Gold Finding a Base at Current Levels

Gold coin prices are finding a base at current levels as the precious metal plans for its next bullish move.
By: Global Gold Group
 
July 7, 2011 - PRLog -- Gold coin prices are finding a base at current levels as the precious metal plans for its next bullish move. The recent adjustment in the price of gold bullion to $1482 means investors buying gold can find an entry point for future moves.

The key is that even with the European Union pumping money into Greece, the economic conditions around the world have not really improved. The United States Treasury is looking at another simulative action, Greece is still on the verge of bankruptcy and inflation is overheating in China. The economic conditions are still strong for inflationary pressure to help support the price of gold coins.

At Global Gold Group, we are recommending that investors buy gold at this current level to help diversify their portfolio against the inflationary and economic pressures around the globe. For more information about the gold coins we offer, please check out our website at http://www.aglobalcurrency.com.
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Source:Global Gold Group
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Tags:Gold, Gold Coin, American Eagle, Mint, Collector, Investor, Price Of Gold, Buy Gold, Invest In Gold
Industry:Government, Jewelry, Financial
Location:United States
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