Rochester business shares how gold prices rising are affecting them | News [Video]

ROCHESTER, Minn. – Med City Coin & Bullion Owner Mike Demarino says he’s seen more people buying gold metals than selling it. He says over the past month he’s seen around 40 customers each day. 

With a fluctuating market Demarino says it’s smart to invest in metals. 

“I’ve always thought having gold and silver is a smart idea you know because it has been around for thousands of years and no matter if you have cryptocurrencies you know your paper money and this and that,” said Demarino. “When they come and go you got your constant is gold and silver.” 

He also says the value of metals can be more reliable than any other currency. 

“People are actually taking cash out of their savings because they’re not trusting the value of the dollar anymore,” said Demarino. “And …