April 16, 2009 – Investors who own stocks and bonds, or any other asset tied directly to the strength of the United States Dollar and its corporations may find the long-term wealth preservation they seek with the Saint-Gaudens Double Eagles certified by companies such as the Professional Coin Grading Service and the Numismatic Guaranty Corporation. Since the beginning of the financial bubble burst in 2001, wise investors who have owned these Double Eagles have made more than 300% profit on their initial investment while several stock indexes fell more than 50% at times. Nowadays, mainstream financial markets are experiencing more heavy fluctuation with no sign of stability in sight and several market analysts are expecting an absolute collapse of American equities by mid summer as a direct result of growing inflationary pressures on our United States Dollar. It’s very fortunate that American investors can protect their long-term preservation by diversifying into Double Eagles that are considered an ideal diversification option during recessionary cycles.
By around 2:30 PM Eastern Standard Time, it appears that the rally to equities is continuing to firm while the gold spot price acts adversely, falling to $873 per ounce, a drop of $17.60 for the trading session and also a drop of $41.90 in the last 30 trading sessions. Spot price projections continue looking bullish, and most are in the area of $900-$1200 per ounce by the middle to end of the summer. This being said, don’t miss the chance to invest in an asset that may thrive during this precious metals cycle.
Joshua Harris
Senior Staff Writer – Gold-Eagle.org