April 16, 2009 – Global stock markets are rebounding, short-term inflationary pressures have receded, yet wise American investors are still flocking to reputable precious metal exchanges in order to take advantage of the best gold coin prices, especially since the metal is trading much lower than projected. Some of the latest economic data is raising optimistic speculation about the future of the United States economy after the recently released corporate earnings report from J.P. Morgan & Chase said that they had better than expected quarterly earnings. Several market analysts believe that this short-term movement is a direct effect of our massive stimulus packages that were created in order to temporarily boost the strength of corporations along with the United States Dollar. The long-term after-effects of our stimulus and quantitative easing efforts may be catastrophic for our economy and dollar, and this is why safe haven investors are flocking to find the best gold coin prices in order to diversify into precious metals before it’s too late.
By around 1:30 PM Eastern Standard Time, the daily market spot price of gold is continuing to fall as a result of a small rally in stock markets, and the metal is currently trading at around $878 per ounce, a decrease of $12.60 for the day and also a decrease of $36.90 in the last month. Don’t miss out on the opportunity to find the best gold coin prices from reputable dealers such as the Certified Gold Exchange before the spot price of the metal reaches its projected $1200 per ounce by summer.
Arthur McGuire
Senior Staff Writer – Gold-Coin.com
