DOLLAR RISES; MARKETS MIXED

The dollar is up 14 basis points, which is resulting in mixed markets. Gold is down $4, but silver is up $.01. Platinum and palladium are both in positive territory, as is the Nasdaq. However, the Dow is down 18 points. Oil is up $.35 trading above $78 again. The stronger dollar and weaker gold are again due to the same factors that sparked the correction yesterday, worries over Euro Zone sovereign credit and Chinese monetary tightening. These factors have driven money into the dollar, which has consequently caused the commodities to ease back. The latest Euro Zone worries resulted from a statement from a spokeswoman for the European Commission who said that there are no plans for financial support for Greece. The IMF warned Portugal of its rising budget deficit also.

Analysts say from a technical point of view, gold has support at the $1,100 level. However, the bull market would remain intact even if there were a correction down to the $1,050 level.  Some analysts are of the belief that gold is at or near a bottom. CommerzBank said while gold may have some corrections in the course of the year, it is unlikely to trade below $1,000 an ounce. Moreover, analysts continue to hold their forecasts of anywhere from $1,275 to $1,600 for gold this year. All of these analysts however, see periods of correction and all of them have average prices that reflect some correction and consolidation in the market, which is normal.

In other news, Russia said its gold reserves rose 4.1% during the month of December. With central banks net buyers of gold it would appear that there is good support in this market. This morning gold tested the $1,100 support level, which held. It may experience another test of that level before we know where the ultimate bottom is. However, gold is an excellent value at these prices and bargain buyers will take advantage of the opportunity to acquire gold at these discount prices. Corrections have occurred all throughout the 10-year bull market for gold and it has consistently moved higher. Investors who would like some additional comfort in acquiring gold today may take advantage of Goldline's Price Guarantee Program, which provides a window of opportunity to re-price your transaction in the event of a further correction. One analyst in Asia told the Dow Jones Wire Service that there hasn't been any fundamental change in the gold market. In other words, it remains in a solid and strong bull market and experiencing a relatively normal correction process.

In China, their Producer Price Index rose 1.7% from the previous year compared to a 2.1% drop in November. It would appear that while the Chinese are cooling their economy off, it remains relatively strong compared to other nations. In the U.S. we see inflation continuing at about that same pace in producer prices. Another analyst told the Dow Jones Wire Service, "A lot of the conditions that favor a bull market in precious metals are still intact; adds this is likely to be a short term move."

Given the views of major market analysts such as those quoted by the Dow Jones Wire Service, it would appear that gold continues to be an outstanding buying opportunity. If you would like to take advantage of this opportunity, call Goldline at 1-877-341-2646. Be sure you ask for the details of the Price Guarantee Program and ask for the free information package, along with a copy of the interview I did with Philip Klapwijk, the CEO of GFMS. That interview is on CD and it is one of the best interviews I have ever done because Mr. Klapwijk was so good at explaining what has happened to the dollar since 1960 and the reasons why the dollar is in a downtrend and gold is rising. Call Goldline at 1-877-341-2646 to receive your free information package.

Investors should ask Goldline to explain the features, benefits and cost structure of the various gold and silver investments that are available to you. Select those that best meet your own personal and individual investing needs and objectives. Investors looking for low transaction costs 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 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 an investment. Call Goldline at 1-877-341-2646 now to receive your free gold investment package.