Certified Coin Projections Posted by James Randolph on February 25, 2009
Recession Or Depression?
February 25, 2009 – Certified coin projections are looking very positive once again as speculation begins to arise about a potential depression looming around the corner. Many investors and American citizens have wondered whether the United States is in a recession or a full-blown depression, and a recent article quoting Professor Peter Morici, a former chief economist at the US international Trade Commission says that with the economy contracting at such a fast annual rate that we are clearly in a depression. He also said that the economy is not going to recover any time soon unless several economic policies are changed to better suit the problems that modern-day economies face. There are definitely many problems that need to be fixed before we can end the financial crisis and this is probably why the latest certified coin projections have said that precious metals in general will continue to benefit from these problems and probably increase in value by about 200% before things stabilize, if they ever do.
Today investors are seeing precious metal prices rising along with investors looking for a viable safe haven investment, thus the gold spot price is up to $973.50 per ounce, an increase of $10.80 or 1.4% for the trading day and also an increase of $71.20 or 7.89% in the last 30 trading days. Certified coin projections along with the bullish precious metal projections have proven to be a good way to outlook a potential investment for the future. I wish you the best of luck when investing.
Senior Staff Writer – Certified Gold Exchange