Sunstock Inc. Purchases 10 Ounces of Gold Bars
SACRAMENTO, Calif., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Sunstock Inc. (OTC: SSOK), involved in the buying, selling and distribution of precious metals, today announces it has purchased 10 ounces of gold bars for $19,720.
“We are pleased to announce our first investment of the New Year,” stated Sunstock CEO Jason Chang. “Gold prices increased 24.1% last year, and we anticipate continued growth in 2021, driven by weakness in the U.S. dollar, inflation and broader market concerns surrounding monetary policies of the incoming administration and additional stimulus measures. Our plan is to keep a close eye on the markets and acquire inventory at prices favorable to our business model.”
Sunstock’s continues to build its inventory of gold, silver and rare coins, giving shareholders the opportunity to invest in the precious metals sector while avoiding the risks associated with actual mining operations. The Company generates revenues by selling wholesale to other retailers, customers and investors through its Mom’s Silver Shop, located in Sacramento, Calif.
About Sunstock Inc.:
Sunstock Inc. (OTC: SSOK) is involved in the distribution of precious metals, primarily gold. The Company pursues a “ground to coin” strategy, whereby it uses its wholesale and retail channels to sell these precious metals primarily through its own branded coins. For more information, visit the Company’s website at www.SunstockInc.com
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