
BUY GOLD COINS ON THE DIPS
Gold bounced back this morning along with silver, oil and the equities. The bounce-back for gold and silver coins and bullion is largely due to the fact that the dollar is down 30 basis points at 79.33. Gold coins and bullion are up $4.30 and silver coins and bullion are up $.15 in early trading. In the overnight markets, gold had been up $7 before it eased back slightly on some early profit-taking.
A number of analysts report that the market is listless and therefore there could be a deeper correction for gold and silver coins in the near term. Analysts are saying that while they view the current strength in the dollar as transitory, they think it may weigh on the gold market in the short term. However, by September the consensus is that the dollar will be considerably weaker and gold will be considerably higher. This is great news for those in terested in buying gold coins and bullion. JP Morgan/Chase Bank is saying they think gold will be at $1,000 by early September. Merrill Lynch thinks it may take until October for gold coins and bullion to reach $1,000. However, most of these major bank analysts think gold and silver coins and bullion will move considerably higher.
Barclay's Bank, for example, said about gold, "The positive sentiment stemming from slower official sector net sales, accompanied by our expectations for a recovery in fabrication demand, followed by a pick-up in investment demand, is likely to buoy prices." They further noted what I commented on yesterday that European Central Bank sales are likely to total no more than 150 tons out of their quota of 500 tons. I believe that is very bullish because it reduces the supply available to the market at a time when mine supply is also shrinking, but demand is growing. Fundamentally, that is a good sign for gold and silver coins markets.
From a technical view, we are coming to the end of the summer doldrums, where gold coins and bullion normally reach cyclical lows. In addition, gold coins have moved from heavily overbought to near oversold. On some indicators, gold is in fact oversold. Therefore, the opportunity for gold and silver coins to move higher is clear. Another factor that affects gold coins is that China -- along with other countries including France and perhaps Japan -- are pushing aggressively for a new global reserve currency. We hear no objection from the Obama administration.
Given these factors and the huge amount of spending that is occurring, the result will be massive deficits for the foreseeable future. This will impact the dollar negatively and that will be bullish for gold coins and bullion. Once the dollar starts to enter another downtrend of consequence, I think you are going to see gold coins and bullion make a large move to the upside. This was the view on gold of the Adens and a number of other analysts, which reinforces buying gold sooner rather than later.
As JP Morgan/Chase Bank said, gold should be bought on the dips. Today is your opportunity to invest in gold coins and bullion. Call Goldline at 1-877-341-2646 for information on getting started with gold and ask them about their Price Guarantee Program. This is a great opportunity to get started with gold coins and bullion, particularly in view of the opinions of a number of extremely prominent analysts such as Larry Edelson and others who think gold will soar to extraordinary levels over the next several years. The most recent observation on gold along those lines comes from Robert Kiyosaki, the author of the best-selling investment book, Rich Dad, Poor Dad. He is saying that gold coins and bullion could hit $15,000 an ounce in a huge price spike. If that rise in gold performance seems outlandish to you, consider the fact that he spotted the housing market bubble before it happened and helped millions of people cash in before that market crashed. Besides his predictions on gold, he has also made a number of other excellent market calls that seemed outlandish at the time, but proved to be accurate. With the experts in agreement, right now is the perfect time to invest in gold coins and bullion.
To receive free copies of information on these markets and forecasts of gold price trends, along with discussions of the calls for a new global reserve currency and the potential for devaluation of the dollar, call Goldline now at 1-877-341-2646.
Coin and bullion investors should ask Goldline to explain the features, benefits and cost structure of the various gold and silver coins and bullion that are available to you. Select those that best meet your own personal and individual coins and bullion investing needs and objectives for gold. Coin and bullion investors looking for low transaction costs in gold investments may wish to consider bullion assets such as American Eagles, Swiss 20 Francs, Krugerrands, Canadian Maple Leafs, Silver Bags or Silver Bars. However, the Price Guarantee Program is not available with these assets.
If you would like to take advantage of the Price Guarantee Program, which provides gold investors with a two-week window of opportunity in which to re-price gold and silver coins in the event of a correction, you must select assets with some collectible value such as 20 Francs, Double Eagles and Silver Dollars. Call Goldline at 1-877-341-2646 for further information on the Price Guarantee Program.
To receive a free information package, including articles on the dollar, the economy and gold coins and bullion, call Goldline at 1-877-341-2646. Goldline also provides several other helpful articles on gold and silver coins. There are a number of other independent third-party source articles on gold coins and silver coins that those who invest in coins will find extremely helpful and informative. You will also receive the Client Account Agreement, a company brochure and a Coin Facts Risk Disclosure booklet; read these carefully before you make an investment in gold coins and silver coins. Call Goldline at 1-877-341-2646 now to receive your free information package.
†This material has been prepared for private use. Although the information in this commentary has been obtained from sources believed to be reliable, Goldline does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice.
You should review Goldine's Account Agreement along with our risk disclosure booklet, Coin Facts for Investors and Collectors to Consider ®, prior to making your purchase. Goldline has a spread or price difference between our selling price, called the "ask", and our buy-back price, called the "bid". That spread varies depending on coin or bar you acquire. Spreads on 1 oz bullion coins, 90% silver dimes and quarters, and one ounce and larger bullion bars are 13%. All other coins have a spread of 28%. There is also a 1% liquidation fee when you sell your coins back to Goldline. The market must go up enough to overcome this spread before an actual profit is achieved. Precious metals and rare coins can increase or decrease in value. Past performance does not guarantee future results. Coins are a long-term, three- to five-year, preferably five- to ten-year investment. We believe precious metals are suitable for 5% to 20% of the average investment portfolio though others may recommend a different percentage.
To receive free information package on gold and precious metals investing, call Goldline at 1-877-376-2643.

- S&P Capital IQ - Gold: $1,900 (in 2012) "Leo Larkin, metals and mining analyst at S&P Capital IQ, thinks that $1,900 gold might not be that much of a stretch [in 2012]. 'Gold has been ..."
- Citigroup - Gold: $2,300 - $2,400 (by end of 2012) "While we remain cautious on Gold in the near term...we continue to believe that the bull market remains intact...we believe that 2012 may be..."
- Leeb Capital Management - Gold: $2,500 - $3,000 (in 2012) "I'll give you my target for gold at the end of 2012, it's going to be trading somewhere between $2,500 and $3,000. This..."
- Global Hunter Securities - Gold: $1,800 (in 2012) "'What I am looking for is a gold price of $1,800 an ounce in 2012,' says Jeffrey Wright, senior research analyst at Global Hunter..."
- US Global Investors - Gold: $3,600 (by 2017) "'People get so caught up with the next three minutes for gold and they should really be focused on the next three years,' says Frank Holmes, ..."
- Goldman Sachs - Gold: over $1,900 (in 2012) "Wall Street investment bank Goldman Sachs predicts that gold's bull run will continue into 2012 with a low interest rate environment and..."
- CNBC - Gold: $2,400 (no period given) "Gold will top $2,400 an ounce. The long-term bull market in gold marches on. Gold won't make a straight shot to a new inflation-adjusted high. As long..."
- Nomura - Gold: $2,000 (by end of 2012) "Nomura has raised its forecast for gold prices to $2,000 an ounce by the end of 2012, from $1,800 earlier. The brokerage said the low-interest rate..."
- Morgan Stanley - Gold: $2,200 (in first half of 2012) "Gold will lead a rally in commodities in 2012 as Europe's sovereign-debt crisis continues to roil financial markets, spurring demand for ..."
- UBS - Gold: $2,050 average in 2012 "[Gold] remains one of the top commodity picks for 2012 as 'most of the factors that pushed gold higher in 2011 are not going away,' according to UBS..."
- Bank of America Merrill Lynch - Gold: $2,150 - $2,200 (average in 2012) "From a technical perspective we believe that the bull trend for gold remains intact… with gold having not yet met any of..."
- TheStreet.com - Gold: $2,500 (by May 2013) "I want to own gold here. I think gold is going to $2,500 eighteen months from now... Gold has been up for ten straight years and this going to be the..."


