Golden Truth Blog: by Superior Gold Group

- By John March
A rapidly rising U.S. national debt is one reason to consider gold investment coins as an investment option, especially in light of a recent congressional vote.

On Thursday, the Senate voted to allow the government to rack up an additional $1.9 trillion in debt, which appears to position it to have a $14.3 trillion debt, up from one that is currently in the $12 trillion neighborhood.                          Open a Gold IRA Today!

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Monday, February 1, 2010
A double dip recession is one concern sometimes raised by economists.
- By Bruce Sands
One concern with the current economy has been the possibility that even in light of a pending recovery, there could still be a “double dip” recession that could produce conditions even worse than they were a year ago.

This has remained true even in light of a gross domestic product that grew at an encouraging 5.7 percent rate in the fourth quarter of 2009.

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- Bruce Sands

A report by Dow Jones cites a softer U.S. dollar and positive economic indicators such as an improved manufacturing outlook in accounting for some of the current price rally in the gold market. The article notes that the price peaked at $1,124 on Monday, marking the highest price since December 17.

Another major factor cited by the news service was the strength of crude oil prices, which ties in with gold because funds typically invest in more than one commodity at a time.

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