Daily Gold Eagle Update

April 7, 2009 - Wise American investors looking to protect their hard-earned wealth from further negative economic problems are finding the safety and security they need by deciding to buy gold Eagles in both bullion and certified investment grade rare varieties. In the past few days we have seen a rally to equity markets after the United States Federal Reserve announced that things would be getting better for the economy, but in reality it’s almost like we are digging our own hole with a shovel by the name of inflation. Inflationary fears are growing at frightening levels as the United States Government has officially reached $10 trillion in temporary assistance since the beginning of the recession. For those who don’t know, that same number is the same as our overall national debt, which could take up to 50 years to pay off, and now with the addition of a few more trillion dollars, will we ever see better days? Fortunately, the wise few who buy gold Eagles now before it’s too late have the potential of preserving their long-term spending power so that themselves and their family can thrive while others who didn’t make sound investment decisions are foundering.

It’s not too late to buy gold Eagles, especially since the spot price of the metal is much lower than expected, and it currently trades at $882.30 per ounce, spiking up $13.60 for the day but still dropping $37.90 since last year. Many of these losses could be erased by the end of the week if the latest market projections saying that $950 per ounce by Friday actually occurs. Invest well and don’t forget to diversify while you can.

Daily Updates Archive

Joshua Harris

Senior Staff Writer – Gold-Eagle.org