Daily Gold Eagle Update

May 28, 2009 – In the past eight years, retirement accounts in particular have lost trillions of dollars as the United States economy slowly but surely sank into the dangerous financial crisis we are currently in today, and fortunately wise American investors have been able to protect their hard-earned wealth with gold Eagle retirement accounts that are being considered one of the wisest ways to protect hard-earned wealth in your nest egg during these troubling economic times. The simplest way to explain this situation is by comparing typical stock backed retirement accounts to gold Eagle retirement accounts. For example, if in 2001 you had $100,000 in a retirement account backed by stocks, it would have been worth between 40,000 and 60,000 in 2008, yet if you would have had that same $100,000 in gold Eagle retirement accounts, it would have been worth between 250,000 and 350,000. This is a massive difference that many wise American investors are beginning to catch on to. Fortunately, it’s not too late to begin a retirement account backed by gold, especially since the financial crisis may get significantly worse in the near future as inflation grows to dangerous levels, and what has thrived historically during high inflationary periods? Gold has.

By around 2:45 PM Eastern Standard Time, the majority of gold Eagle investments are increasing in value across the board as the daily market spot price is officially sitting at the resistance level of $960 per ounce. Currently, the metal is trading at around $960.50 per ounce, moving up 1.29% for the day and also moving up an impressive 7.52% in last month.

Daily Updates Archive

Joshua Harris

Senior Staff Writer – Gold-Eagle.org