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Daily Gold Bullion Update

April 7, 2009 – Pamp Suisse bullion bars are shooting back up in value today as wise American investors begin to stray away from stocks and bonds and into physical possession gold bars and coins. The United States stock market is falling for the second straight day in a row, mostly after George Soros said that the flock to equities would not last. The recent market movement we have seen is directly related to the cloud of confidence that was put on people in order to make them believe that economies were recovering, when in reality they’re only getting worse. This being said, the Standard & Poor’s 500 Index increased 23% since March 6, which is considered an overdone rally to a de-valuing asset. The true problems with this financial crisis are still very much apparent and this is probably why so many wise investors are diversifying from their riskier assets into something a little safer, such as Pamp Suisse bullion bars and American Eagles. Fortunately, all these products can be purchased at a competitive price directly from the Certified Gold Exchange.

During the midday trading hours, Pamp Suisse bullion bars are jumping back up with the daily market spot price of gold that currently sits at $882.30 per ounce, an increase of $13.60 for the trading day and a decrease of $37.90 in the last 365 trading days. Market projections are still looking more bullish than ever, and several large financial institutions are holding on strong to their predicted $1500 per ounce by mid-summer. Invest well.

Daily Updates Archive

Jonathan Monroe

Senior Staff Writer –

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