Are you aware of the price of gold lately? It broke the $1,000 barrier just a few weeks ago and by all indications will continue to rise at a steady rate. Since this news people have started to invest more heavily in gold coins and buy gold bullion to get in on the a commodity that is more stable than stocks.
What is behind this price increase?Why is this happening? Gold is increasing in price for a bunch of reasons. Even though the DOW has regained much of the loss it experienced earlier in 2009, people are still very apprehensive investing in something that isn’t very reliable. Another reason gold is increasing is because of the unstable dollar and the huge debt being run up by the current administration. With all that is happening to the economy maybe it’s time you invest something like American Eagle gold or other forms of gold.