GOLD HITS ANOTHER RECORD AT $1,227.50

The metals are experiencing some slight correction this morning after gold reached a high of $1,227.50. At this point, gold is down less than a dollar in very early trading, having seen profit-taking and then rebounded. The silver market is a bit weaker. It reached $19.50 an ounce and then slipped back $.34 to $18.99. All of the metals are reacting to a stronger dollar, which rose 7 basis points at 74.74 on the index. The equity market is slightly higher and oil is up $.37.

The correction in the metals markets occurred during comments by European Central Bank President Trichet. However, Dow Jones Wire Service reported that investor appetite for the metal remains strong. Trichet said that the ECB will continue to provide ample liquidity to the euro zone banking sector, but that the 12 month refinancing operations would be ended next March and no longer offered at the ECB's low 1% policy rate. The continuation of the stimulus into March of next year is a factor that caused the euro to fall back and essentially the weaker euro put pressure on gold. This is because gold is viewed as a dollar hedge and more broadly as an alternative currency. Barclay's Capital analyst Suki Cooper told Dow Jones Wire Service, "Sentiment remains very positive toward gold."

In the economic news initial claims for jobless benefits fell 5,000 to 457,000 in the week ending November 28th. That was better than expected. Nevertheless,we continue to lose jobs at an unbelievably high rate.

In the euro zone they are also forecasting sluggish growth next year in a range of .1% to1.5%.

The most interesting thing about the gold market today is that there are big buyers waiting on the sidelines to buy the dips. While gold may be experiencing a mild consolidation at this point, the upside momentum is so powerful that most analysts think gold will see higher levels before year end. Clive Lambert at Futures Tech told Dow Jones Wire Service, "Gold's technical outlook is very bullish with gold on track to rally to $1,250 to $1,300 an ounce and unlikely to dip below $1,200." On a consolidative or corrective move, gold certainly looks like a great buying opportunity. That concept is reinforced by the fact that there are analysts such as Francisco Blanche of BofA/Merrill Lynch who forecast $1,500 for gold over the next 18 months and that David Rosenberg, formerly the chief market strategist for Merrill Lynch, said he sees the potential for gold to riseto $2,600. All of these analysts are highly respected.

Investors should utilize every opportunity to acquire gold or add to gold positions if you choose to do so. Call Goldline at 1-877-341-2646 for assistance getting started. In addition you should ask for the free gold investor information, which you will find very helpful. Call Goldline today at 1-877-341-2646.

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 a purchase. Call Goldline at1-877-341-2646 now to receive your free gold 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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