Gold Eagle Sales and the Times

American Eagle gold bullion coins are back on sale at the US Mint. There are a few thousand 2009 coins left over to be sold along with the 2010 version. The Gold Eagle coin has been around for nearly 25 years as a means for investors to buy gold bullion. During this time, there have been political and economic ups and downs. This popular source of gold bullion exists to provide a source of security as the dollar plummets or trouble brews overseas.

Investors can buy gold bullion coins for short term investments of one to fifteen months, or they can buy gold bullion coins to hold for decades while currencies devalue and financial and social chaos threatens time and time again.

Nearly fifty years ago when Mainland China and Taiwan were at swords points over the Taiwan Straits, gold bullion was $35 an ounce. Today China is complaining that the United States has supplied defensive weapons to the island nation that the mainland says is still part of China. China has cancelled top level military visits and is attempting to pressure US companies pressure the US Government politically. Gold today is just under $1,100 an ounce. During international crises, gold is typically the investor’s protection against currency devaluation and a refuge when social chaos or war threatens.

Gold Eagles can be used today as a source of security when international events threaten to upset the economic balance of things, especially as the world is trying to pull itself out of the worst economic crisis since the Great Depression.

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Joshua Harris

Senior Staff Writer - Gold-Eagle.org