156 - Turning Video Games Into Gold Coins - Abe Day

Exploring Precious Metals Investment with Abe Day | Passive Income AdventuresWelcome back, investors! In this engaging episode, we dive into the world of precious metals investing, specifically gold and silver, with expert guest Abe Day. Emma Powell chats with Abe about the ins and outs of precious metals trading, the history of gold and silver, and how these metals can serve as a valuable addition to your investment portfolio. Learn about the benefits, potential scams, and practical applications of owning precious metals. Abe also shares his journey from working at Disney to becoming a leader in the gold and silver industry, and how he navigated through the economic challenges. If you are curious about diversifying your portfolio and understanding the true value of precious metals, this episode is a must-watch!Bio: Abe Day began his career in product design, contributing to projects for industry leaders including Disney, Sony, Paramount, DreamWorks, Microsoft, and many others. With over 25 years of experience, he continues to lead a world-class product design team, driving creativity and innovation.In 2013, Abe co-founded the United Precious Metals Association (UPMA), a pioneering cooperative that empowers individuals to transact in gold and silver as legal tender. He served as the visionary CEO and Chairman of the Board, revolutionizing interactions with precious metals, and currently holds the position of Vice Chair.In 2020, Abe launched OZ Mint, offering high-quality, investment-grade silver, gold, and copper rounds distinguished by his unique blend of design expertise and artistic craftsmanship.Two years later, he introduced Oz Bullion, with a mission to make gold and silver ownership accessible to more people, helping safeguard wealth amid fluctuating financial landscapes.Abe has also pioneered innovative uses of precious metals, including custom "business card coins" that allow businesses and individuals to promote their brands while holding appreciating assets. Driven by concerns over economic stability, he has contributed to new methods for using gold and silver in daily transactions, including involvement with OZ Notes™ and Goldbacks™, as well as private minting and vaulting services. His efforts position him as a leading expert in advancing a stable, gold- and silver-based economy.Recently, Abe has appeared on national radio programs to discuss his innovations and solutions for sound money.Connect with Abe: https://ozibullion.comConnect with Emma: https://InvestWithEmma.com https://Highrise.group00:00 Introduction and Guest Introduction01:22 Abe Day's Background and Journey05:02 Understanding Inflation and Precious Metals07:39 The Historical Significance of Gold and Silver12:15 Modern Uses and Market Dynamics of Gold and Silver19:38 Investment Strategies and Market Trends24:56 Avoiding Scams in Precious Metals Investing25:34 Challenges of Finding Silver During COVID25:58 Identifying Scams in Silver and Gold Deals27:07 Fluctuations in Gold and Silver Prices28:52 The Role of Coin Stores and Pawn Shops29:31 Testing for Authenticity: Magnet and Acid Tests31:45 Investment Strategies: Portfolio Diversification33:38 Tax Benefits of Gold and Silver Investments33:57 Custom Minting and Advertising Strategies40:58 Preserving Wealth Through Modern Techniques42:18 Contact Information and Final Thoughts