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February 5, 2009 – The spot prices of gold are increasing at a faster rate and are projected to continue increasing due to large amounts of investors entering the market with the fear of needing to protect their hard-earned wealth with the only asset that historically does it best. Investors in general are flocking to precious metals right now due to them knowing that a high inflationary period is imminent and thus higher spot prices in the future could mean a wise investment by moving in on the market right now. This is the second day in a row that spot prices have increased and it’s been said that 2009 could attract the most gold investors seen in a very, very long time. We’re already seeing these prices up 4% for the year and with other mainstream investments declining at nearly double this number; it doesn’t make sense to not own some metals during this historically profitable time.

Today the gold spot prices are in the area of $919.70 per ounce, which is a $13.80 increase for the trading day and a $33.10 increase in the last 365 trading days. For the last year, banks and financial institutions have urged investors to protect their assets with gold because it historically preserves wealth during difficult economic times like what we are experiencing right now. As long as people remain bullish, this may be one of the best markets to be part of right now. Invest well and have a great day.

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Arthur McGuire

Senior Staff Writer – Gold-Investment.info