GOLD IN CONSOLIDATION PHASE

Gold is trading down $2 and silver is down $.10. That is in reaction to a slightly firmer dollar, at 76.12 on the index. Oil is down $.58 at $71.17 a barrel, also reflecting concerns about what the performance of the dollar will be later in the day. The dollar may react to the Federal Reserve's statement that will be released at 11:15 a.m. PT. It is widely expected they will leave interest rates unchanged, but may tinker somewhat with the language of their statement. A slight correction is a helpful thing in today's market. Gold is in a consolidation phase, attempting to consolidate the recent gains between $1,000 and $1,020.

Dow Jones Wire Service reported, "Ongoing U.S. dollar weakness may be sufficient to take gold to new highs, says HSBC analyst James Steele. Says a feature of the gold rally is persistent U.S. dollar weakness, accompanied by occasional questioning about the U.S. dollar's status as the world's reserve currency. Adds G20 initiatives could weigh on the U.S. dollar, and in doing so, further boost gold." These bullish comments from an analyst at one of the major banks are certainly important to the market. Other analysts have consistently said investors should be buyingthe dips. Today's correction perhaps provides such a dip buying opportunity.

The Dow Jones Wire Service further reported, "Further U.S. dollar weakness could be the impetus to push gold above last week's high of $1,024/oz and then a challenge of last year's all-time high of $1,022.35/oz, said James Moore of the Bullion Desk." Mitsubishi analyst Tom Kendall said, "It's a dollar weakness story but also broader concerns about the U.S.politically and economically that are driving gold higher." He further said, "It wouldn't be surprising" if gold tests its record high in the next 10 days.

Given these forecasts investors may wish to take advantage of the dip as a buying opportunity. To do so, call Goldline at1-877-341-2646. If you would like to receive the free gold investor package, call Goldline. If you would like to have a free copy of a recent interview I did with Peter Grandich, you must specifically ask for it by calling 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.