CONSOLIDATION MAY BE OVER

Gold traded lower overnight but shortly after the New York open it bounced back to unchanged levels. Silver remains down $.15, platinum up $5 and the dollar is up 14 basis points. Therefore, gold's performance in turning back to unchanged is really an excellent demonstration of strength in that market. It also shows that gold is moving independently of the dollar, which is another positive sign. Oil is up $.11 in early trading and the Dow is up 2 points. Part of the reason for the dollar's strength is that there was a smaller than expected drop in U.S. private sector jobs. Jobs fell by 22,000 in January, compared with a 30,000-job drop economists had expected.

Francis Bray, the Chief Technical Analyst for Dow Jones Wire Service, said that gold is extending its strong recovery and attempting to overcome resistance at $1,127.70. He also said the move down to $1,074.40 is what is referred to as a "bear failure," which marks the end of an ABC downside correction. Therefore, a stronger up wave is now under construction. He looks for further gains toward the $1,157.70 level and the January high at $1,166.70.

Given the analysts' observations and forecasts, it is reasonable to assume that gold will reach much higher levels over the course of this year. There are many prominent analysts from big banks and brokerages that forecast that gold will move into the $1,300 to $1,600 range. As a result, investors should see a great bargain buying opportunity at these levels.

If you would like to take advantage of that opportunity, call Goldline at 1-877-341-2646. Ask them to explain their Price Guarantee Program, which will provide you great confidence in acquiring precious metals at these levels. Also ask for the free information package, which contains excellent articles along with the company brochure, a free copy of the American Advisor Newsletter and a free CD interview with Philip Klapwijk, one of the best forecasters in the business. Call Goldline now at 1-877-341-2646 for your free information package.

If you would like to take advantage of the Price Guarantee Program, which provides you with a window of opportunity in which to re-price your order 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 the free information package on gold investing, call Goldline at 1-877-341-2646. You will also receive the Client Account Agreement, a company brochure and a Coin Facts Risk Disclosure booklet. Read these carefully before you make a purchase. Call Goldline at 1-877-341-2646 now to receive your free gold information package.