March 27, 2009 – American investors looking for a gold coin dealer should be aware that this could be an ideal time to invest because the latest market predictions are saying that the recent rally to the stock market could end soon due to worries about the United States economy experiencing inflation in the near future. Safe haven demand is expected to begin once again next week as most financial markets are experiencing instability from the large amounts of economic data being released. Some of this data shows that US consumer spending and personal incomes have both declined during February, which clearly shows that our economic recession is getting progressively worse. The overall market condition appears favorable for precious metals, so this could be the ideal time to seek a reputable coin dealer such as the Certified Gold Exchange in order to find the ideal investment for your portfolio while at the same time receiving competitive pricing that cannot be obtained from retail dealers.
Today the spot price of gold is falling despite seeing some small increases yesterday, and it currently sits at $923.80 per ounce, decreasing $10.40 for the day and also decreasing $14.70 in the last year. Precious metal investors could see a lot of fluctuation in the next few weeks, as stability has been predicted with safe haven assets if the economic recession continues to worsen. Invest well and don’t forget to deal directly with a coin dealer that focuses on your goals and needs as an investor.
Senior Staff Writer – Gold-Coin.com