GOLD MARKET LOOKS STRONG

Gold is up $1 in early trading after having given back most of its early gains. Silver likewise went from a nice gain to unchanged levels. The dollar has weakened today, down 58 basis points at 85.29, while oil is lower. The equity market is higher, with the Dow up 62 points.

The Case Schiller Home Index came out with a 19% drop in home prices across the country. These are devastating losses. Some analysts have told CNBC and others that the housing market may have only gone through half of its correction. Could we see another 15% or 20% drop in home prices? We certainly could, but obviously we all hope that is not the case. In some cities the housing problem is so bad that banks, after beginning foreclosure refuse to go through with the process simply because they don't want the liability of the vacant house. They would rather stop the foreclosure proceedings and keep the homeowner in possession and responsible for maintenance, taxes and other expenses.

The conference board in the Consumer Confidence Report found concerns about hiring increased in March. The percentage of respondents calling jobs "hard to get" moved to 48.7% from 46.9% in February.Those who deemed jobs as "plentiful" was unchanged at a low of 4.6%. However, overall consumer confidence rose slightly to 26 versus 25.3 in February.

France's Finance Minister said if the G20 does not accept their proposals for regulating the financial industry, they will walk out of the G20 meeting. That would be an extraordinary event. It would certainly demonstrate a clash between major nations. This would be bad for the dollar.

One of the factors influencing the markets is the expectation that the ECB will cut interest rates on Thursday. That would weaken the euro and strengthen the dollar on a temporary basis. Another factor influencing gold today is that oil has been demonstrating some weakness, moving from a high $49.94 down to $48.24, down $.17. Nevertheless, gold and silver both remain well within their recent trading bands and continue to consolidate the recent gains. Heavy sales of gold by the ECB of 82 million euros, held gold back somewhat last week and could have been responsible for some of the weakness we saw. However, on balance this market looks quite strong and it is absorbing any central bank sales and the purchases by central banks were extraordinary. Yesterday, we got a report that Russia was a major buyer of gold in the first quarter of this year, purchasing 29.8 tons of gold. Their gold holdings moved to 4% of their reserves from 2.2% at the end of 2008. In one quarter they have almost doubled their reserves. Other central banks are also aggressive gold buyers.

Moreover, the discussions about the major countries moving to a new global reserve system continue to be at the forefront. Yesterday, several articles appeared in the Wall Street Journal on this issue. More and more analysts are discussing the possibility that the very aggressive quantitative easing or printing of money by the Fed is likely to substantially depreciate the dollar causing rising inflation pressures. Kenneth Rogoff, a prominent Harvard Economist said he anticipates inflation of 8% to 10% in the next three years. The number of articles appearing in publications discussing the abandonment of the dollar is growing by the day. A new currency is likely to be put into place, sometime in the next three years.

Yesterday's Wall Street Journal ran an article entitled "Dethroning the Dollar." These are articles that should be read by all investors. Moreover, with inflation set to rise and a new global currency on the horizon, investors need to own gold for protection and insurance. These are important once-in-a-lifetime events. The consequences can be severe for those who have not protected or insured against them.

Call Goldline today at 1-877-341-2646 to learn how gold can protect you from these problems. Ask them to assist you with your gold investment needs. Some of you may be interested in bullion-type assets such as Eagles or Maple Leafs; others may wish to look at the features and benefits of other assets such as Swiss 20 Francs, Sovereigns, Double Eagles and other assets with collectible value. I believe all investors should have some gold in their portfolios.

Goldline is also offering a free information package, which contains three articles discussing the demand for a new global reserve currency. Remember, this isn't just one country or some analyst recommending this. These demands are coming from a group of nations including China, Russia, Brazil, India and some others. It is a movement that has begun that is not likely to be stopped. Some even think that the United States secretly would like to go along with such a proposal because it gives greater latitude in managing domestic economic problems. Read these articles carefully. They are very important to your future financial survival. In addition we have several articles quoting major analysts discussing their views for gold. Particularly read the comments from Pierre Lassonde, former Chairman of Newmont Mining and the World Gold Council. His remarks are extremely important. You will note that he, along with others, are looking for gold to rise above $2,500 an ounce. Call Goldline at 1-877-341-2646 to receive the free information package. Tell them "Joe said to call" and they will give you a free copy of the CD interview I did with Frank Barbera, a prominent financial analyst and a free copy of the American Advisor Newsletter, a $25 value for free. Call Goldline at 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. 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.

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 now at 1-877-341-2646 to receive your free information package.