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March 18, 2009 - Bullion bars such as those produced by Johnson Matthey and Pamp Suisse are losing value for the third day in a row due to speculation that the United States economy will recover from its current recession, thus slowing down the appeal for safe haven precious metals. Although the market is experiencing a small setback at the moment, overall many investors feel bullish about the future of the metal when used as a long-term investment. In the short term the market could experience a bit of instability but it’s mostly due to the instability in other markets such as stocks and the United States Dollar, and of course confidence in the United States in general. Latest news says that the Federal Reserve is expected to stimulate the economy by purchasing mortgage securities. These kinds of actions usually cause short-term confidence that is usually broken shortly after when people realize the severity of our economic recession. This is precisely why investors are buying bullion bars and coins in order to protect themselves from a darker future. When do you think this recession will end?

Today, bullion bars and coins are moving in the downward direction along with the spot price that is currently at around $887.40 per ounce, it is down $27.50 or 3.02% for the trading day which equals to a $94 or 9.58% loss in the last 365 trading days. Those looking to begin a precious metal investment could benefit by entering the market now especially since short-term projections are expecting a rebound by the end of the week and into early next week.

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Arthur McGuire

Senior Staff Writer –-Investment.info