December 18, 2009 - It could be a wise decision to buy gold bullion, since the raw metal has increased over 400% in the last eight years and over 30% in the last 365 days. However, some analysts believe that the gold spot price has peaked at $1227 for the current cycle, which was reached earlier in December before the gold spot price dropped over $100 in the last two weeks.
If you are thinking about a gold bullion purchase, it is important to consider your investment goals and plans on how to best utilize your gold. Bullion is mainly used as a 1-14 month profit-seeking vehicle, while certified gold coins are more of an apt investment for long-term holds.
While bullion is much less expensive, certified coins are completely private investments that have been deemed to be government non-confiscatable in the event of another Great depression. Learn more about the historic gold bullion confiscation at www.Gold-Investment.info, or register for one of the helpful tutorials below to get the facts about why hoarding gold bullion was illegal from 1933 to 1971 within the United States.
If you compare our financial markets’ situation today with last year’s same-time levels, things appear fantastic. The Dow Jones Industrial Average (DJIA) and the NASDAQ indexes have spiked dramatically since February, when the bailout and stimulus measures began infusing new dollars into our troubled economy. Even with the increases in stocks over the past three quarters, consumer confidence in our nation’s ability to recover quickly from this recession has waned.
If you are considering a gold investment and would like to meet your goals with the proper gold diversification, feel free to contact Gold-Bullion.org, or if you prefer just sign-up below for one of our award-winning investment guides to be shipped directly to you.
