20 Lady Liberty Coins Posted by James Randolph on June 23, 2009
Safe Haven Demand On The Rise
June 23, 2009 – Safe haven demand for gold is on the rise yet again today as instability with other investing markets has caused many wise American investors to turn to modern-day bullion products like the American Eagles and investment grade rare products like the $20 Lady Liberty coins. It appears that many investors are shunning dollar-backed investments today as concerns are arising about global economies diversifying away from United States assets because the dollar continues to look less and less appealing by the day. This should come as no surprise, especially since our Federal Reserve has overprinted more than $1 trillion in the last two years in order to prevent a large-scale economic collapse. According to several top market analysts, this could just be the beginning of a severe economic contraction, which could take us years to recover from. Fortunately, American investors can diversify into products like the $20 Lady Liberty coins that have thrived during floundering economic environments, plus they offer added protection because they have been deemed “non-confiscatable” due to their numismatic value, according to Executive Order 6102.
By around 1:30 PM Eastern Standard Time, the latest gold spot price is seeing a small rebound as a direct result of higher safe haven demand pumping into the market, and currently the metal is trading at around $924.40 per ounce, up $1.80 for the day and also up $23.10 in last year. Investors looking to begin a diversification into gold may want to consider modern-day bullion coins like the American Eagles for short-term profit or certified rare coins like the $20 Lady Liberty coins for long-term wealth preservation.
Senior Staff Writer – Certified Gold Exchange