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January 28, 2009 – The future of gold investments continues to look good even though prices are falling a bit today due to the usual short-term selling by investors looking to profit quickly from the precious metals market. Investors right now are really sceptical about most investments from US treasuries to stocks, which have declined to around 10% so far this year. Precious metals continue to be the ideal alternative investment for investors looking to hedge their assets from inflation that could come as a result of the upcoming $825 billion bailout plan by President Barack Obama. It’s been said right now that the United States government is going to need to borrow about 2 trillion dollars in order to fix the economy, which in turn could result in a high inflationary time, and could also make the future of gold investments very bright and even the most speculative projections could become a reality. The metal has held firm in both inflationary and deflationary environment and it’s holding on tight to its value despite fluctuation in the United States Dollar.

Today the gold spot price sits at around $894.40 per ounce, down $3.30 for the trading day but still up $13.80 for the month. With such positive projections saying that the future of gold investments will be very bullish and many saying we should be seeing the prices go anywhere from $1000-$1500 per ounce by the end of the year, it definitely makes sense to take a position with the metals while we still can. Invest well and have a beautiful day.

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Arthur McGuire

Senior Staff Writer – Gold-Investment.info