Daily Gold Eagle Update

January 29, 2009 – Gold Eagle coin investing is gaining popularity very, very fast as the wide array of economic problems are hitting home and just as predicted two days ago, those who shifted from precious metals into equities are switching back with the realization that there is no hope for many other investments at the moment. In the last two days the metal has lost 2% of its value after gaining 5.7% in the last two weeks and we could be seeing another 5% to 6% gain here by around next week if things continue the way they are right now. Stock markets have fallen today for the first day in four days due to poor company earnings and record high unemployment rates that are causing much fear in the minds of American citizens and investors. Yesterday, the U.S. House approved President Barack Obama’s $819 billion stimulus plan and I feel that the fate of the United States lies on the execution of that plan. Failure could be fatal. This will most certainly be an exciting year for gold Eagle coin investing as I can see many investors flocking to the market once again due to a worsening economy.

Today we’re seeing the gold spot price increase into the area of $893 per ounce; this is a .82% increase for the day and also a 1.49% increase in the last 30 days. The sky is the limit right now for gold Eagle coin investing and with projections looking so bullish right now; I don’t see a better time to place an investment than very soon. Invest well and have an excellent day.

Daily Updates Archive

Arthur McGuire

Senior Staff Writer – Gold-Eagle.org