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Daily Gold Bullion Update

August 7, 2009 – Gold bullion coins are increasingly popular precious metal diversifications that have become favorites to many investors around the United States in the past eight years as mainstream investing markets suffered from a contracting economy. Most investors who purchase gold bullion coins do it as a safe haven short-term profit-taking tool because if done correctly, these coins could give investors the profit potential that they seek during troubling economic times. If you seek short-term profit with gold, then this may be the market for you, yet always make sure that you thoroughly evaluate your investing portfolio with a precious metal expert in order to ensure that you are making the best out of your investment. This is very important because nobody wants to spend their hard-earned money on an asset that is not right for them.

There are many different types of gold bullion coins, and usually they are separated into two distinct categories; 22-karat coins and 24-karat coins. The most popular 22-karat coins available are the American Eagles and South African Krugerrands, while the most popular 24-karat coins available are the Austrian Philharmonics and Canadian Maple Leafs. Always remember that 22-karat coins typically hold lower premiums than 24-karat coins, and in particular the South African Krugerrand is the least expensive out of all gold bullion coins. If you would like to learn more about these popular diversifications, feel free to browse this website or visit other reputable websites like www.Gold-Investment.info and www.Buy-Gold.org.

Daily Updates Archive

Jonathan Monroe

Senior Staff Writer - Gold-Bullion.org

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