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SOURCE: Gold Coin
Sales of American Eagle gold coins in November 2012 more than tripled those of November 2011 from 41,000 to 131,000 ounces sold. Expert gold analysts at America’s gold coin superstore, Gold Coin project that gold coin sales will continue to increase as investors seek to protect their wealth and profit during the upcoming fiscal cliff.
New York, NY (PRWEB) December 07, 2012
American Eagle gold coin sales tripled in the month of November as investors and banks prepared themselves for the imminent fiscal cliff that could trigger over $600 billion in automatic spending cuts and tax increases. A recent report from Reuters states that in November 2012, American Eagle gold coin sales reached 131,000, more than triple last year’s November sales of 41,000. Expert analysts at America’s gold coin superstore, Gold Coin project that gold coin sales will continue to increase, pushing their price beyond $2,000 per ounce in 2013.
Arthur McGuire, Vice President of Gold Coin says “The fiscal cliff is causing a huge stir in investment markets, and this is precisely why gold coin sales skyrocketed in November. Many wise investors know that no matter what the fiscal cliff resolution is, the US economy is still in a deep financial hole, and this is good for gold. The precious metal has already increased over 600% since 2001, marking its 12th year of consecutive price gains. Our expert gold analysts project that gold coin sales will continue to increase as more investors invest in gold as their ultimate safe-haven profit and wealth preservation tool. We expect gold coin prices to pass $2000 per ounce in 2013.”
Gold Coin is America's gold coin superstore. They buy and sell all types of gold, silver, and platinum coins with free delivery directly to your door. For more information or a free "Gold Coin Starter Kit", visit http://www.GoldCoin.net or call 1-800-425-5672 today.
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