India's central bank recently purchased 200 tons of gold from the IMF. Experts believe this is one of the largest purchases by a central bank in the past 30 years. Bloomberg reports this increased demand from large countries is helping to drive recent record gold prices.

According to the Wall Street Journal, central banks appear to be seeking ways to diversify reserves away from the dollar and there is speculation that China and Russia may also be interested in buying gold from the IMF. Janet Kong of Goldman Sachs noted that central banks have become net buyers of gold. "Gold's investor base is broadening, which is positive for gold", Ms. Kong said. (11/03/03, WSJ.com, "India Buys 200 Tons of IMF's Gold Allotment"). According to industry experts like Leonard Kaplan, president of Prospector Asset Management, India's purchase "Will encourage other countries and other investors . . . to jump into the market". (11/03/09, Bloomberg, "Gold Climbs to Record as India's Central Bank Buys IMF Bullion").

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* Goldline recommends that precious metals and rare coins be held for a minimum of 3-5 years.

Goldline was recently ranked the 32nd largest privately-held company in Los Angeles by the Los Angeles Business Journal and the only precious metals company on the list.

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The Wall Street Journal (WSJ) reported that gold and stocks are the winners as the U.S begins to recover from what is being termed by some as "The Great Recession". The WSJ noted that in recent months, gold has been pushed to new highs as investors who once considered precious metals "archaic" have shifted to gold to minimize their exposure to Western currencies. In the article, a fund manager for Greenlight Capital stated, "I decide holding gold is better than holding cash." (10/26/2009, Wall Street Journal, "Odd Couple: Stocks, Gold Share Same Ride Higher").

* All investments have risk including precious metals. Past performance does not guarantee future results. Goldline recommends that precious metals and rare coins be held for a minimum of 3-5 years.

Gold has outperformed several investments from different asset classes according to a research report from Bank of America - Merrill Lynch. The July 14, 2009 research report indicated that gold bullion outperformed the S&P 500, 3-Month Treasury bills, long-term treasury bonds, and high-grade corporate bond on a two and ten year basis.* (7/14/09, Bank of America-Merrill Lynch Research, "The RIC Report")

* All investments have risk including precious metals. Past performance does not guarantee future results. Goldline recommends that precious metals and rare coins be held for a minimum of 3-5 years.