Best Certified Coin Prices Posted by James Randolph on June 18, 2009
All Eyes On The Rebound
June 18, 2009 – American investors looking for the best certified coin prices are taking advantage of the recent tumble that gold has seen in the past two weeks, and with the latest economic data showing a worsening financial crisis, demand for the metal could continue increasing as wise investors seek a hedge from both inflationary and deflationary economic environments. Mainstream investing markets are quite stale today, with the dollar showing a minor increase and major stock indexes fluctuating between losses and gains while gold decreases. Despite gold’s recent tumble, technical market analysts are saying that the metal has held strong to its 100-day moving average, signalling that a powerful rebound could be imminent within the next few days, possibly pushing the spot price to $950 per ounce or higher. If you seek the best certified coin prices, it’s important that you enter the market when spot prices hit a bottom because then you can maximize both short-term profit and long-term wealth preservation potential if the spot price increases. Another useful way to find the best certified coin prices is to track their values on either the PCGS or NGC Price Guides, and then deal directly with a reputable nationwide gold exchange that offers wholesale discount prices.
By around 12:20 PM Eastern Standard Time, it appears that gold is taking a small step backwards today, currently sitting at around $932 per ounce, decreasing $6.80 or .72% for the trading day, yet still increasing $14.60 or 1.59% in the last 30 trading days.
Senior Staff Writer – Certified Gold Exchange