.
In this regard, the U.S money reserve is tested on how it overcomes the financial crisis. In a podcast in Enterprise Radio, EPN News, the U.S Money Reserve President, Philip Diehl, talks about the Gold market and the benefits of owning gold coins. The U.S Money Reserve is one of the distributors of the government gold, silver and platinum coins. He mentions that his previous role as the Director of U.S Mint significantly contributes on how to manage the gold market concerning its distribution in the market. The most rewarding aspect of his job is that he made customer satisfaction a priority and the exemplary customer services yielded significant results.
Philip Diehl emphasized on why investors should turn to the buying of the U.S government gold, silver and platinum coins. The U.S Money Reserve has a legal tender and thus quality is assured unlike in other markets where counterfeiting is the greatest hitch. Despite the recent troubles of a financial crisis, purchasing of the minted gold coins is safer than entirely depending on the appreciation of the dollar. Gold, silver and platinum coins are a store of value. They do not depreciate over the period unlike the dollar and other currencies whose fluctuation rates are uncertain.
The gold market is affected by some factors. Fluctuation prices due to the depreciation of the U.S dollar. The gold market gets affected worldwide since markets such as China and India are buying about 55% of the gold. The recent China economic quandary is going to change the gold bars. Owners of the U.S Government minted gold coins are spared the disparity from the current gold bars owners. The monetary policies set by the government are also likely to impact on the financial markets. The minted gold coins are luckily not touched strongly compared to the other forms of currency. U.S Money Reserve is where the investors should start investing in as there is assurance of quality and satisfaction.

What You Can Learn About US Money Reserve

US Money Reserve is a leading company that has been able to offer a reliable platform where individuals can easily transact with gold and other precious metals. The company has been in business for many years and over the long time they have been operational, no negative charges have been placed against them since they have worked to ensure they offer the best to their customers. Offering a reliable experience to their customers has enabled them to rise beyond limits. They have been ranked among the best companies in the market for allowing the prevalence of positive approaches to transactions that involve the sale of gold and other metals.

Hiring is a process that avails a different experience for any company. This is one of the factors US Money Reserve has held dear as they have ensured the staff employed to work with them is well qualified and capable of handling all needs that are presented by the customers. Maintaining courtesy and taking all requests presented by customers seriously has been a relief to the attainment of success within US Money Reserve. They have worked with well trained professionals in different categories to help make the delivery of services easier and faster.

Security is a paramount issue that should be taken into consideration while handling any transactions that involve huge sums of money. US Money Reserve has invested in the best security systems and this is one of the things that have allowed their customers to have confidence in the company. They have installed modern encryption, which makes it difficult for theft of information stored by their customers.

Giving back to the community is also something that defines a company. US Money Reserve has not been left behind on this. They have designed a program that offers support to the needy and allows them to gain by having sufficient supply of basic needs. The project, named US Money Reserve CrowdRise, has helped reach many individuals who need urgent support to make their lives better. The kitty has raised billions in the past, which have gone to uplifting communities that need urgent support and care.

The US Money Reserve Crowdrise has also been structured in a manner that the money cannot be misused or squandered. They have a strict oversight body which allows the implementation of the program to take place seamlessly. Members of US Money Reserve are urged to also take part in this fundraising campaign.

THE US MONEY RESERVE AND THE PRECIOUS METAL TRADE.

Precious metals such as Gold, Platinum and Silver have gained value and significance. Traditionally, these metals have been mainly used for fashion and ornaments. However, in the unstable world economy we are living in, players in the financial markets industry have resulted to store the value of a currency in Gold and other precious metals. Gold, for example, is used to ensure financial stability in the wake of inflation.
This strategy works at the highest levels of the apex by the central banks and other international organizations. The government of the United States, for example, stores its money Gold and Silver, cast by the United States Mint, – a government authorized maker of high-quality coins. These coins are mint marked with face value denominations. The prices metals such as gold keep rising steadily, investing gold reserves means the value of your investment reaps rewards in the long-term.
The US money reserve is a model company in the precious metals trade. They have dominated the precious metals trade in the US and around the world since inception in the year 2002.The company is the primary supplier of government issued coins and bullions of Gold, Silver and Platinum in the US. The varieties of high-value coins they offer include; Gold Numismatic coins such as the American eagle proof and modern congressional gold coins. Gold Bullion brands including the Canadian maple leaf, the South African Krugerrand, American Eagle and Austrian Philharmonic. They also distribute Silver bullion varieties such as the Johnson Matthey bar and Silver bag.
The US money reserve is a client-centered company. Their decade of operation in the market, as well as the heritage of origin in the precious metals trade, has given the company a good reputation. The firm’s aggressive customer relations strategy proves vital in attracting potential investors and buyers. Clients are guaranteed access to the best coin reserves in the market and world class service where they receive assistance throughout the process by the company’s experts. The US money reserve is a one-stop shop for all your investment needs in Gold and other precious metals. They have a pool of over 100 experts and professionals covering the technical field of acquiring and grading metals to the business side of marketing and sales.
There are many benefits an investor is sure to enjoy by investing in Gold including a high-profit margin in stock markets.