ReSolve Riffs Digs into Physical Precious Metals with Mark Yaxley
This week we had the pleasure of hosting Mark Yaxley, founding partner of Strategic Wealth Preservation, which specializes in the acquisition and storage of precious metals for investors around the world. He also brought his team member Philip Zappacosta to the conversation, which covered topics that included:
- Mark’s journey through the commodity space, before founding SWP
- The reasons that drive investors to own physical precious metals
- Different wealth objectives – creation vs growth vs preservation
- Property rights and jurisdiction considerations
- Understanding the role gold has played throughout history
- Watching the behavior of central banks
- Why loyalty to an asset-class doesn’t always stem from being “bitten by a bug”
- Why gold should be considered true money
- The role of other precious metals in portfolios
- The densest precious metal that you probably never heard of
- Silver – hundreds of industrial applications, less attractive in Asia and Europe and likely the most underpriced today
- Bar sizes, purity, utilities and different premiums
- The importance of holding smaller bars for liquidity – fractional ownership in the physical space
- Why gold hasn’t performed as expected in a year of high inflation
- When to invest in futures, ETFs or miners vs outright physical metals
Thank you for watching and listening. See you next week.
This is “ReSolve’s Riffs” – live on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.