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March 16, 2009 – Precious metal firms around the country are beginning to give more gold investment advice than they expected because of an increased amount of wise investors deciding to finally pick up safe haven assets due to the array of problems occurring in our economy at the moment. Today the metal seems to be decreasing in value for the first day in four trading sessions due to climbing stocks and a slightly stronger United States Dollar. Historically, a stronger dollar usually means lower precious metal prices, and that’s precisely what we’re experiencing today. Although there is a higher confidence in the United States economy, short-term projections are saying that things could get worse before the end of the year despite the latest news from our Federal Reserve Chairman saying that the United States recession will probably come to an end during 2009. Investors don’t know what to expect right now, and this is probably why they are protecting themselves by seeking quality gold investment advice from companies such as the Certified Gold Exchange in order to diversify their assets appropriately in the event that worse things occur.

Spot prices are decreasing today, but a balance of uncertainty and confidence in our economy is limiting losses. The wise investors looking for the best gold investment advice should be aware that the current spot price sits at $921.50 per ounce, which is a decrease of $7.90 for today and also a decrease of $20.10 for this month. Several of the latest short-term market projections are saying that this could be an excellent time to purchase bars and coins especially since they are projected to increase substantially by the end of the year.

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Arthur McGuire

Senior Staff Writer – Gold-Investment.info