GM99: Gold, Trust, and the Return of Real Assets ft. Philip Diehl

Today, we are joined by Philip Diehl, former Director of the United States Mint and President of U.S. Money Reserve, for a timely conversation about gold’s renewed role in a world shaped by inflation, geopolitical stress, central bank demand, and uncertainty around fiat currencies. Philip explains why gold’s recent rise is not simply a speculative move, but part of a broader shift in how governments, institutions, and individuals think about wealth preservation. From central bank buying and Chinese retail demand to Bitcoin, ETFs, physical coins, and the limits of the U.S. dollar system, this episode explores why gold is once again moving from the margins of portfolios toward the center of the macro conversation.

-----

50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

-----

Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.

IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.

And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.

Learn more about the Trend Barometer here.

Send your questions to info@toptradersunplugged.com

And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.

Follow Alan on LinkedIn.

Follow Philip on LinkedIn.

Episode TimeStamps:

00:00 - Why Philip Diehl believes investors should “buy the dip” in gold

01:14 - Philip’s career from public policy to the U.S. Mint

06:08 - What U.S. Money Reserve does and why physical gold matters

08:08 - The forces behind gold’s powerful multi-year rally

13:08 - Central bank buying, dollar risk, and portfolio diversification

19:05 - Why some central banks may sell gold during stress

22:18 - Chinese demand, cultural memory, and the role of retail buyers

28:32 - Why Philip does not see Bitcoin as “digital gold”

32:44