Gold-Bullion.org
Gold Spot Price $1225 -1.50    Silver Spot Price $14.30 -0.11    Platinum Spot Price $839.00 -12.00    Call Our Gold Bullion Hotline at 800-300-0715 For Live Quotes On Gold Coins And Bars - Always Free, Insured Delivery.
map3
Daily Gold Bullion Update

May 19, 2009 – Many investors are beginning to prefer bullion coins as opposed to mainstream investments like stocks and real estate because historically, gold thrives during times of economic distress, and in the past few years we have seen the metal outperform most other financial markets as the global economy spiralled down into one of the worst recessionary cycles we have ever seen. Bullion coins hold many significant advantages over stocks and bonds, such as their interesting inverse correlation with the United States Dollar, which basically means that they could increase in value when the dollar flops. Another interesting advantage of bullion is their anti-inflationary properties. Wise investors typically purchase gold when they feel that inflation is on the rise, which could signal potential losses with investments that are tied directly to the United States Dollar, such as stocks, bonds and real estate. This is probably why so many American investors are beginning to purchase precious metals at the moment, especially since our government has injected trillions of dollars into this economy in order to prevent the dollar’s collapse.

By around 12:45 PM Eastern Standard Time, bullion coins are increasing in value across the board as everything from American Eagles to Canadian Maple Leafs are seeing moderate gains based on the spot price of the metal climbing up to $925.60 per ounce, increasing .89% for the day and also increasing 2.66% in the last year. Short-term market projections are forecasting $950 per ounce by the end of the week if the recently released negative economic data creates significant short-term safe haven demand.

Daily Updates Archive

Jonathan Monroe

Senior Staff Writer – Gold-Bullion.org

RSS icon
Call Our Bullion Specialists Free Info On Gold Bars Gold Bullion IRA Gold Bullion Depositories
RSS Big Icon