Craig Smith founded the Swiss America Trading Corporation 30 years ago out of the bedroom of his home with $50.00. Smith told Brownfield Ag News that he saw the need in the tangible area of investment: precious metals, coins, gold, etc.
“We started the firm with the intention of trying to educate the American people about how money actually functions, how our money system was created in America, how inflation works.”
Swiss America Trading Corporation has grown into one of the largest and most respected firms in the industry with over 40,000 clients throughout the 30 year history. Smith told Brownfield the corporation has serviced over a million inquiries, written several white papers that have been sent to congressional leaders, and written 4 books since its beginnings in 1982.
Smith explains that for the past thirty years, “We (Swiss America) have been trying to show the American people that we have taxation and we have inflation and they work very similarly to one another. . .and we’ve tried to show the American people that there is an alternative to the traditional paper assets that you find on the Dow or the S & P. Those assets can be anything from corn to oil to gold.”
In this almost thirty minute conversation with Brownfield’s Cyndi Young, Swiss America Chairman and Founder Craig Smith answers the following questions:
Gold’s near $1800 an ounce; if it continues the upward trend, what’s the potential impact on the broader economy?
What’s gold’s current relation to ag commodities and how can the ag commodities use the price strength in gold to their advantage?
What can gold do to help shield investors from the fiscal uncertainties in the European Union?
How much of a role will gold play in China’s further economic growth and how can U.S. investors capitalize on that?
If someone’s in primarily ag commodities and wants to diversify to include gold, how much exposure should they give their portfolio?
Smith told Brownfield that if there was one thing he could do, he would want to communicate with every American that inflation is simply a redistribution of wealth. If you are interested in learning more, the website address is http://www.swissamerica.com or you can call 1-800-289-2646 or 1-800-BUY-COIN.