The Cuban entrepreneur and influencer Carlos Marcelín, known for his popular videos on social media where he negotiates luxury watches and jewelry at his store CRM Jewelers in Miami, surprised his followers with a brilliant investment story.
In a recent video posted on Instagram, he showed the moment when he received a visit from Alan, a renowned jeweler from Downtown Miami. This personal friend of Marcelín arrived at his business with an unusual proposal: to sell a three-kilogram gold bar.
He explained that he had bought it seven years ago for 150,000 dollars, when the price of the precious metal was much lower.
“It's three kilograms and it's 24-carat gold. Today it has a value of 396,000 dollars. I want to sell it because I think that in a few months the price of gold might drop,” the jeweler commented.
Carlos, however, was skeptical about that possibility. “I don’t know if it will go down or not, but I am sure of one thing: I prefer having gold in the safe rather than having paper,” the Cuban stated, clearly expressing his confidence in the value of the metal as a financial refuge.
Both agreed to finalize the sale of the gold bar weighing 3.074 kg, for a final price of 400,000 dollars.
What do you think? Do you believe the price of gold could go down or will it stay high? Would you sell gold now or hold onto it hoping it continues to rise?
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