April 8, 2009 - Gold investment pricing is shooting back up today for the second trading session in a row as investors are currently flocking to precious metals due to instability with stocks after George Soros and Marc Faber predicted that the rally to equities would not sustain. Yesterday alone, the gold investment pricing shot up 1.4%, which is the most since March 19 as stock markets around the world began to spiral down. Wise investors are starting to catch on to the trend that precious metals could outperform most of the financial markets because they historically run adverse to the inflation that is currently growing at frightening speeds. How could inflation not occur with more than $10 trillion dollars printed since the beginning of this recessionary cycle? Darker days loom right around the corner, but fortunately we can protect ourselves before it’s too late by making the proper diversification with an asset that has the ability to thrive during these difficult economic times.
During the midday trading hours, gold investment pricing is showing some small gains, but it is better than losing, and the metal is currently trading at around $885.80 per ounce, moving up .53% for the day yet moving down 3.87% in the last month. This could be the ideal opportunity to seize the day by purchasing investment grade gold such as the $20 Saint-Gaudens that could see significant increases in value if the spot price of the metal climbs to $1100 and over as projected. Invest well.
Arthur McGuire
Senior Staff Writer –-Investment.info