February 3, 2009 – Gold Eagle coins are proving to an excellent investment to have during this financial crisis and even though we’re experiencing some mixed fluctuation this week, the coins are still at an overall increase for the month and are projected to continue increasing by the end of this week. Gold, stocks and the United States Dollar have been on many investors’ minds lately especially since they have all been witnessing weirder than usual increases and decreases. For example, today we’re seeing the United States Dollar and stocks fall while precious metals are fluctuating up and down but are mostly at a decline, this alone is something we do not see every day and it could signify some difficult times in the near future for many investments. Safe haven investments like gold Eagle coins have been predicted to maintain in the $900 area as long as this fluctuation continues. 2009 will certainly hold some great surprises for many investors.
Today we see the gold spot price fall down to around $896.50 per ounce, down .92% for the trading day but still up 2.47% in the last 30 trading days. As the economy continues to worsen, investors should continue seeking their safe haven assets in order to protect and profit their hard-earned wealth when most other investments are failing. Gold Eagle coins could prove to be a worthwhile investing strategy as long as it’s done correctly. Invest well and have an excellent day.
Arthur McGuire
Senior Staff Writer – Gold-Eagle.org