Daily Gold Eagle Update

June 10, 2009 – In the past eight years, American investors have lost trillions of dollars from their retirement accounts as the United States economy slowly but surely began spiralling down into the worst financial crisis we have seen since the Great Depression, thus masses of investors have turned to gold Eagle retirement accounts that are being considered one of the ultimate ways to protect your nest egg from the dangers of this floundering economy. If you were invested in mutual-backed retirement accounts during years of 2001 and 2008, you could have lost anywhere between 30% to 65% of your hard-earned wealth, yet if you were invested in gold Eagle retirement accounts, you could have gained more than 300% on your initial investment because the spot price of gold increased from around $250 per ounce up to $900 per ounce and higher. Many wise investors are catching on to this increasingly popular trend, especially since the latest short-term forecasts have said that the metal may continue increasing in value significantly, possibly even reaching $1250 per ounce before the end of the summer. This being said, don’t hesitate to begin gold Eagle retirement accounts if you feel that you could protect your hard-earned wealth with one of history’s most preservative assets.

By around 2 PM Eastern Standard Time, the gold spot price is continuing to fluctuate lightly around the area of $950 per ounce, and it currently sits at $950.30 per ounce, falling $4.60 for the trading day yet still gaining $57.20 in the last 365 trading days.

Daily Updates Archive

Joshua Harris

Senior Staff Writer - Gold-Eagle.org