Demand was near-decade lows during the first three years of Trump since the economy was doing well. Then, when Corona hit…
Josh Phair interviewed on Palisades Gold Radio
Tom welcomes Josh Phair, President of Scottsdale Mint, to the show.
Josh describes his background in risk management and how that led him to become interested in the mining industry. While he liked the industry, he realized he had a great passion for the metals themselves. Fifteen years ago, there weren’t many brands in the industry. This lead him to start the mint to manufacture products with a higher-end image. The idea was to put the precious back in precious metals.
Demand was near-decade lows during the first three years of Trump since the economy was doing well. Then, when Corona hit, everything changed overnight, and demand exploded. Since then, demand has continued to roar and then continued as the Reddit WallStreetSilver took the lead. 2020 was a record year for their sales, seeing an increase of nearly five times. Logistics and finding supplies have been tricky at times. Raw materials have been available, but keeping on top of the product’s manufacturing has been difficult.