CNBC's Jane Wells Interviews Goldline's Mark Albarian about Increased Gold Investment Demand
On January 6, 2009, CNBC's Jane Wells visited Goldline International, Inc.'s headquarters in
Santa Monica, CA for a live interview during The West Coast Call. You can
watch this interview in its entirety by clicking the play button on the video.
Increased Gold Investment Demand
During the interview, Goldline President & CEO
Mark Albarian
explained how the precious metals and rare coin dealer was able to expand during what is a
difficult economic time for most people in the U.S. He also expressed his personal view
that, in 2009, gold may see a new record high though investors should always consider precious
metals as a long term investment.
Goldline
has seen more investors diversify their portfolios with precious metals in the gold
market bull run since the lows of 2001, during which gold prices have more than
tripled.
In a separate October interview
with CNBC about the effect of the financial crisis on gold prices, Albarian estimated that
gold investment
directly following the financial meltdown had increased approximately 300%.
Leading Dealer for Precious Metal, Rare Coin & Gold Investment
Goldline is one of the largest companies working with investors and collectors in the gold,
coin, and precious metals field. Goldline's expansion is part of its long term plan to
better serve its clients and meet the growing demand for gold and precious metals. In
2007, Goldline moved its trading floor and corporate headquarters to 23,000 square foot offices
in Santa Monica, California.
