January 5 - Daily Gold Eagle Update

January 5, 2009 – Gold Eagle prices fall a bit today and lose some ground versus currencies such as the United States Dollar due to speculation that President elect Obama’s $775 billion stimulus plan may restore the economy and boost the US dollar’s value. As the Dollar continues to fluctuate, bullion gold Eagle investments have remained a solid alternative investment for those looking to profit and preserve during an unstable time for financial markets. It’s getting difficult for everyone right now, from the poorest to the richest; almost everyone seems to be losing money in one way or another. Throughout history precious metals such as gold Eagle investments have proved to remain solid value when other markets are not doing very well. Only time will tell what is in store for investors of all kinds doing these difficult times.

Today gold is trading at around $855 per ounce, down $3.30 or .38% for today but still up $100.70 or 13.35% in the last 30 trading days. Not bad considering tons of speculation from both stock investors as well as precious metal investors as to what will be the ultimate alternative investment when the mainstream moneymakers just aren’t doing the trick. It definitely makes sense getting into gold Eagle investments during this time the to the unclear future of the United States and the global economy. Have a great day and an excellent holiday season, and don’t forget to invest intelligently!

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Arthur McGuire

Senior Staff Writer - Certified Gold Exchange