Daily Gold Eagle Update

March 2, 2009 – Gold Double Eagles and have quickly become a wise investment tool that has the potential to profit and preserve very well during the economic challenges we face. Investors are starting to realize the severity of this financial crisis and thus they are beginning to flock to safe haven investments like precious metals and gold Double Eagles, which have been projected to be some of the wisest investments to own at the moment. Stocks just aren’t doing well right now and today they have fallen below 6900, which is the lowest we’ve seen since 1997. Many market analysts are starting to believe that a severe contraction is on the way and that the stock market may just crash below 5000, which could signal a massive rush to gold Double Eagles and virtually any other precious metal investment that is historically preservative. It’s important to keep our eyes on all markets in order to know the best time to enter and exit to achieve maximum investing potential.

Certified rare coins have continued to maintain their value while bullion Eagles fell a bit this morning but are now rebounding due to an increased spot price of $943.70 per ounce. Several of these short-term projections for the metal are saying that prices will stay in the current area for about another week or so and then start heading toward the record high price of $1033 per ounce during the middle of the month. Happy investing.

Daily Updates Archive

Arthur McGuire

Senior Staff Writer – Gold-Eagle.org