A Sound Money OZ Investing Strategy, With Josh Phair

·34 min·3 clips

Josh Fair explains how his Opportunity Zone fund in Wyoming holds gold and silver in a vault, not real estate.

The episode begins with host Jimmy Atkinson introducing Josh Fair of the Wyoming Reserve, noting they are broadcasting from Casper, Wyoming, which is in an Opportunity Zone. Fair explains that unlike 90% of OZ funds focused on real estate, his fund invests in tangible physical property in the form of gold and silver held in a vault. He shares his background of 20+ years in precious metals, including founding Scottsdale Mint, which produces coins for foreign governments and central banks. Fair details why he chose Wyoming, citing its ranking as the number one sound money state, stable economy, and foreign trade zone status. He describes the Wyoming Reserve as combining tax advantages, vault operations, and precious metals on its balance sheet, comparing it to a self-storage facility but for third-party vaulting services. The discussion shifts to Fair's worldview, where he argues distrust in politicians and banks is driving a secular bull market in precious metals, with central banks buying gold at historic rates. He addresses inflation concerns, noting that 40% of the money supply was inflated in 2020 alone, and highlights gold's performance surpassing bonds over 50 years. Fair explains that financial advisors often discourage gold purchases to retain client capital, but the Wyoming Reserve works with broker-dealers to offer its product. He outlines the types of investors attracted to the fund, including those with capital gains, 1031 exchange users, and family offices. The tax advantages are elaborated, with Fair noting that physical metal and ETFs face a 28% collectible tax, while the Wyoming Reserve, as a C corporation, offers a 7% better rate and potential tax-free appreciation through QSBS. He emphasizes the fund's $50 million cap for QSBS benefits and a $50,000 minimum investment. Fair concludes by discussing the timing for investment, citing pre-election stability and turbulent times ahead, and shares his team's expertise, including Brian Bannister and Ron Baldwin. The episode ends with Fair directing interested investors to thewyomingreserve.com.

As heard by us

A practical look at an Opportunity Zone model built around a vault and physical gold and silver inventory instead of real estate.

Opportunity Zones usually come wrapped in a real estate story, so Jimmy Atkinson's conversation with Josh Fair of the Wyoming Reserve takes a different path.

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Why you'd press play

Curious how an Opportunity Zone strategy could use a vault, gold, and silver instead of a property deal?

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