Podcast 312: Best way to Invest in Precious Metals with Dana Samuelson

Dana has been active in the precious metals markets for over 40-years. He worked for industry giant James U. Blanchard, III, the individual most responsible for the relegalization of private ownership of gold in 1974, for 10 years in the 1980’s and 90’s before he founded American Gold Exchange in 1998. With a national reputation for honesty, integrity, and fairness.

Dana is also a past President of the Professional Numismatists Guild, the leading organization of rare coin dealer in the US. As PNG President in 2016, Dana conceived of and helped to establish the industry anti-counterfeiting task force, which today works with the Secret Service and Homeland Security to interdict and seize counterfeit coins and bars coming to the country from Asia. In 2020, Dana worked with the Commodity Futures Trading Commission (CFTC) in their quest to end the allegedly fraudulent business practices of a precious metals seller to elderly IRA investors. The CFTC closed the business, seized their assets and the today the case is pending in court.

American Gold Exchange is a leading national mail order precious metals and vintage US gold coin company operating out of Austin, TX with an A+ Better Business Bureau rating and almost perfect Trust Pilot customer reviews. Plus, she is an advocate for sharing the great work others are doing for their community through her podcast Money With Mission Podcast.

*DISCLAIMER – We are not giving any financial advice. Please DYOR*

(00:00 – 04:12) Opening Segment

– Dana is introduced as the guest Host
– Dana shares something interesting about himself

(04:12 – 33:42) Best way to invest in Precious Metals

– Dana shares his first investment and how it worked
– Dana tells how he started with precious metals
– He also shares about investing in gold and silver
– Dana explains why gold and silver did not perform well in the past 2 years
– Also he shares what is the best way to invest in precious metals
– He also shares the do’s and don’ts about buying gold and silver
– Dana tells what is the best way to store and ensure your physical precious metal
– He shares where is the precious metal headed right now and how future opportunities arrive for investors to make money in this market

(33:44 – 42:33) Fire Round

– Dana shares if she would change his investment strategy
– Dana also shares his favorite Finance, real estate book, or any related book
– Also Dana shared about the website and tools that he can recommend
– Dana’s advice to beginner investors
– Also shared how he gives back

(42:33 – 44:04) Closing Segment