May 18, 2009 - Gold coin investing is becoming widely known as one of the ideal ways to store hard-earned wealth during this current financial crisis, yet many investors do not know that this historically preservative and profitable investment method has been used for decades as the ultimate tool for wealth preservation. In 2001, our Economic Research Team had projected that the United States economy would face serious problems down the road, and sure enough we are currently in the worst financial crisis since the Great Depression. Back then, gold coin investing was considered a bit of a speculative investment, simply because it wasn’t a mainstream assets such as stocks, bonds and real estate. Since 2001, the metal has increased in value more than 300% as stocks and bonds tumbled and the real estate market collapsed. This goes to show the true potential of safe haven precious metals during times of economic distress, and this is precisely why so many investors are entering the market in order to achieve similar gains and preserve their hard-earned wealth as the financial crisis worsens.
By around 2:30 PM Eastern Standard Time, there seems to be lower demand for gold coin investing as uncertainties linger about short-term investments. Many investors are eagerly awaiting further economic data before diversifying in order to find out whether the economy may get better or worse. Currently, the spot price of gold is at around $919.70 per ounce, decreasing $11.20 for the trading day yet still increasing $18.10 in the last 365 trading days.
Arthur McGuire
Senior Staff Writer – Gold-Investment.info