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May 21, 2009 – Just when bearish market analysts believed that gold and silver coin investing would begin losing popularity as the economy recovered, it now appears that the economy is headed in a significantly worse direction than expected while gold and silver coin investing is becoming one of the most popular store of wealth investments in the United States. Investors should be fully aware that there are two major categories of gold and silver coins, the first one being the modern-day bullion coins like the American Eagles and the Canadian Maple Leafs and the second one being the certified investment-grade rare coins like the $20 Saint-Gaudens and Morgan silver dollars. Several of the top precious metal investors in the country have said that modern-day bullion products make good short-term profit-taking investments while certified investment-grade rare coins make good longer-term preservation-taking investments. This being said, it’s very important that you understand exactly what you seek when diversifying into precious metals in order to purchase the appropriate asset for your goals and needs.

By around 2:45 PM Eastern Standard Time, gold and silver coin investing is becoming increasingly popular in the United States because many investors are fearing losses with the dollar and stocks, thus they are shifting adequate portion of their wealth into safe haven metals that historically thrive during these times. The current gold spot price sits at around $952.90 per ounce, up $15.70 for the day while the current silver spot price sits at around $14.51 per ounce, up $.26 for the day.

Shannon King

Senior Staff Writer – GoldSilver.org

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