Daily Gold Eagle Update

February 17, 2009 – Gold Eagle investing is becoming more popular by the day as fears that the economy may worsen in the coming months is driving many wise investors to purchase more safe haven assets like American Eagles and Canadian Maple Leafs. The metal alone has risen to a seven-month high on these fears and with today’s signing of a $787 billion economic stimulus package, many are predicting that further highs will be seen throughout the year as a result of hyperinflation. Companies such as the Certified Gold Exchange have reported an increased aggressive demand from investors seeking to begin gold Eagle investing or pretty much any other type of safe haven precious metal investment. These wise investors around the country are using gold Eagle investing as a method of risk aversion from the potential problems that could occur in the stock markets as a result of corporations sinking by the day.

During midday trading gold is up to around $967.50 per ounce, an increase of $25.90 for the trading day and also an increase of $125.10 in the last 30 trading days, not bad considering that several stocks have lost about 5% of their value in the last month. It has been common to see bullish projections about the future of precious metals and gold alone has been considered the “investment of the generation” by many top financial analysts and it could live up to its name as the economy continues to worsen. I wish you the best luck when investing.

Daily Updates Archive

Arthur McGuire

Senior Staff Writer – Gold-Eagle.org