Daily Gold Eagle Update

December 14, 2009 – Gold Eagle investments gained a small amount of value this morning, after it was announced that Dubai would receive no less than $10 billion in financial aid in response to its mounting economic crisis. Investors around the world have supplemented their gold holdings in response to the multitude of nations that are in financial trouble. If the worldwide financial meltdown continues, prices for Gold Eagle coins as well as other physical possession gold could continue to increase.

Gold Eagle coins come in three different varieties, and each of these varieties is useful for a different investment purpose.

Post-1986 Gold Eagle bullion coins come in one-ounce, ½ ounce, ¼ ounce, and 1/10 ounce weights, and these coins are heavily targeted by gold investors who plan on holding their position 1-14 months. Gold bullion coins closely follow the gold spot price, although their affordability is countered by the fact that our government can confiscate these coins to aid our nation’s financial recovery. Visit www.Gold-Investment.info to learn more about our government’s historic confiscation of gold bullion from US citizens.

Gold Eagle Proof coins are produced in the same weights and years as the aforementioned coins, and these coins have been stamped by the dye multiple times to produce a coin of greater clarity and beauty. Besides the aesthetic differences, the Proof Eagle is only different in one other way. Proof Eagle coins are the only gold coins permitted within IRA holdings that have been deemed non-confiscatable assets by our government.

Gold Eagle coins that were minted prior to 1933 and that have remained in Uncirculated Mint State condition are often used for long-term gold investing within the United States. These coins, such as the $20 Saint Gaudens and the $20 Lady Liberty, have historically been more profitable than gold bullion, and their non-confiscatability is a vital draw for privacy-oriented buyers. During our current recession, investors have steadily increased their holdings of pre-1933 US coinage. To get started with a Gold Eagle investment or to learn more about the gold market in general, contact Gold-Eagle.org directly or browse the helpful tutorials below. 

Daily Updates Archive

Joshua Harris

Senior Staff Writer - Gold-Eagle.org