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Gold.Silver.Coin.Investments

May 14, 2009 – Gold and silver coin investments have been considered some of the best safe haven assets to own during troubling economic times, and since the beginning of this recessionary cycle, we have seen a significant increase in investors seeking to diversify their hard-earned wealth into precious metals. The United States economy is getting progressively worse, despite some of the latest false confidence builders by several of our economic leaders. It appears like the world economy is not out of the woods yet, and with dangerous inflationary problems heading right our way; we may face some serious downfalls before we begin seeing a light at the end of this tunnel. Fortunately, gold and silver coin investments could benefit investors who want to preserve their hard-earned wealth in the event that the dollar continues devaluing and financial markets flounder. It’s very important that investors fully research the precious metal market before beginning a diversification because there are several important factors that should be taken into consideration before making a purchase.

By around 4 PM Eastern Standard Time, it appears like gold and silver coin investments are stalling for the trading day because the majority of investors are eagerly awaiting market direction from crucial external economic data, still the gold price sits at $926.10 per ounce, remaining flat for the day while the silver spot price is hovering around $14.04 per ounce, increasing eight cents for the day. Economic data and the strength of the United States Dollar will continue to drive spot prices in the near future, so keep a close eye on those two important factors in order to potentially maximize a precious metal investment.

Shannon King

Senior Staff Writer – GoldSilver.org

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