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Daily Gold Bullion Update

June 17, 2009 – Gold bullion retirement accounts are becoming increasingly popular amongst American investors who seek the profit and preservation potential of one of history’s most preservative assets in an exclusive nest egg diversification. Prior to 2001, a very large majority of retirement investors were diversified into mutual and bond-backed IRAs, and in the past eight years it appears that a massive shift into gold bullion retirement accounts has occurred as stock markets dwindled while the appeal of bonds withered away amidst a collapsing United States Dollar. Beginning gold bullion retirement accounts is a lot easier than you think, and it’s as simple as contacting a reputable precious metal exchange and asking them to assist you transfer your current IRA into a gold-backed IRA. More and more wise investors are flocking into these types of retirement accounts lately, especially since the current financial crisis is only showing signs of worsening by the day while the United States Dollar faces dangerous inflationary and deflationary pressures down the road as a direct after-effect of excessive government overprinting and quantitative easing measures. If you feel that your nest egg could benefit with the appropriate precious metal diversification, don’t let the opportunity pass you by.

By around 1:20 PM Eastern Standard Time, the gold bullion spot price is boosting up as speculation is arising about the overall instability with dollar-backed assets, and it is currently trading at $931.20 per ounce, jumping up .34% for the day and also jumping up 5.63% in the last year.

Daily Updates Archive

Jonathan Monroe

Senior Staff Writer - Gold-Bullion.org

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