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May 6, 2009 - Gold investing has been increasing in popularity year after year as the spot price of the metal continues to thrive while mainstream financial markets flounder amidst the worst financial crisis since the first United States Great Depression. During the beginning of the new millennium, gold investing was considered a speculative investment because stocks, bonds and real estate were thriving; yet we obviously know that it didn’t last long. In the past few years, masses of investors diversified in mainstream financial markets have lost significant chunks of the hard-earned wealth as corporate stocks began to contract, the United States dollar inflated and the real estate bubble burst. Many market analysts believe that we are currently in the middle of this precious metal cycle, so this means that we could see further gains as both inflationary and deflationary fears begin to wither away at our great economy.

By around 2 PM Eastern Standard Time, gold investing seems to be picking up in the United States as the New York Mercantile Exchange is reporting a spot price of $910.10 per ounce, jumping $14.20 for the day and also jumping $41.40 in the last month. Risk aversion demand is increasing yet again as the United States Dollar is expected to face serious pressure down the road due to the after-effects of trillions of dollars in stimulus and bank bailout packages. Fortunately, wise American investors could protect their hard-earned wealth with one of the most historically preservative safe haven assets available.

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Arthur McGuire

Senior Staff Writer – Gold-Investment.info