Jul 31, 2015
In Episode 46 of Accredited Investor Markets Radio host Chris Cahill talks with Roy Friedman, Executive Vice President of Dillon Gage, about how to invest in physical quantities of precious metals including gold, silver, platinum, and palladium. They discuss how such investments fit into a portfolio, and the relationships among precious metals prices, the price of oil, and the strength of the U.S. dollar.
Learn more about Roy Friedman and Dillon Gage Metals here.
Or you can find them here:
Twitter: @DillonGage
About Roy Friedman
(Editor's Note: At the time of this recording, Roy Friedman was Executive Vice President of Dillon Gage. He has since resigned this position and is now Executive Vice President of Manfra, Tordella & Brookes)
Roy Friedman is a well-respected trader and commentator in the field of precious metals and global financial markets. He is Executive Vice President of Business Development for Dillon Gage Metals, one of the largest precious metals dealers in the United States.
After earning degrees in economics and political science in 1980 from the State University of New York at Binghamton, Mr. Friedman began his very successful career in the precious metals industry. His initial experience was at Mocatta Metals, where he worked as a clerk on the commodity exchange trading floor where he remained for four years.
Mr. Friedman next accepted a trading position with A-Mark Precious Metals and stayed until late 1988, when he left to become a trader at the French investment bank Credit Lyonnais. In 1990, he was recruited by Rudolf Wolff, the founding member of the London Metals Exchange. Here his main focus was to create the company’s inaugural precious metals division based in New York.
Under the direction of Mr. Friedman as vice president, Rudolph Wolff enjoyed much success, including expanding the division to incorporate a 24-hour trading desk with an office in London and eventually a global foreign exchange division.
Building upon his previous successes, in 1998 Mr. Friedman started his own company, RF Capital Management, and partnered with a European business professional to provide asset management for high net worth clients.
In 2002, Mr. Friedman returned to A-Mark Precious Metals as a vice president. Having joined Dillon Gage in January 2012, Mr. Friedman said “I am very excited to be able to continue my career with one of the largest and most respected precious metals dealers in the industry”.
In addition to Mr. Friedman’s vast trading knowledge, he has held several commodities and securities licenses as well as being a Commodity Trading Advisor and a Commodity Pool Operator.