Kevin DeMeritt Shares Insights on Gold Investment to Protect Consumers at BBB Panel

Kevin DeMeritt, the founder of Lear Capital, played an integral role in the recent Better Business Bureau (BBB) panel titled "Buying and Selling Gold: What Every Consumer Needs to Know." This insightful event was held at Beverly Hills City Hall and moderated by business journalist Frank Mottek. The discussion was centered on crucial aspects of investing in precious metals, specifically gold, and aimed at educating consumers on how to navigate the often-complicated marketplace.

During the panel, DeMeritt stressed the importance of consumer education. He remarked, "The first thing would be to get educated. There is a lot of free information and very educational material available. It’s essential to understand your objectives and factors in play to make well-informed decisions." His emphasis on education aims to arm potential investors with the knowledge needed to differentiate between reputable and potential scams in the precious metals market.

DeMeritt also underscored the significance of working with trustworthy dealers. He stated, "You have to work with somebody reputable. The guys who just started yesterday may not be the best option. If you've been around for a while, it’s a good indicator of the quality of what you’re buying.” His experience led to a cautionary sentiment regarding the recent incidents of fraud, such as a troubling gold scam that targeted elderly investors, where Lear Capital cooperated with the FBI to thwart a $13 million scheme.

The discussion dovetailed into broader market trends, particularly noting the rising industrial demand for silver, showcasing how diverse interests in precious metals can influence investment strategies. DeMeritt further advocated for an informed approach, encouraging consumers to consider all factors, including potential market fluctuations, saying, "If the precious metal goes down or up, at least they know where they started and can make decisions accordingly."

Lear Capital, founded in 1997, has positioned itself as a trusted name in the precious metals industry. The firm's commitment to transparency and client education aims to empower investors, helping them understand how to weave gold, silver, and other precious metals into their long-term financial strategies. The organization not only provides expert guidance but also offers various resources and educational materials, making it easier for clients to navigate the complicated world of precious metals investments.

As DeMeritt concluded, “Consumers need to be educated; it's essential for making decisions that they can live with in the long run.” This philosophy underpins Lear Capital's approach to consumer education, reinforcing the idea that a well-informed investor is a safeguarded investor.

For further insights, resources and to download their informative silver market report, Lear Capital encourages individuals to visit their website or reach out to their knowledgeable representatives. This commitment to consumer protection and education stands as a testament to Lear Capital's ongoing dedication to fostering a safer investment environment for all.

By focusing on consumer protection and education, Kevin DeMeritt and the BBB panel are paving the way for a more informed investment landscape in precious metals, ultimately empowering consumers to make wise choices for their financial futures.