Gold Silver Investing

April 28, 2009 – The global swine flu pandemic scare, United States banks stress tests and inflationary pressures all seem to be creating large speculation about the future of gold and silver investing, and wise American investors in particular may take today’s lower spot prices as an excellent bargain hunting opportunity. Since the beginning of 2009, investors have witnessed heavy market fluctuation with everything from stocks, bonds as well as gold and silver investing. One of the most significant long-term fears that many investors have at the moment is the risk of significantly higher inflation down the road. The United States Government has injected trillions of dollars into global economies in order to prevent an economic collapse, and unfortunately, many banks and financial institutions still need more capital in order to stay afloat. This is causing many investors to feel that a global economic recovery may not begin for quite a while, thus the wise investors who want to preserve their long-term spending power are beginning gold and silver investing because historically the metals act inversely to negative economic scenarios.

By around 1 PM Eastern Standard Time, safe haven precious metals are losing a bit of their value based on a small rally to the United States Dollar that increased in value 1.2% yesterday, and the gold spot price is currently at $893.10 per ounce, dropping $13.10 for the trading day while the silver spot price is currently at $12.50, dropping $.40 for the trading day. The latest market projections are expecting even the slightest of negative economic data to benefit spot prices in the near future, so it’s important that we keep an eye out for any breaking news.

Shannon King

Senior Staff Writer –

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