Swiss Franc Gold Coin

December 4, 2009 – The Swiss Franc coin has been a popular addition for investors’ portfolios recently, and this trend continued in today’s trading session. Swiss Franc coins are relatively inexpensive, although US investors who want a pre-1933 coin generally stick with US-minted pieces because of their complete privacy. Request our free information kit below to learn more about the pros and cons of various gold investments.

Market insiders believe that the migration into gold that started in 2001 could continue as long as consumer confidence in our economy remains near all-time lows. US investors have lost an average of 35% of their portfolios in the past six quarters, so demand for wealth preservation vehicles like gold has skyrocketed.

The Federal Reserve reported today that employers are still not retaining employees at levels acceptable for a leading world financial power, but the holiday season has eased our nation’s unemployment issue slightly. Abut 500,000 Americans have filed first-time claims for unemployment benefits each week since our recession began, and the higher number of unemployed Americans has worsened the mortgage and credit crisis. Many investors have shed unneeded real estate and US currency in favor of precious metal investments like the Swiss Franc coin and other gold coins.

The spot price for one ounce of COMEX gold hovered just below the $1200 mark throughout the majority of today’s trading session, and at 3pm EST the gold spot price was $1179.80. Gold is up 6.45% in the past month, and economists believe that the gold spot price could climb to $1500 in the current cycle if the dollar’s demise continues. Call GoldCoin.net or request your free literature below to learn more about the fast-moving gold coin market. 

Kevin Johnson

Senior Staff Writer – GoldCoin.net