Hunter Wise Commodities: Greek austerity measures contribute to gold rush for long-lost treasure

Jan. 6, 2012 - PRLog -- LAS VEGAS – Two years of austerity measures have taken a harsh toll on the country of Greece, resulting in shrinking salaries, rising taxes and record unemployment for many citizens.

Surrounded by instability, a growing number of Greeks have found comfort in myths of buried riches from centuries past – particularly gold. Not only are Greeks digging up stories of past treasures – but they’re taking it a step further and venturing out to find the gold themselves.

“These Greek citizens are searching for enough gold to pay off their debts. National debt in Greece is currently about $457 billion,” said Ed Martin, CEO of Hunter Wise Commodities, a leading physical commodity wholesale dealer in Las Vegas. “They buy maps, pass on tips and go on gold-hunting expeditions. This has become a national phenomenon in Greece.”

According to a Dec. 22 Washington Post article, at least 10 attempts have been made to dig up buried gold over the past few months around Grevena, a farm town northwest of Athens. This region experienced battles between occupying German troops and resistance fighters during World War II. Many treasures like chests of gold coins were parachuted to resistance troops who fought the Germans – and remain uncovered decades later.

In Greece, anyone who thinks he or she has information on buried treasure has the right to look for it – as long as laws are obeyed. Each person’s share of the find is determined by ministerial decision.

According to the Washington Post, many legitimate hunts, which require a slew of official permits, have been conducted across the entire country of Greece in recent years. These hunts are overseen by state archaeologists and police.

“The demand for gold across the globe perpetually fascinates us here at Hunter Wise Commodities,” said Martin. “As a precious metal wholesale dealer firm, we believe investing in gold is a smart option to ensure a secure financial future.”

With a bullish global outlook expected for gold in 2012, Hunter Wise Commodities recommends that new or existing dealers consider becoming independent dealers with its wholesale precious metal firm. Martin said independent dealers will benefit from Hunter Wise’s unique business model, as well as its multiple revenue-sharing and profit centers.

For more information about becoming a new independent dealer with Hunter Wise, visit http://www.hwcom.com/opportunities/new/business-model.php.

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About Hunter Wise Commodities

Hunter Wise Commodities, LLC is an affiliate of Hunter Wise Financial Group, LLC. The wholesale dealer specializes in the purchase and sale of precious metals such as gold, silver, platinum, palladium and copper. The company’s corporate headquarters are in Las Vegas, Nev., with additional offices in Irvine, Calif., and London, England. For more information about the company, visit http://www.hwcom.com/.