Peak Prosperity Introducing Dana Samuelson, a Trusted Expert in Gold and Silver
Dec 3, 2025
Dana Samuelson, founder of American Gold Exchange, shares his extensive knowledge of precious metals. He discusses how his career began in the 1980s and the evolving U.S. attitudes toward gold ownership compared to other nations. Listeners learn about macroeconomic drivers like central bank buying and geopolitical events lifting gold prices. Dana explains gold as an anti-dollar asset and highlights current trends in gold buyers and the implications of U.S. debt on currency risk. He also touches on silver's supply issues and its rising industrial demand.
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Humble Start To Industry Leadership
- Dana Samuelson started in the precious-metals business in 1980 washing dishes in a vault and grading coins.
- He became Jim Blanchard's senior trader and founded American Gold Exchange in 1998 after years of industry mentorship.
Physical Demand Driven By De‑Dollarization
- Global buyers are shunning the dollar and buying gold as an alternative reserve asset.
- Trade tensions and geopolitical events have materially increased physical demand for precious metals.
Central Banks Now Support Gold Prices
- Central banks reversed decades of selling and became net buyers after the financial crisis, then doubled purchases post-Ukraine invasion.
- This shift now consumes a material share of annual mine production and supports higher gold prices.