The first American Eagle gold coins were minted in 1986 and came into being as a result of the Gold Bullion Coin Act of 1985. This act was signed into law by then President Ronald Reagan. These coins are minted to very high standards and each coin is guaranteed to have the exact same amount of gold. In addition to containing gold each coin contains copper and silver to add to the coin’s durability. Furthermore, all gold used to mint the American Gold Eagle must be gold mined within the United States.

Investors have made gold eagles one of the most popular gold bullion coins in the world. They are extremely beautiful with lady liberty holding a torch and an olive branch. The backdrop is a sunrise over the capital building’s dome. The flip side displays the date of minting and mint markings.

Today the American Gold eagle coin is more popular than ever as nervous investors have been selling off their risky stocks and running to their traditional safe haven, gold. With all nations having long ago divorced themselves from the gold standard and the current stagnant economies of the world it is no wonder stocks have become unstable.

The flat currencies of the modern economies have allowed the most prosperous nations on earth to become awash in debt. Greece is one nation that is on the brink of bankruptcy, and the European Union may not have the stomach to offer anymore bailouts. If Greece fails a double dipped recession is probable. The recent debt ceiling talks in Washington and subsequent credit rating reduction of the United States caused stocks to plunge.

Gold reacted by spiking upward in price and set a new record. While it has backed off from that high, gold is still at a historically high level. Food and oil prices have caused inflation to rise. Unemployment remains very high, and there may be a new class of people in the making, permanently unemployed workers in the United States.

Investing in the stock market has its place if you can stomach the daily ups and downs. On the other hand American Gold Eagle prices have been not only remarkably stable for over 10 years, but it has risen to new historical highs, and will increase more. If Greece fails the spot price of gold is likely to jump to heights never before seen. The time to invest in American Gold eagles is now.