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June 17, 2009 - Gold investing is becoming more popular today as major uncertainties are beginning to arise about the future of the United States Dollar and its potential to maintain prominence as the world’s main reserve currency. Major countries from around the globe including Brazil, China, India and Russia have teamed up in order to challenge the authority of the dollar. These actions have created significant short-term weakness with the fiat currency as wise American investors are beginning to flock away from dollar-backed assets in exchange for gold investing and other safe haven diversification methods. In other news, the recently released Producer Price Index and Consumer Price Index have shown growing inflation, yet not as high as market analysts forecasted. Still, several market analysts believe that inflation will not show significant growth in our economy until interest rates are increased, which may happen by the end of the year. This being said, don’t miss the opportunity to begin gold investing if you feel that you could protect your hard-earned wealth from the ever increasing dangers of a worsening economy.

By around 3 PM Eastern Standard Time, the majority of gold investments are seeing minor increases in value today as bullish market analysts continue forecasting higher spot prices in the near future as a direct result of the current instability with fiat currencies and mainstream financial markets. The current spot price is trading at around $937.20 per ounce, increasing $2.30 for the day and also increasing $55 in the last year.

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Arthur McGuire

Senior Staff Writer - Gold-Investment.info