Certified Rare Coin Prices Posted by James Randolph on February 05, 2009
Sky’s The Limit
February 5, 2009 – In the past two days we have seen some impressive gains for both certified rare coin prices as well as bullion coin and bar prices. We see a lot of market action right now and between today and tomorrow short-term projections are saying that we could see $930-$904 per ounce as a result of the massive amount of safe haven buying. Investors are simply trying to find the ideal hedge against inflation and they are finding this with precious metals more than ever before. There is a big fear going around right now with the massive amounts of money that are about to be injected in our financial system which could spark some seriously high inflation in the near future. President Barack Obama himself stressed the importance of this plan and used the word “catastrophe” if measures weren’t taken accordingly. We could be seeing some spiking certified rare coin prices within the next few weeks, so wise investors should definitely take this low-price opportunity and fly with it.
Today the gold spot price continues its excellent upward motion to around $919.70 per ounce, a $13.80 or 1.52% increase for the trading day and a $33.10 or 3.73% increase in the last 365 trading days. It’s been said that the sky is the limit right now and just when we thought that the speculative $2500 per ounce projections were a little far-fetched, $10,000 per ounce predictions have arrived and they are not impossible if the economy continues in the way it is right now. Invest well and have a beautiful day.
Senior Staff Writer – Certified Gold Exchange