Gold bullion prices escalated dramatically on Tuesday morning as the dollar index suffered its first major blow of the year against the euro. While a large percentage of economists felt that gold bullion prices would drop until the end of February, the latest surge in gold prices is strong evidence that profit-taking has subsided for the moment.

As of 4:45pm EST on Tuesday, gold had climbed $18.50 to a per-ounce price of $1119. MarketWatch reported that this drastic change was largely due to dollar devaluation, and other news outlets reported that markets profited from new bullish projections on gold coming forth from the analyst teams at Bank of America Merrill Lynch as well as Suisse America. Gold is looking to stabilize for the first quarter between $1150-$1175 per ounce, and experts and technical traders believe that gold’s all-time high of $1226 (which was reached for the first time in December 2009) could be surpassed before summer is over.

The news isn’t all sunny, however, because the Dow and Nasdaq indexes’ early gains were soon replaced by substantial losses for the day. Additionally, the latest housing market news shows that more consumers are walking away from underwater mortgages and this is increasing the number of “ghost neighborhoods,” squatters, and crime. Continued trouble in the real estate market is expected for 2010 and 2011, and the government’s attempts at reviving this slumbering market have largely been unsuccessful thus far.

The lack of parity between our markets is why so many have diversified into gold bullion and other forms of precious metal investments, and you can always track gold bullion prices and trends directly at Gold-Bullion.org.

Short-term bullion investors characteristically benefit from receding gold bullion prices, because they realize that our economy hasn’t recovered, nor will it recover without a major, long-term overhaul. There has been no shortage of headlines or stories that are proclaiming “economic recovery”, but the New Year has a funny way of holding a mirror to economic reality. The holidays will come and go, and with them will all of the warm wishes and holiday greetings, and our economy dear readers, will remain in some deep, hot, steamy soup. Dollar values have managed to climb into the high 70s on the Index, but this isn’t such a phenomenon when you consider the recent Dubai bailout, which is interpreted by many as yet another frail, soluble finger, in a desperately leaky financial dyke.

Gold bullion prices are currently hovering just above $1102 per troy ounce levels, and trend savvy precious metals investors are purchasing items like 22-karat, modern American Eagles, or 24-karat American Buffalos, or Canadian Maple Leafs. The value of bullion and rare coins historically moves in the opposite direction of dollar values, so many bullion investors are now also considering using today’s receded bullion prices to diversify more costly, long-term investments in rare coins like Double Eagles. $20 Lady Liberty, and $20 Saint Gaudens, 22-karat, rare gold coins are also known as Double Eagles, and these coins are proven to protect wealth throughout recessions like the one we’re presently encountering. Investors are encouraged to complete their research, and then to contact one of our friendly specialists, who offer institutional discounts on American Eagle bullion, and Double Eagle rare coin, to household investors like you.

Danny Burns

Gold bullion prices are taking a beneficial profit-taking breather today, as the spot price retreated back to $1131.50 an ounce, and was hovering at $1133.30 as of 12:00 noon, EST. Yesterday’s newest all time record high of $1153.90 will most likely hold for one more day, as gold investors continue to collect short-term profits, as well as diversify their gold holdings to maximize the current gold investment trend.

Minimal research will show that gold prices generally rise during painful, long-term economic cycles of readjustment, and that gold bullion prices are advantageous for short-term investors. They purchase bullion bars and/or coins, whose prices hover just above the current gold spot price, which is the cost of one troy ounce of pure gold. They normally hold their bullion for periods of fourteen months or less before selling after a spike in the gold spot price, and then wait for gold prices to retreat before repeating the process. Gold bullion prices are more affordable for bars due to their simplicity, and reputable brand names for one-ounce and/or ten-ounce, 24-karat bullion bars are Engelhard, Johnson Matthey, PAMP Suisse, and Credit Suisse.

Bullion coins are only a bit more costly than bullion bars, but provide infinitely more aesthetic enjoyment. Bullion coins like 22-karat American Eagles are ideal vehicles for short-term gains, or superb diversifications for far more costly rare coins like Double Eagles, which are $20 Lady Liberty, and $20 Saint Gaudens, 22-karat gold coins. Modern American Eagles are also the only 22-karat bullion coin that is U.S. government approved for precious metal IRA storage. Acceptable 24-karat bullion coins include American Buffalos, Chinese Pandas, Austrian Philharmonics, Canadian Maple Leafs, and Australian Kangaroos, Koalas, and Lunar coins. Investors can avoid paying eye-gouging retail prices for their bullion and rare coin by contacting one of our friendly specialists, who offer institutional discounts to household investors like you.

Danny Burns

Although gold bullion prices are traditionally more affordable than rare coin’s, investors can buy bullion coins that appreciate over time, due to their limited minting. Gold bullion prices usually hover a little bit above the current spot price, which is the cost of one Troy ounce of pure gold. Bullion possesses no numismatic value, which generally appreciates over time, which is why bullion is significantly more affordable than rare coins, which do possess numismatic value. Because of bullion’s relative affordability, it has historically been used for potential, short-term profit ventures. Today’s household investors can also use bullion bars and coins for long-term financial security, as U.S. government-approved bullion is permitted for gold-backed IRA storage. Bullion bars carry the lowest gold bullion prices, and reputable brand names for bullion include Engelhard, Johnson Matthey, Credit Suisse, and PAMP Suisse, for purity.

Gold bullion prices are a bit more costly for coins, because of their greater intricacy. The lowest bullion coin prices belong to South African Krugerrands, but Krugerrands aren’t permitted as precious metal IRA contributions. More investors purchase 22-Karat, American Eagle bullion coins, than any other coin in the world. These beautiful bullion coins contain an added alloy of copper and silver for greater durability, and like all bullion coins, they are also offered in smaller denominations for greater affordability. American Eagles get their obverse design from the legendary, $20 Saint Gaudens rare coin, minted from 1907 to 1933. They are also offered in proof, and “Ultra-High” proof form, which make supreme candidates for physical possession. Investors are encouraged to contact one of our friendly specialists, who offer expert consultation on gold bullion prices, as well as institutional discounts on bullion bars and coins.

Danny Burns

It is widely known that gold bullion prices tend to hover slightly above the spot price of gold, which is the cost of one Troy ounce of pure gold. Gold bullion has been referred to as “gold in bulk form”, as bullion’s value lies in its’ purity, not its’ designs, or rarity. The simplicity of gold bullion prices was initially quite appealing to novice investors, who had converted the remains of their decimated stocks and bonds investments into precious metals. Now that these investors are considering diversifying some (or all) of their bullion into investments like silver bullion, or rare coin, gold bullion prices are still relevant, as investors may want to sell some of their bullion, or buy a different type of bullion, altogether.

A great many novice investors initially invested in gold, through purchases of ETFs, or Exchange Traded Funds. ETF’s are gold bullion shares that are purchased over the Internet. These types of purchases are viewed by many veteran investors to be speculative, as no physical gold ever reaches the actual hands of the investor. Physical possession has traditionally been recommended for at least part of a bullion investment, in the event of some unforeseen emergency, or a possible second run on our nation’s banks. ETF investors may want to consider converting some of, or all of their “electronic bullion” into physical metal, like bullion bars or coins. Reputable bar brands include Credit Suisse, or Johnson Matthey, while reputable bullion coins like Canadian Maple Leafs, or Chinese Pandas, are also very popular. Contact a reputable, large volume precious metal dealer, like the Certified Gold Exchange, for expert gold bullion prices consultation and competitive prices.

Danny Burns