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March 27, 2009 - The instability continues with financial markets worldwide, and investors are desperately seeking a good investment for their portfolio that could act as a store of wealth while at the same time having a chance to profit when demand increases. Many of these investors are finding this with precious metals such as gold that have already increased in value 5.1% for the year, considerably better than the loss that is being seen in the stock market. In the last eight years, the metal has increased in value about 300% as investors began to think about the long-term potential of a safe haven asset and purchasing at just the right time. Currently, the stock market has seen rebound after reaching a low last week that was the fourth biggest dip since 1930, and wise investors are comparing these losses to gold and reconsidering what could be a good investment during the worst recessionary cycle since the Great Depression. Do you think this recessional could end soon, or will we enter the second Great Depression?

Today spot prices of precious metals are falling as profit-taking continues due to speculation that the United States economy may recover, and gold in particular is trading at $923.80 per ounce, down 1.11% for the day and also down 1.57% in the last year. Despite the recent downward fluctuation, market projections are still looking bullish and the $1200 per ounce average for 2009 is still holding strong. Invest well and don’t forget to diversify into a good investment before it’s too late.

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Arthur McGuire

Senior Staff Writer –-Investment.info