Scared by an unstable economy, Americans bought a lot of gold over the 3rd quarter at levels unseen since the 2008 financial crisis. This included many Phoenix precious metals investors. According to this CNN Money article, U.S. demand for gold bars and coins surged 207% during the third quarter.
Phoenix Precious Metals News: Market Turmoil and Low Prices
With Gold prices falling below $1,100/ounce (its lowest level in 5 years) and unstable global markets , investors were spooked into buying up gold as its a great way to secure assets. Fears were caused by China’s economic struggles and fears that the Federal Reserve was trapped at zero percent interest rates.
Landmark Capital is the Trusted Phoenix Precious Metals Company
Look to Landmark Capital for reliable answers, simple understanding and competitive prices.
Education is extremely important and in order to get the proper one you should be talking to a company where the CEO has at least a couple of decades of experience. “I have been in every market imaginable. The team that I have assembled is here to help you be properly educated. We are here to assist you in defining an entry strategy that is tailor made for you. Once you understand the basic markets and how they work you can choose which one best fits you and your needs. You will get answers to your questions.” David Fischer, CEO and Founder of Landmark Capital Precious Metals.
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To read the rest of the CNN Money article, click here
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