Sunday, October 5, 2008

Gold Investment Picking Up Steam

With the economy going down the tubes, the credit markets frozen, the stock market doing a swan dive and the government spending $700 BILLION to bail out the bums who put us in this predicament, is it any wonder that people are turning to gold bullion and gold coins to provide some stabilization.

Demand for the US American Buffalo Gold Coin has skyrocketed so much that the US Mint has suspended sales. The Canadian Mint is also having difficulty in keeping up with demand for it's Canadian gold coins and bullion.

When demand is so high, you'll see the price points for these bullion coins rise, so you will end up paying a higher percentage over spot for them. Try and buy your gold on a regular basis, each week or each month, no matter what the markets are doing. You'll average out this way and be in a much better position to profit than those who only buy when everyone else is.

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