Daily Precious Metal Update

December 11, 2009 – If you are looking for a precious metals list to keep in front of you when you are doing your precious metals research and investing, look no further. Below is a comprehensive list of the gold, silver, and platinum investments that have been the most heavily targeted items by household and institutional investors throughout our current recession. Depending on your particular situation, you may feel the need to employ the utilization of one or more of these products to properly diversify and balance your portfolio.

Gold, silver, and platinum Eagle coins have been released by the US Mint every year since 1986, and these bullion coins are widely used as short-term investments for both inside and outside retirement accounts. Platinum is a bit more speculative than gold and silver right now, because a large percentage of platinum’s industrial utilization is in the failing auto industry.

Long-term investors are advised to weigh the pros and cons of the American Eagle Proof coin, because Proof Eagles are the only government non-confiscatable items permitted within retirement accounts. Proof Eagles are available in gold, silver, and platinum, although it should be noted that the US Mint recently announced on their website (www.USMint.gov) the suspension of American Eagle coin production, and no one in the industry knows how long it will be before the manufacture of new coins resumes.

If you would like to hold physical gold for a long period of time without worries about confiscation or an influx of new coins onto the market, you may do better financially with certified precious metals. Some pre-1933, US gold and silver coins are still in Uncirculated Mint State condition, and investors use the coins (such as the $20 Saint Gaudens gold coin, the $10 Lady Liberty gold coin, and the Morgan Silver Dollar) for long-term wealth preservation and growth.

To learn more about the best performing items in the above precious metals list, or to get more information about any other type of precious metal investment, contact Precious-Metal.org directly through our toll-free help desk or our secure electronic email server. 

Daily Updates Archive

Danny Burns

Senior Staff Writer - Precious-Metal.org