GOLD AND SILVER AT BARGAIN LEVELS

Gold is down $2 and silver is down $.10 in thin pre-holiday trading. A little less safe haven demand and some book squaring going into the holiday caused gold to dip. One analyst discussing the light pre-holiday trading conditions said, "I haven't seen it this thin in about six months." News that Wells Fargo announced that it expects record 1st quarter earnings of approximately $3 billion or $.55 a share eased the safe haven demand for gold. It also helped to boost the stock market by 200 points in early trading. The dollar is down 18 basis points and oil is up $2.86 at $52.24 a barrel. Obviously, oil is reacting to the expectations of declining purchasing power of the dollar and rising inflation. I say this because oil inventories have continued to increase with a substantial amount of excess inventory available for the market. Nevertheless, prices are rising. That suggests that the key factor driving oil is the expectation of a weaker dollar.

Over time, it would appear that the tremendous expansion of the money supply and the various bailout programs that are in the trillions of dollars will sooner or later ignite some inflation. Many of the things the Fed is doing, the assets it is buying, are long-term assets. It will not be able to unwind those assets in a short period of time. Therefore, the ability to contain inflation is limited. Once inflation begins to spark up, it should rise aggressively. I think most people believe inflation rates of 10% to 12% are well within the bounds of reason. Inflation at 10% would likely take gold to above $2,000 an ounce. That is why we have analysts such as Rob McEwen, David Rosenberg and Michael Jalonen of Bank of America/Merrill Lynch and many others forecasting gold to rise aggressively over the next two years. Today, Fortis Bank forecast gold at $1,200 in 12 months. This is a conservative Dutch Bank.

Jobless claims fell 20,000 in the previous week to 654,000. Economists expected a loss of 9,000. However, the prior week was revised to a higher unemployment rate, with 674,000 jobs lost versus the reported 669,000. This implies that the unemployment rate after the end of this month will likely be in excess of 8.5%. Some analysts believe it will rise to as much as 8.9%. The Fed says unemployment will rise steeply into next year. In that environment the government will continue to make aggressive efforts to try to stimulate the economy.

Clearly, these are all factors that suggest gold should be accumulated at these bargain basement levels. While gold could be vulnerable to a further correction, some think that may be running its course, as gold is heavily oversold. Consequently, gold could make a substantial move to the upside rapidly. Utilize today's dip to acquire precious metal assets.  Gold and silver are both at bargain basement levels.

Call Goldline at 1-877-341-2646 and ask about their unique Price Guarantee Program. This program provides you with a two-week window of opportunity to re-price your order in the event of a correction, thereby providing price protection for a period of time. You should also ask for the free information package, which will provide you a great deal of information on the proposals for a new global currency, the potential for formal devaluation of the dollar, and a number of articles explaining why prominent analysts and experts in the precious metal field believe gold will soar above $2,000 an ounce in the next few years. To receive the free information package call Goldline at 1-877-341-2646. Tell them "Joe said to call" and they will also send you a free copy of the American Advisor Newsletter, that's a $25 value and a free CD interview I did with Frank Barbera, a noted market analyst. This will be in addition to various other articles, the company brochure and the Risk Disclosure booklet. Call Goldline now 1-877-341-2646.

Investors should contact Goldline and ask them to explain the features, benefits and cost structure of the various gold and silver investments that are available. 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, 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 two-week 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, including articles on the dollar, the economy and gold, call Goldline at 1-877-341-2646. Goldline also provides several other helpful articles. There are a number of other independent third-party source articles that you 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. Call Goldline at 1-877-341-2646 now to receive your free information package.