Los Angeles, CA – CNBC’s Jane Wells today [June 6] interviewed Goldline International, Inc. (Goldline) President & CEO Mark Albarian about Goldline’s expansion during rising gold investment demand and higher gold prices. The interview on CNBC’s The West Coast Call took place at Goldline’s headquarters in Santa Monica, California.
More Investors Looking to Buy Gold
Wells asked Albarian about the precious metals and rare coin dealer’s expansion during an economic downturn which caused many companies to reduce, rather than increase, their labor force. Albarian explained that the expansion – Goldline has doubled its sales staff – was planned prior to the economic collapse. The combination of rising gold prices over the past few years and the increased gold investment demand has further enhanced Goldline’s business.
Goldline has seen more investors buy gold to diversify their portfolios. In the past six years, gold prices have more than tripled. Albarian expressed his personal view that 2009 may see a new gold record high while also cautioning that investors should always consider gold or any other precious metal for long term investing.
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 was up 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. In 2007, Goldline moved its trading floor and corporate offices to a 23,000 square foot office in Santa Monica to keep up with increased precious metals, and in particular gold, investment demand. Its continued expansion follows a long term plan allowing it to better serve its clients while meeting a growing investor demand for gold and other precious metals.
To request an interview with Mark Albarian regarding precious metal, rare coin, or gold investment, please contact Goldline at 1-800-827-4653.
About Goldline
Goldline, an industry leader in the precious metal and rare coin field, assists investors and collectors in acquiring physical precious metals, rare coins and rare currency. It offers insured delivery or insured storage through independent, third-party depositories. Goldline traces its corporate history to 1960 and its acquisitions include Deak International Goldline (US) Ltd. from Thomas Cook and Dreyfus Precious Metals, Inc. from the Dreyfus Corporation.
# # #
