Daily News

January 30, 2009 – Gold investments are living up to their name of “”investment of the generation and companies such as the Certified Gold Exchange are reporting massive gains in the demand for the metal as investors aren’t feeling safe with mainstream investments such as stocks and bonds at the moment due to the worsening financial crisis. We are really going through some troubling times at the moment and many people feel that another Great Depression is looming right around the corner. On Wednesday, the United States House of Representatives passed an $819 billion stimulus plan that is aimed at repairing the economy during the next several months. What many people don’t know is that this excessive printing of money is causing our hard-earned dollars to be devalued every single day and in the long run we could be seeing a high inflationary period, which in turn could drive investors to further diversify with safe haven companies such as the Certified Gold Exchange. It’s historically proven that the metal has gained in value during five of the past six United States recessions and this one is proving to be no different. 2009 could hold some powerful surprises for us metal investors.

Today, the Certified Gold Exchange is witnessing much increased demand for the metal as it currently trades at $916 per ounce, an increase of $8.30 for the day and also an increase of $35.80 for the month. Projections continue to look positive and with most market analysts saying this could be the best year ever for precious metals, it definitely makes sense to invest while we still can. Have a great day and a beautiful weekend.

Daily Update Archives

Arthur McGuire

Senior Staff Writer – Gold-Investment.info