April 14, 2009 – Weaker than expected retail sales data is causing small pressure on gold and silver bullion prices, reducing the safe haven demand for precious metals that act adversely to inflation, but in reality we are not facing true inflation just yet, and several market analysts are expecting about one more year before our massive overprinting begins to take its toll on the United States Dollar. Several market analysts are expecting further resistance along the $900 per ounce benchmark as the latest short-term economic data is showing that inflation at a wholesale level has fallen sharply since February. It’s crucial that wise investors do not fall victim to the latest economic data, because even though it looks good in the short term, long-term after-effects may be devastating for investment portfolios that are not diversified into safe haven assets like gold and silver bullion bars and coins. Don’t miss the chance to begin a diversification with precious metals that have been projected to outperform most other investments throughout 2009.

At around 3:30 PM Eastern Standard Time, both gold and silver bullion are showing signs of small contractions that are a direct result of short-term confidence amongst American investors, and gold is currently trading at $889.30 per ounce while silver is currently trading at $12.74 per ounce. It’s important that as wise investors we keep a close eye on all the external economic factors that may influence pricing, in this case the upcoming earnings reports from both J.P. Morgan Chase and Citigroup.

Shannon King

Senior Staff Writer –

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