Daily Gold Eagle Update

January 30, 2009 – Today we’re seeing a significant increase in the physical possession demand for gold Eagle bullion and certified rare coins as investors are flocking to the precious metal markets once again in order to save their assets from the upcoming trouble in the United States economy. Investors who never even considered investing in precious metals are now turning to companies such as the Certified Gold Exchange and other top nationwide exchanges in order to diversify their assets properly so they can profit and preserve the best they can during this financial crisis. On Wednesday, the House of Representatives approved President Barack Obama’s $819 billion stimulus plan, and many Americans are very anxious to see what the results will do to our economy. Although we could see some short-term assistance, it’s the long-term inflation that should worry us and it’s also the reason why many investors could continue flocking to companies such as the Certified Gold Exchange instead of stocks and bonds in the near future.

During midday trading the Certified Gold Exchange is reporting a .91% increase in the price of the metal and a 4.06% increase in the last 30 trading days. Projections continue to look bullish and many are saying that this could quite possibly be one of the best years ever for precious metals. All we can really do is hope for the best but prepare for the worst with our safe haven investments. Invest well, have a great day and an excellent weekend.

Daily Updates Archive

Arthur McGuire

Senior Staff Writer – Gold-Eagle.org