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Euro Pacific Capital Expands Southern California Presence with Office in West Los Angeles

June 30, 2008
National Retail Brokerage Firm with Orange County Roots Opens Location in Brentwood

Darien, CT - (June 30, 2008) - Growing rapidly as a result of American investors' widening concern about the weakening U.S. dollar, Euro Pacific Capital, a Connecticut-based full service FINRA registered broker- dealer, has just the announced the opening of a branch office in the Brentwood section of Los Angeles. The new office will join the firm's original office in Newport Beach, CA in providing non-dollar investment advice to Southern Californians.

Known to a wide audience largely as a result of the accurate and outspoken views of the firm's president Peter Schiff, the author of the best selling 2007 investment book Crash Proof: How to Profit from the Coming Economic Collapse, Euro Pacific Capital currently serves more than 10,000 retail clients who have invested more than $1 billion in capital. The firm focuses primarily on high dividend-paying stocks denominated in foreign currencies that trade solely on foreign exchanges.

The new office is the firm's sixth (joining offices in Darien, CT, New York City, Palm Beach, Fl, Phoenix, AZ, and Newport Beach) and will be led by branch manager Hemant Kathuria, who has moved to the office from the Newport Beach branch. John Downs, another veteran of the Newport Beach office will serve as the assistant branch manager.

"Unlike Euro Pacific, the typical U.S. brokerage firm has done a poor job highlighting the risks associated with holding U.S. Dollars, said Peter Schiff. "As the dollar continues to weaken, as a result of persistent global economic imbalances and the irresponsible monetary and fiscal policies coming from Washington, we expect to continue expanding our physical presence across the United States."

Said Hemant Kathuria, "Although our firm has some regional recognition based on our history in Orange County, establishing an office in Los Angeles itself is a natural and important step for us to take. We look forward to helping clients at all financial levels preserve their purchasing power by diversifying into stronger currencies."

Given its overseas focus, Euro Pacific has expanded rapidly in recent years, even as more traditional brokerage firms have contracted. In addition to Mr. Kathuria and Mr. Downs, the Brentwood office will be staffed, initially, by five investment professionals who are working directly with clients. It is hoped that the office will ramp up to a dozen brokers or more within the next year. Experienced Los Angeles-based brokers looking to join the firm, who share the Euro Pacific's sober assessment of the U.S. dollar, should contact Mr. Kathuria at 12400 Wilshire Blvd, Suite 1060.

About Euro Pacific Capital
Founded in 1980 and headquartered in Darien, Connecticut, Euro Pacific, www.europac.net is a full service, FINRA-registered broker/dealer. With more than $1 billion in client assets, the firm currently operates from offices in Newport Beach, CA, Phoenix, AZ, Medford, OR and New York, NY. Peter Schiff, the president of the firm and the author of Crash Proof: How to Profit from the Coming Economic Collapse, is widely known as an advocate for foreign investing.

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