GOLD IS IN A BUY ZONE

Gold is up $7 in early trading and silver is up $.18 on follow-through from yesterday's nice rally. It would appear the gold market is going to close above $930 an ounce, which would lead to the expectation that perhaps it will rally into the $950 range next week. A breakout above $950, and there will be a return to $1,000 based on views of technical analysts.

The gold market was stronger this morning on continuing safe haven demand as U.S. non-farm payrolls fell 651,000 in February. This was in line with economist's views, signaling that there is no end in sight for the severe recession that began a year ago. The economy is hemorrhaging jobs at a rate that has not been seen in six decades. The December and January unemployment numbers were revised to show much steeper declines than previously reported. In December the revision was to a loss of 681,00 jobs, the most since 1949, when a huge strike affected half a million workers. The economy has shed 4.4 million jobs since this recession began in December 2007. Almost half of the losses have occurred in the last three months. The overall unemployment rate has risen to 8.1% and some economists think it could hit 10% by the end of next year. By some broader measures, labor conditions are already at those dismal levels. When marginally attached and involuntary part-time workers are included, the rate of unemployment or underemployment actually reaches 14.8% last month, up almost 6 percentage points from a year earlier.

Gold is performing well in the current environment. Standard Bank said gold's role as a hedge against risk remains "unsullied" and there is scope for further price gains because of that. The Dow Jones Wire Service ran a report entitled "Gold Price Looks Ready to Retest $1,005/oz." They stated, "Spot gold looks like it could trade back towards $1,005 a troy ounce because the last eight days of position unwinding, long liquidation and margin call related liquidation of the market is concluding, says a London based trader. Says gold is trading higher again Friday and has held above important support at $900/oz this week … we should look to retest that $1,005/oz high." They added that a move through $1,005 could spark a retest of $1,035.

A number of analysts are also looking further down the road. They see the results of the massive expansion of money supply and monetization of debt by central banks and view that as a situation that will cause currency depreciation and rising inflation. I've also been commenting that a number of central banks appear to be adding gold to their holdings. Yesterday, we quoted the report from "Commodity Online" which forecast that China is a buyer of gold along with Russia and as they move to hedge their position in dollars they would need to purchase $93 billion worth of gold, which could drive gold to above $2,000 an ounce. Today we see evidence of that as the central bank of Kazakhstan increased its gold reserves 7.6% to $2.19 billion.

Clearly, gold is in a buy zone at under $1,000 an ounce. Investors should be accumulating gold at these levels. Merrill Lynch continues to say that gold is a buying opportunity and the economic and geopolitical problems confronting the world will lead to continuing gold demand and higher prices. Investors should contact Goldline at 1-877-341-2646 for assistance in getting started. Goldline is the only company in the country that offers the Price Guarantee Program, which provides a two-week window of opportunity to re-price your transaction to obtain more gold or silver for your money in the event of a correction. Ask the folks at Goldline to explain that to you. You also have a choice of obtaining free shipping. Goldline also provides you with a free information package that I think is terrific. Tell them Joe said to call and they will give you a free copy of the CD interview I did with Frank Barbera. Frank is a brilliant man and he provides his views on the economy, the equity market, the dollar, precious metals, and other factors that you will find to be extremely informative and helpful in making your investing decision. Do not delay. Call Goldline at 1-877-341-2646 for the free information package. You will also find excellent articles from independent third-party sources providing their views on these markets and the conditions that will affect our economy. Call 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 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, 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 and how you may be able to receive free coins.

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.