Daily News

February 19, 2009 – Gold investment predictions for 2009 have shown a positive outlook by market analysts and it’s all because demand for the metal can increase in the upcoming months and years as wise investors try to protect themselves from the problems ahead. Since the beginning of the year, gold has increased in value by more than 13%, which is impressive considering that the majority of equities are making many investors disappointed with the instability of corporations at the moment. All we can really say is that the United States was not ready for such a downfall and our excessive borrowing with no intent of paying back has put us in the position we are in right now. Unfortunately many stock investors have lost significant chunks of their wealth which is why they are looking at the latest gold investment predictions in order to see what could help them profit and preserve during one of the worst recessions in a very long time.

During the afternoon trading hours gold falls to around $971.80 per ounce, which is a decrease of $11.70 for the day but still an increase of $116.10 for the month. It’s surprising to know that several gold investment predictions made early in the year said that the metal would head into the $700 per ounce area and instead it completely went adversely to that and is now about 5% away from its all-time record high. I wish the best luck when investing in precious metals.

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Arthur McGuire

Senior Staff Writer – Gold-Investment.info