Find The Right Time To Invest In Gold Eagles With The Help Of Gold-Eagle.org

February 15, 2010 – With the conflicting economic news and the climb by both gold and the dollar, many people are probably wondering if this is a good time to buy American Gold Eagle coins. The answer to that question would be yes; current economic conditions and the fundamentals support higher gold prices, suggesting that the time could be right to purchase both the modern bullion Eagles and the pre-1933 American Eagle collector’s coins, offering a two-pronged approach to gold investment.

There are a number of factors that indicates now as a good time to invest in American Eagles; the current economic environment is extremely unstable, gold’s underlying fundamentals favor an increase and investors are reacting to risk aversion. Each of these factors points to this being a good time to invest in gold.

The current economic landscape is being shaped by the sovereign debt crisis in Portugal, Italy, Greece and Spain. Each country is believed to be in danger of defaulting on debt payments with revenues far below their ability to pay. Each has been flooding its market with new monies in an attempt to spend its way out of the predicament and the subsequent devaluing of the currency is dragging down the fiscal health. In the absence of a financial show of support by the EU, the euro has dropped, gold prices have soared and investors are getting nervous.

Fundamentals also suggest that this is a good time to invest in Gold Eagles. Gold’s Relative Strength Index and Full Stochastic Oscillator both indicate that gold is ready for another price climb. What’s more, the 200-day moving average shows that the metal is still on a steady upward incline, putting the numbers in support of a rise.

Each of these indicators suggests that now is a good time to buy Gold Eagles, both the new bullion and the certified rare coins. Bullion presents a solid short-term investment strategy, while certified coins historically perform even better than bullion in the long-term. For many investors, buying both the pre-1933 American Eagles and the modern-day American Eagles is a potentially strong strategy that could bring handsome benefits as prices rise. 

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Joshua Harris

Senior Staff Writer - Gold-Eagle.org