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MoneyDad Podcast · Wednesday · 51 min

Hold It in Your Hand: Using Physical Gold and Silver to Teach Kids About Real Money | Dana Samuelson

#087. What if the best way to teach your kids about money isn't a piggy bank or a savings account — but a silver coin they can hold in their hand? In this episode, Justin sits down with Dana Samuelson, president of American Gold Exchange and a 45-year veteran of the precious metals industry, for a conversation that will change the way you think about gold, silver, and how to pass real financial wisdom on to your kids. Dana and Justin cover: Why gold and silver aren't investments — they're a savings technology, and why that distinction matters The history of gold as money, and why most North Americans have lost touch with precious metals culture Why central banks around the world are buying gold at record levels — and what that signals for everyday families The macro forces currently driving gold and silver prices, including debt, de-dollarization, and geopolitical tension The growing counterfeit problem in the physical metals market and how to protect yourself Why a one-ounce silver coin is one of the most powerful financial teaching tools a parent can put in their child's hands Physical gold and silver vs. ETFs — and when each makes sense The stepped-up cost basis advantage of passing precious metals on to your heirs Justin also shares how this conversation inspired him to take his own kids to their local gold and silver dealer — and convert their savings into Canadian Silver Maple Leafs as a hands-on money lesson. Whether you're a seasoned precious metals investor or have never owned an ounce of gold in your life, this episode is essential listening for any parent who wants to raise financially literate kids. Connect with Dana Samuelson: American Gold Exchange — amergold.com | info@amergold.com Show notes and more at: https://moneydadpodcast.com/session087 Support the show

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transcript

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show notes

#087.  What if the best way to teach your kids about money isn't a piggy bank or a savings account — but a silver coin they can hold in their hand?  In this episode, Justin sits down with Dana Samuelson, president of American Gold Exchange and a 45-year veteran of the precious metals industry, for a conversation that will change the way you think about gold, silver, and how to pass real financial wisdom on to your kids.


Dana and Justin cover:

  • Why gold and silver aren't investments — they're a savings technology, and why that distinction matters
  • The history of gold as money, and why most North Americans have lost touch with precious metals culture
  • Why central banks around the world are buying gold at record levels — and what that signals for everyday families
  • The macro forces currently driving gold and silver prices, including debt, de-dollarization, and geopolitical tension
  • The growing counterfeit problem in the physical metals market and how to protect yourself
  • Why a one-ounce silver coin is one of the most powerful financial teaching tools a parent can put in their child's hands
  • Physical gold and silver vs. ETFs — and when each makes sense
  • The stepped-up cost basis advantage of passing precious metals on to your heirs


Justin also shares how this conversation inspired him to take his own kids to their local gold and silver dealer — and convert their savings into Canadian Silver Maple Leafs as a hands-on money lesson.

Whether you're a seasoned precious metals investor or have never owned an ounce of gold in your life, this episode is essential listening for any parent who wants to raise financially literate kids.

Connect with Dana Samuelson:
American Gold Exchange — amergold.com | info@amergold.com


Show notes and more at:

https://moneydadpodcast.com/session087

Support the show

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