Daily Gold Coin Market Update
June 26, 2009 – More and more wise investors are turning to gold today as the United States Dollar and mainstream investing markets begin looking less appealing based on long-term inflationary speculation, and today I would like to focus on the increasingly popular PCGS gold coins that are taking the United States by a storm. In the past eight years, stocks, bonds and real estate have floundered while the United States economy slowly but surely fell into a deep and dark recessionary hole, thus many American investors turned to safe haven assets in order to protect their hard-earned wealth, especially the PCGS gold coins because they are considered less volatile and more profitable than modern-day bullion bars and coins for investors who hold them for a longer period of time, usually no less than three years. PCGS gold coins like the $20 Saint Gaudens and $20 Lady Liberty are individually certified and authenticated by the Professional Coin Grading Service, who happens to be one of the world’s leading numismatic grading companies. These coins have proven their profit and preservation potential since 2001, especially since many have increased in value more than 300% while several stock indexes contracted between 30% and 60% since then. If you’re looking to begin an investment in either modern-day bullion or pre-1933 certified rare coins, feel free to browse the website in order to gain useful insider’s information that could help you maximize your investment potential.
By around 4 PM Eastern Standard Time, modern-day bullion coins along with several PCGS gold coins are extending their gains as the spot price of the metal slowly but surely surpassed its short-term resistance level of $940 per ounce. Currently, the spot price sits at $940.70 per ounce, up $1.80 for the day and also up $55.40 in the last year.
Arthur McGuire
Senior Staff Writer - Gold-Coin.com
