Certified Coin Projections Posted by James Randolph on August 05, 2009
Projections Paving The Way
August 5, 2009 – The latest certified coin projections continue looking increasingly bullish as more and more market analysts are predicting that popular investment grade rare coins like the $20 Saint-Gaudens could see extended gains within the next few months. This comes as no surprise, especially since gold in general happens to be thriving amidst inflationary pressures that could be a lot worse than we expected. In the past two years, the United States Government has overprinted trillions of dollars in order to prevent an economic collapse, and even though this has worked in the short-term, it’s the long-term problems that are an issue for many investors who want to preserve their hard-earned wealth throughout the worst financial crisis we have seen since the Great Depression. According to several market analysts and their certified coin projections, the gold spot price may climb to its all-time record high of $1033 per ounce by the end of the year, yet real growth may be seen within the next two years as inflation begins to grow slowly but surely after our “economic recovery.” Speculative certified coin projections are forecasting that spot prices could climb beyond $1500 per ounce if economic conditions are right.
By 11:45 AM Eastern Standard Time, certified gold prices are remaining flat for the trading day despite the gold spot price taking a small step backwards to $964.60 per ounce, decreasing $3.10 for the day, yet still increasing $91.10 in the last year. The latest short-term certified coin projections are forecasting that the spot price may fluctuate in its current range until the United States Dollar Index extends its losses.
Senior Staff Writer – Certified Gold Exchange