GOLD ATTRACTIVE TO INVESTORS AS METALS SURGE HIGHER

by Goldline.com | August 13, 2009

Gold and silver are up sharply this morning on the continuing decline in the dollar, possibly making gold coins of interest to more investors. To the delight of those already invested in coins, gold is up $5 and silver is up $.26. The dollar is down 48 basis points at 78.31 and oil is up $.96 at $71.11 a barrel. The Dow is also up 10 points.

Of interest to all those invested, be it in coins, gold bars or stocks, the latest economic data indicates that retail sales fell 0.1% last month. Without the "Cash for Clunkers" program, retail sales fell 0.6%. That is in contrast to the expectation that retail sales would have risen 0.6%. Moreover, new claims for unemployment rose to 558,000; substantially above expectations and obviously considerably more than last week's report. With unemployment rising, those with available funds are looking to gold and other precious metal coins to add more secure assets to their portfolio. The data overall showed a weak job market and an economy that is not showing as many "green shoots" as some had thought, making gold coins more attractive than ever for those looking to stabilize their portfolio.

Favorable Direction for Gold Bars and Coins

With regard to gold coins and bars, Barclay's Bank said today, "We regard the contracting range of the past six months as constructive for an eventual move through $981 an ounce toward the $1,033 an ounce peak and beyond to new all-time highs." Merrill Lynch believes gold coins and bars will surpass the $1,000 level by early fall, perhaps as early as October. Other analysts think September will mark the crossing of the $1,000 an ounce threshold for gold coins and bars on the way to new highs. Prominent analysts from the major banks and brokers think gold will move higher as a result of a falling dollar. With so many countries calling for a new global reserve currency and demonstrating less willingness to purchase U.S. government debt, it would appear the dollar should continue to fall, potentially elevating the value of any gold coins for sale. Some analysts are predicting it will fall to 72 on the dollar index over the next couple of years. Others believe the dollar may fall considerably further. The uncertainty over how far the dollar will fall is motivating some investors to seek out gold coins for sale.

Investing in Gold Bars and Coins

In this environment, gold coins and bars are assets that protect and preserve wealth over the long term. Gold coins and bars are also assets that present excellent opportunities due to the outstanding gains that have been made over the past nine years, including this year, where gold has risen over 7%. Call Goldline today at 1-877-341-2646 for assistance investing in gold and silver coins and bars. Ask them about their Price Guarantee Program, gold and silver in IRA accounts, and other questions you may have concerning precious metals. Also, be sure to ask Goldline for the free information package, which contains articles discussing the calls for a new global reserve currency to replace the dollar along with our own government's use of SDRs, the new supra sovereign currency that is anticipated to replace the dollar. The information you will receive is very helpful and should be read by all gold and silver investors. You should also ask for a free CD and listen to the advice given by prominent analysts. Call Goldline now at 1-877-341-2646.


Price Guarantee Program

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 coins and 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 on gold. 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 a purchase. 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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