Daily News

February 13, 2009 – 2009 has been predicted to be one of the best years to invest in gold bullion especially with so many reports saying that the economy will only continue to get worse and that prices of the metal could skyrocket as a result of the high inflation and loss of confidence in the United States Dollar. Today we’re seeing bullion gold bars and coins lose value while the certified investment-grade rare coins remain the same and some have even increased in value due to the higher demand for a more stable investment. The overall safe haven and store of wealth attributes that the metal has is driving many new investors to finally decide to invest in gold and companies like the Certified Gold Exchange are reporting more and more people interested in long-term preservation. This preservative quality alone puts many stocks to shame considering that they have lost such massive amounts of their value in the last eight years.

During early-morning trading the gold spot price is at $939.50 per ounce, down $7.70 or .81% for the trading day and also up $129.40 or 15.97% in the last 30 trading days. This sky seems to be the limit for those who invest in gold bullion bars and coins at the moment and with a wide variety of market outlooks saying that $1500 per ounce can be seen by midyear, it definitely makes sense to own some of the metal before it’s too late. I wish you the best luck with investing.

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Arthur McGuire

Senior Staff Writer – Gold-Investment.info