Precious metals shine as long-term investments
by Marti Gacioch
In this ever-changing economic climate, gold and other precious metals continue to hold a strong allure for knowledgeable, discriminating investors, said Peter Kevorkian, owner of United Coin and Precious Metals.
Kevorkian’s had a lifelong interest in coin collecting and also has an indepth knowledge of precious metal investments. He views the current debasement of currency on the global level as a signal for serious, long-term investors to take advantage of the buying opportunities now available in precious metals.
“Currency is continually being debased because the United States, the European Central Bank, Japan and numerous other central banks around the world keep printing currency,” Kevorkian said. “Right now you’re seeing a stronger U.S. dollar because of all the weaker currencies abroad, which strengthens ours, but only as amatter of default.”