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

Page: https://stenobird.com/podcast/top-traders-unplugged-761537/gm99-gold-trust-and-the-return-of-real-assets-ft-philip-diehl
Text version: https://stenobird.com/podcast/top-traders-unplugged-761537/gm99-gold-trust-and-the-return-of-real-assets-ft-philip-diehl.md
Podcast: [Top Traders Unplugged](https://stenobird.com/podcast/top-traders-unplugged-761537)
Published: 2026-05-06T04:00:00+00:00
Episode link: http://localhost:8888/TopTradersUnplugged/ttu-2021/homepage/gm99-gold-trust-and-the-return-of-real-assets-ft-philip-diehl
Audio file: https://episodes.captivate.fm/episode/d281ccb1-de00-47b1-8b04-6c7138fbb2fc.mp3
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JSON: https://stenobird.com/v1/public/podcasts/top-traders-unplugged-761537/episodes/gm99-gold-trust-and-the-return-of-real-assets-ft-philip-diehl
Duration seconds: 3936

## Resource

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…

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