Keeping it Simple with Simplify Asset Management Keeping it Simple | Ep. 51: Everything Else Is Credit
10 snips
Aug 11, 2025 Dana Samuelson, President of the American Gold Exchange, brings 45 years of expertise in precious metals to the discussion. He highlights the shift from physical gold to modern financial instruments like ETFs. Samuelson delves into trends of nations investing heavily in gold, contrasting this with the U.S. approach. The conversation also touches on gold’s role as an inflation hedge and its evolving significance amidst high-tech innovations like quantum computing. Don't miss the insights on gold's enduring value in today's economic landscape!
AI Snips
Chapters
Transcript
Episode notes
Physical Precious Metals Specialist
- Dana Samuelson trades and delivers physical bullion coins and refinery bars to the public.
- He combines vintage coin expertise with national mail-order wholesale-plus retail operations.
ETFs Changed How Investors Access Gold
- ETFs created an easy paper route into gold and reduced miners' appeal.
- Dana says ETF access depressed mining-stock performance by offering paper exposure without physical delivery.
Tax Treatment Differs For Physical Gold
- Physical precious metals are taxed on a capital gains basis in the U.S.
- Dana contrasts physical ownership and delivery with paper products and their different tax implications.