In Conversation with Alex Malley

Is the "three-pronged approach" to retirement dead?

Retrieved on: 
Tuesday, June 27, 2023

AUSTIN, Texas, June 27, 2023 /PRNewswire/ -- A recent survey found that 61% of Americans were more afraid of running out of money in retirement than of death. With Americans living longer post-retirement, ensuring that retirement assets include hedges against volatility and growth opportunities is critical.

Key Points: 
  • With Americans living longer post-retirement, ensuring that retirement assets include hedges against volatility and growth opportunities is critical.
  • Ensuring that retirement assets include hedges against volatility and growth opportunities is critical.
  • For years the traditional approach to retirement has been the "three-pronged" approach of pensions, Social Security, and savings.
  • These conditions led the panel of experts for U.S. Money Reserve's "In Conversation" to discuss how Americans can protect their retirement in a new world.

WHY ARE CENTRAL BANKS DITCHING THE U.S DOLLAR FOR GOLD?

Retrieved on: 
Tuesday, June 6, 2023

AUSTIN, Texas, June 6, 2023 /PRNewswire/ -- Central banks across the world have been purchasing gold at record -high volumes, according to data sourced by the World Gold Council. Many of these banks have traditionally held large amounts of U.S. dollars in their reserves.

Key Points: 
  • AUSTIN, Texas, June 6, 2023 /PRNewswire/ -- Central banks across the world have been purchasing gold at record -high volumes, according to data sourced by the World Gold Council.
  • Many of these banks have traditionally held large amounts of U.S. dollars in their reserves.
  • They examine why gold has become a hot commodity for central banks, for reasons ranging from stability to independence to diversification.
  • The panel breaks down what has caused the central banks' gold rushes and why it might continue for years to come.

EXPERTS DISCUSS HOW RETIREES ARE PREPARING FOR THE EFFECTS OF INFLATION

Retrieved on: 
Tuesday, May 30, 2023

AUSTIN, Texas, May 30, 2023 /PRNewswire/ -- The price of gas has roughly quadrupled over the past 20 years, while average life expectancy has grown astronomically. These trends have many wondering about their long-term wealth.

Key Points: 
  • Americans are concerned as inflation is hammering retirement savings.
  • Persistently high inflation has plagued American consumers and retirees for the past year.
  • In the newest episode of U.S. Money Reserve's "In Conversation," a panel of experts discusses the origins and effects of inflation and how Americans are protecting their portfolios.
  • For more information or to speak with company leadership at U.S. Money Reserve, please contact Christol Farris at 512-568-9991 or [email protected] or visit www.usmoneyreserve.com.

RECESSION: IS ECONOMIC TURMOIL INEVITABLE?

Retrieved on: 
Tuesday, May 23, 2023

AUSTIN, Texas, May 23, 2023 /PRNewswire/ -- In the face of multidecade high inflation, the Federal Reserve rapidly raised the federal fund's interest rates to the highest in over a decade. The stated goal for the Fed is to slow down economic activity enough to cool inflation without breaking the economy, creating a so-called "soft-landing." However, some analysts wonder if the rapid rate hikes could start a recession.

Key Points: 
  • The stated goal for the Fed is to slow down economic activity enough to cool inflation without breaking the economy, creating a so-called "soft-landing."
  • However, some analysts wonder if the rapid rate hikes could start a recession.
  • Each offer their own insights into the impact of a recession and how consumers can protect themselves with assets built to survive.
  • For more information or to speak with company leadership at U.S. Money Reserve, please contact Christol Farris at 512-568-9991 or [email protected] or visit www.usmoneyreserve.com.

EXPERTS DISCUSS HOW AMERICANS ARE REACTING TO THE BANKING TURMOIL

Retrieved on: 
Wednesday, May 17, 2023

AUSTIN, Texas, May 17, 2023 /PRNewswire/ -- The failures of three major banks have shaken consumer confidence in the banking system. While Americans wonder if another banking crisis is on the horizon, they are looking for safe havens to protect their savings. In the newest episode of U.S. Money Reserve's "In Conversation," a panel of experts discuss banking volatility and what it could mean for American consumers.

Key Points: 
  • While Americans wonder if another banking crisis is on the horizon, they are looking for safe havens to protect their savings.
  • In the newest episode of U.S. Money Reserve's "In Conversation," a panel of experts discuss banking volatility and what it could mean for American consumers.
  • The failures of three major banks have shaken consumer confidence in the banking system.
  • This panel discusses uncertainty in the banking system and offers their insights.

DIGITAL CURRENCY AND YOUR PRIVACY

Retrieved on: 
Tuesday, May 9, 2023

AUSTIN, Texas, May 9, 2023 /PRNewswire/ -- In 2023, the Federal Reserve began researching a digital form of the dollar, making the U.S. the latest country to explore an official digital currency. Critics contend that digital forms of currency make private consumer transactions vulnerable to government oversight. In the newest episode of U.S. Money Reserve's "In Conversation," a panel of experts discusses the future of a digital currency and what it could mean for American consumers.

Key Points: 
  • AUSTIN, Texas, May 9, 2023 /PRNewswire/ -- In 2023, the Federal Reserve began researching a digital form of the dollar, making the U.S. the latest country to explore an official digital currency.
  • Critics contend that digital forms of currency make private consumer transactions vulnerable to government oversight.
  • In the newest episode of U.S. Money Reserve's "In Conversation," a panel of experts discusses the future of a digital currency and what it could mean for American consumers.
  • This panel discusses privacy concerns about digital currency and offers their insights into how Americans are reacting.

WHAT EVERY PRESIDENTIAL APPOINTEE SHOULD KNOW-- NEW INSIDER TIPS REVEALED

Retrieved on: 
Thursday, January 26, 2023

This week on U.S. Money Reserve's "In Conversation," What every Presidential appointee should know!

Key Points: 
  • This week on U.S. Money Reserve's "In Conversation," What every Presidential appointee should know!
  • Director Diehl, formerly chief of staff at the U.S. Treasury Department, was tasked with assessing the U.S. Mint's challenges.
  • While awaiting Senate confirmation as U.S. Mint Director, Diehl proposed closing the Old San Francisco Mint.
  • The museum's entrance was a potential structural hazard on the verge of collapsing the next time an earthquake struck the earthquake-prone region.

HOW THE U.S. MINT TOOK PROFITS UP TO $2.6 BILLION

Retrieved on: 
Wednesday, January 18, 2023

This week on U.S. Money Reserve's "In Conversation," 35th Director of the U.S. Mint (1994–2000) and U.S. Money Reserve President Philip N. Diehl and 38th Director of the U.S. Mint (2006–2011) and U.S. Money Reserve Senior IRA Strategist Edmund C. Moy discuss Director Diehl's proudest accomplishments at the U.S. Mint.

Key Points: 
  • This week on U.S. Money Reserve's "In Conversation," 35th Director of the U.S. Mint (1994–2000) and U.S. Money Reserve President Philip N. Diehl and 38th Director of the U.S. Mint (2006–2011) and U.S. Money Reserve Senior IRA Strategist Edmund C. Moy discuss Director Diehl's proudest accomplishments at the U.S. Mint.
  • 2 FORMER MINT DIRECTORS DISCUSS HOW THE U.S. MINT TOOK PROFITS UP TO $2.6 BILLION
    Director Diehl took special pride in empowering the Mint's employees to change public perception of the Mint, reinforcing the idea that Mint workers are public servants.
  • Many of the employees who worked under Diehl went on to work throughout different areas of the government after he left, an achievement Diehl considers his legacy.
  • Director Diehl also was happy to increase the income the U.S. Mint generated for the federal government from $700 million to $2.6 billion over his tenure, which he considered "putting points on the board for the taxpayers."

HOW THE U.S. MINT JUMPED 153 PLACES ON THE "BEST PLACES TO WORK IN GOVERNMENT" LIST

Retrieved on: 
Tuesday, January 10, 2023

AUSTIN, Texas, Jan. 10, 2023 /PRNewswire/ -- What are the goals of a Director of the U.S. Mint?

Key Points: 
  • AUSTIN, Texas, Jan. 10, 2023 /PRNewswire/ -- What are the goals of a Director of the U.S. Mint?
  • When Director Moy's tenure with the U.S. Mint began, morale at the Mint was low.
  • In a survey of the "Best Places to Work in Government," the Mint employees' responses ranked the Mint at number 211 out of 217 departments and agencies.
  • Seeking to turn that around, Director Moy used his business expertise and experience to make the U.S. Mint a more efficient and better place to work.

WHY THE U.S. MINT DOMINATES THE PLATINUM COIN MARKET

Retrieved on: 
Wednesday, January 4, 2023

AUSTIN, Texas, Jan. 4, 2023 /PRNewswire/ -- Today, the United States Mint dominates the global platinum coin market, but it didn't strike its first platinum coin until 1997.

Key Points: 
  • AUSTIN, Texas, Jan. 4, 2023 /PRNewswire/ -- Today, the United States Mint dominates the global platinum coin market, but it didn't strike its first platinum coin until 1997.
  • The U.S. Mint dominates the global platinum coin market, but it didn't strike its first platinum coin until 1997.
  • Winning over both markets would be necessary to establish the U.S. Mint as the lead producer of platinum coins, so Mint Director Diehl developed a plan to win over the Japanese market.
  • Not long after the coin was launched, it took over 70% of the platinum coin market.