GOLD AND SILVER POST MAJOR BREAKOUT MOVE

Gold and silver posted a major breakout move this morning, with gold up $14.70 at $1,011.20 an ounce. Silver is up $.27 at $16.94 an ounce on the December contracts. These metals along with the platinum group metals are moving aggressively higher and at this point could very well make new all-time record highs. Remember, there are analysts who are forecasting gold could be at $1,100 before this month is over. While that is a rather ambitious goal at this point, I think much higher levels are certainly on the cards. Gold has broken out above the $1,004 resistance level, which was a major breakout point and is now well on its way to the previous all time record high of $1,032. Once it breaks out above that level, there is no limit on the upside. Even talking heads on CNBC were commenting that gold is still only half way to its inflation adjusted record highs. That suggests that there is plenty of room on the upside for a move into the $2,000 plus range. Gold is moving upward on the weaker dollar, which is down 29 basis points and firmer oil, up $.58 at $72.52 a barrel. The up move in precious metals is also supported by a strong euro, which hit its highest level for the year. Analysts on Dow Jones Wire Service commented that gold will likely next target its all time high of $1,032.

Among the key factors driving this market is also the fact that Barrack announced that it is repurchasing over 3 million ounces of gold to close out its hedge book. They have been the most conservative mining company in the business. The fact that they are closing out their hedge book on the expectation of dramatically higher prices is significant. Today's investors should be following their lead in accumulating gold aggressively at these levels. I think on the next breakout above $1,032, gold prices could have a spectacular run to the upside. $1,100 to $1,200 an ounce by year-end is clearly within the realm of probabilities.

Investors should be accumulating gold at these levels and I think doing so will result in excellent gains for those who get into the market at these levels. Call Goldline now at 1-877-341-2646 for assistance in getting started with your gold investments. You may wish to ask them about their Price Guarantee Program. Ask them also about Swiss 20 Francs, British Sovereigns and other assets that can serve your purposes. You should also ask Goldline for the free information package. They have excellent articles and information explaining the reasons why gold is making his tremendous breakout move and how you can benefit from it. Call Goldline now at 1-877-341-2646.

Investors should ask Goldline 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, 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 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.