Daily Rare Coin Update
April 14, 2009 – United States rare coin prices are continuing to hold on strong to their preservative value, and this seems to be occurring as a direct result of the latest tug of war between risk aversion and safe haven investors. In the past two months, American investors have witnessed heavy fluctuation with financial markets that is being directly connected to optimism and pessimism as to the future of the United States economy. Our Federal Reserve Chairman, Ben S. Bernanke just recently said that the “sharp decline” in our economy may be easing, and pessimistic investors feel that this is simply an act to create a short-term cloud of confidence in order to boost the United States Dollar and its stock markets. In reality, our nation could face serious problems down the road as investments tied directly to fiat currencies become devalued due to growing inflationary pressure that may result from our massive stimulus and bank bailout packages. It’s fortunate that wise investors can protect their hard-earned wealth by tracking United States rare coin prices and entering the market when the time is right. Don’t let the opportunity pass you by.
The precious metal market has ended the day off on a small decline, yet United States rare coin prices are still holding on strong despite all of the recent fluctuation. Gold is currently trading at $889.30 per ounce, moving down $3.30 for the session while silver is currently trading at $12.73 per ounce, moving down one cent for the trading session.
Shawn Penny
Senior Staff Writer – Rare-Coin.org
