GOLD AND SILVER RALLY AGGRESSIVELY

by Joe Battaglia | September 22, 2009

Gold and silver rallied aggressively again this morning in reaction to a big drop in the dollar. Gold is up $13, silver is up $.32 and oil is up $1.66. The dollar is down 74 basis points at 76.03. Gold is obviously demonstrating its ability to consolidate recent gains and putting in a very good performance this morning, while it is slightly off its overnight highs as is silver, both in aggressively positive territory.

Analysts told the Dow Jones Wire Service that gold is underpinned by the weak dollar, which they expect to continue to demonstrate weakness. Moreover, December futures are back within striking distance of last week's high of $1,025.80. Above that level, next resistance is $1,030 according to Leonard Kaplin. Dow Jones Wire Service also reported, "The market appears to be generally underpinned by cheap money and credit." They also reported, "Resistance at $1,020/oz is a key figure. If gold trades above that, it will spark more buying in the market." Mary Ann Bartels of Bank of America/Merrill Lynch says the next target for gold is $1,300. Given such a forecast by a prominent investment-banking firm, gold appears to be a great buying opportunity at these levels.

Call Goldline at 1-877-341-2646 to add gold to your holdings and request the free information and gold investor kit.If you would like to receive the GFMS 2009 Gold Update book, a $460 retail value, you must specifically ask for it. Call Goldline 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 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 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.

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