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C.D Hopkins Metals Division: Modern day gold rush takes Greece by storm

With Greek citizens literally digging for gold, the demand for the lustrous precious metal is higher than ever.

 
PRLog - Dec. 30, 2011 - RAPID CITY, S.D. -- LOS ANGELES – The country of Greece is currently under the microscope. With debt plaguing the nation and austerity measures in place to fight further damage, many citizens have dealt with slashed salaries, skyrocketing taxes and increased unemployment.

Immersed in economic volatility, some Greeks have found solace in tales of buried gold treasure from centuries past. Many have even taken it a step further – by setting out on expeditions to dig up the gold for themselves.

Leading precious metals dealer and financing institution C.D Hopkins Metals Division said Greeks are hoping to find gold to pay off their massive debts. Greek national debt currently sits at about $457 billion.

“For some Greeks, hunting for gold is a well-planned, elaborate event,” said Chadwick Hopkins, president of C.D Hopkins Metals Division. “They plot strategies, buy maps and trek in groups over land and sea. This gold rush is a national phenomenon.”

At least 10 attempts have been made to dig up buried gold recently around Grevena -- a farm town northwest of Athens – according to a Dec. 22 Washington Post article. During World War II, this region experienced fighting between occupying German troops and resistance troops. During the war, chests of gold coins were parachuted to resistance troops – only to surface now, decades later.

According to the Washington Post, permits must be obtained to conduct the gold searches, and strict laws are enforced by state archaeologists and police.

“Anyone who thinks they have information on the gold’s whereabouts has the right to look for it,” said Hopkins. “As a precious metal retailer, we at C.D Hopkins Metals Division are very interested in the high demand for gold in Greece. We believe the forecast for gold looks bullish across the globe in 2012, so we strongly believe that investors should purchase this precious metal to diversify and strengthen their financial portfolios.”

The Los Angeles-based precious metals dealer sells gold, silver, platinum, and palladium – as well as base metal copper – for immediate delivery or for secure storage at an independent depository.

For investors seeking additional information about buying gold from C.D Hopkins Metals Division, they can go to http://www.cdhopkinsmetals.com/products/buy-gold.php.

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About C.D Hopkins Metals Division

C.D Hopkins Metals Division is a leading precious metals dealer and financing institution located in Los Angeles, Calif., specializing in gold, silver, platinum, palladium and copper. With a C.D Hopkins Metals Division account, you can purchase precious metals for immediate personal delivery or arrange for convenient storage at an independent bank or depository. C.D Hopkins offers options for financing and selling your precious metals and expert account representatives to fulfill your investing needs. To find out how to open an account, visit http://www.cdhopkinsmetals.com/.

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Source:Molly Albrecht, Robert Sharp & Associates
City/Town:RAPID CITY - South Dakota - United States
Industry:Finance, Business, Investing
Tags:C.D Hopkins Metals Division, precious metal retailer, commodity dealer, gold bullion, precious metals dealer, greece
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