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Daily Gold Bullion Update

April 2, 2009 – Eagles Saint-Gaudens have become a popular investment alternative to precious metal investors want to own an asset that is fully private and non-confiscatable by the United States Government while at the same time obtaining a historically powerful profit-taking tool. In the past few years, wise investors have been purchasing these Eagles Saint-Gaudens coins along with similar types of investment grade certified rare coins, and lately the demand for them has increased substantially as other financial markets are simply too unstable to make a worthwhile diversification. Recent news is showing that the future of gold prices could be depended on today’s G20 Summit meeting in London, so it’s important that we keep a close eye on these events in order to maximize investment potential. Although stock markets are increasing for the day, their long-term sustainability is in jeopardy especially since inflation looks like it could begin taking its toll on our economy sooner than expected.

The value of Eagles Saint-Gaudens coins seem to be holding on strong despite the daily market spot price of gold dropping to $899.20 per ounce, a decline of $28.20 for the trading day and also a decline of $26.80 in the last 30 trading days. The recently lower spot price could spark a grand opportunity by investors who want to diversify into precious metals when the prices are low in order to possibly profit more once spot prices rebound. Happy investing and don’t forget to diversify your assets into bullion and certified metals if you feel that it could benefit your portfolio during these troubling times.

Daily Updates Archive

Jonathan Monroe

Senior Staff Writer – Gold-Bullion.org

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