
GOLD RALLIES OVER $1,100
Gold and silver moved up this morning, posting excellent gains on this last trading day of the year. With gold back above $1,100 an ounce, it has posted a solid performance throughout the course of this year. After hitting a high of $1,200 and retreating back on a corrective and consolidative mode, the market, nevertheless, closed dramatically higher than last year. In fact, gold is up more than 24% year on year. In addition, we have analysts all over the globe who are forecasting gold to make a significant move upward next year as well. This is a very strong bull market that has been in force over the past decade and looks likely to continue for at least another four or five years on the upside. Many analysts are forecasting prices as high as $1,350 next year and some are forecasting $1,500 for next year. Rob McEwen, who is the head of the U.S. Gold Corp., the third largest gold mining in the U.S., is forecasting that gold may reach as high as $2,000 next year and as high as $5,000 over the next three or four years. This suggests that the market has an excellent upside potential.
These are among the many reasons why analysts view this current period of consolidation as a great buying opportunity. Moreover, the market may have found its ultimate bottom and each time it has tested support just below $1,100 it has bounced back off of those levels. This may be a new floor being developed under the price of gold. Moreover, the Indian government purchased 200 metric tons of gold this year at an average price of $1,045 an ounce. No doubt that is a significant factor putting a floor under the price of gold at that level. All of the factors taken together suggest that the opportunity is excellent for gold and silver investors in today's markets.
Looking further at the economic data, we see that our country has plunged itself into an unbelievable chasm of debt. With the debt ceiling now at $12.4 trillion, (which will only last for a couple of months into the New Year) the country has been on a spending and debt binge that is impossible to sustain. More and more analysts are suggesting that we could enter a debt crisis in the very near term. In that type of environment, gold is theultimate safe haven asset.
In addition, the banks haven't really cleared up the ultimate problem of the derivatives that they have spread across the world. We now are facing questions of sovereign debt downgrades for a large number of countries and the overall situation is serious to say the least.
This is another good reason to own precious metals. You should take all of these and other factors into consideration to determine whether you wish to have some exposure to the gold and silver markets as a safe asset for your portfolio. Moreover, everyone should consider the fact that gold and silver have proven themselves capable of maintaining purchasing power over lengthy periods of time, while paper assets have failed to protect purchasing power. Over the past ten years the Dow still hasn't recovered the levels it was at previously. Meanwhile gold has quadrupled and silver has performed even better. Look at the facts and consider the evaluations of some of the analysts at major banks and brokerage firms such of BofA/Merrill Lynch and others who are forecasting gold to make a huge move to the upside.
You can obtain this information by calling Goldline at 1-877-341-2646 and asking for the free information package. Be sure to ask them to explain the Price Guarantee Program to you. That program is available on select assets and provides you a two-week window of opportunity to re-price your transaction in the event that the market should correct after you have made your purchase. This is a program that has helped many to obtain a more favorable price on their assets through Goldline. Call Goldline 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 at 1-877-341-2646 now to receive your free gold information package.


- S&P Capital IQ - Gold: $1,900 (in 2012) "Leo Larkin, metals and mining analyst at S&P Capital IQ, thinks that $1,900 gold might not be that much of a stretch [in 2012]. 'Gold has been ..."
- Citigroup - Gold: $2,300 - $2,400 (by end of 2012) "While we remain cautious on Gold in the near term...we continue to believe that the bull market remains intact...we believe that 2012 may be..."
- Leeb Capital Management - Gold: $2,500 - $3,000 (in 2012) "I'll give you my target for gold at the end of 2012, it's going to be trading somewhere between $2,500 and $3,000. This..."
- Global Hunter Securities - Gold: $1,800 (in 2012) "'What I am looking for is a gold price of $1,800 an ounce in 2012,' says Jeffrey Wright, senior research analyst at Global Hunter..."
- US Global Investors - Gold: $3,600 (by 2017) "'People get so caught up with the next three minutes for gold and they should really be focused on the next three years,' says Frank Holmes, ..."
- Goldman Sachs - Gold: over $1,900 (in 2012) "Wall Street investment bank Goldman Sachs predicts that gold's bull run will continue into 2012 with a low interest rate environment and..."
- CNBC - Gold: $2,400 (no period given) "Gold will top $2,400 an ounce. The long-term bull market in gold marches on. Gold won't make a straight shot to a new inflation-adjusted high. As long..."
- Nomura - Gold: $2,000 (by end of 2012) "Nomura has raised its forecast for gold prices to $2,000 an ounce by the end of 2012, from $1,800 earlier. The brokerage said the low-interest rate..."
- Morgan Stanley - Gold: $2,200 (in first half of 2012) "Gold will lead a rally in commodities in 2012 as Europe's sovereign-debt crisis continues to roil financial markets, spurring demand for ..."
- UBS - Gold: $2,050 average in 2012 "[Gold] remains one of the top commodity picks for 2012 as 'most of the factors that pushed gold higher in 2011 are not going away,' according to UBS..."
- Bank of America Merrill Lynch - Gold: $2,150 - $2,200 (average in 2012) "From a technical perspective we believe that the bull trend for gold remains intact… with gold having not yet met any of..."
- TheStreet.com - Gold: $2,500 (by May 2013) "I want to own gold here. I think gold is going to $2,500 eighteen months from now... Gold has been up for ten straight years and this going to be the..."









