Best Certified Coin Prices Posted by James Randolph on February 26, 2009
February 26, 2009 – Today seems like a slow day for investors around the world as American and European stocks increase in value a bit while gold continues its drop for the fourth day in a row. The current low precious metal prices could signal a time to receive the best certified coin prices considering that they have been projected to increase once again by next week when the new economic data for February gets released. The United States Dollar as well as crude oil are also moving up in the charts, which is odd considering that first-time applications for state unemployment has risen to around 667,000, a massive number showing that the American workforce is being degraded every month. Fortunately, precious metals investors have the potential to take advantage of some of the best certified coin prices and enter a market that could benefit from the problems in this financial crisis. Gold has already increased in value 7% this year and with the economy only getting worse, there is much room for growth in the near future.
Precious metal dealers are experiencing an increased number of long-term investors looking to acquire the best certified coin prices on investment-grade rare coins that have lost some value with the gold spot price that is currently at $940 per ounce, a decrease of $12.10 or 1.27% for the trading day but still an impressive increase of $37.70 or 4.18% in the last 30 trading days. The LA Times has reported that gold has been widely labelled as the “next bubble”, thus wise investors are taking advantage of this in order to make the profit that could be obtained in the market if prices were to increase to their projected highs. I wish you the best of luck when investing in precious metals.
Senior Staff Writer – Certified Gold Exchange