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March 23, 2009 - Gold current prices are decreasing yet again due to a strengthening United States Dollar which in turn has increased the confidence in equity markets. Wise investors around the nation are taking advantage of the lower gold current prices by investing in products such as the American Eagles and $20 Saint-Gaudens coins. The latest economic news comes from the United States Treasury, and they have formulated a plan to assist our private sector by purchasing billions of dollars worth of toxic assets. Market analysts believe that the plan looks positive in the short term, yet could have long-term side effects, which could result in hyperinflation due to vast amounts of fiat currency being injected into our economy. Now could be a good time to track the market and enter at the right time in order to take full advantage of the potential that precious metals have during this financial crisis.

Gold current prices are falling for the second day in a row due to the metal running in a complete opposite direction of the United States Dollar and stocks, and currently the spot price sits at $951.20 per ounce, down .15% for the day and still up 3.48% for the year. The overall movement that the metal has made in the past 365 days is impressive compared to the 14% decrease in value that the MSCI Index of stocks has experienced since then. Both short and long-term projections are looking bullish for the metal, so keep your eyes on the spot prices along with the United States Dollar and don’t forget to invest well.

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Arthur McGuire

Senior Staff Writer –-Investment.info