GOLD RISES

Gold and silver are both higher this morning, with gold trading up $4 near the market open, silver is up $.04 and platinum is up $8. The dollar is up 28 basis points at 80.10, oil is down $.82 and the Dow is down 10 points. Gold and silver are again outperforming other markets and rising in spite of the stronger dollar. That sends a powerful signal that there is excellent demand for gold at these levels. Having held support, gold is likely to make another stab at overhead resistance.

Analysts told the Dow Jones Wire Service that gold is rising as an alternative currency buy amid worries over U.S. and euro zone sovereign debt. Charles Nedoff, a market strategist said, "Gold is up amid fear of fiat currencies." Some of the fiat currency risks resulted from the fact that Moody's Investor Service said the risks are growing to the four largest AAA rated countries, Germany, France, the UK and the U.S. Dow Jones further said that despite gains in the dollar as a perceived safe haven, the jitters surrounding talk of risks to the U.S.'s strong credit sent some participants into gold. "Some see the metal as an alternative currency, seeing it as a tangible store of value against paper currencies." Dow Jones also reported that while the stronger dollar was keeping a lid on gold's gains, gold is able to stay in positive territory is a constructive sign.

Given the risks to fiat currency and the problems facing the U.S. and other countries with regard to sovereign debt, it makes sense to own some gold as an insurance policy and a store of wealth. The problems with debt are particularly acute among the U.S. states. Many states, counties and cities are on the brink of bankruptcy. They do not have enough revenue to meet their financial obligations. The situation does not look likely to improve anytime soon. In fact, it is most likely to worsen.

Therefore, owning some gold makes a great deal of sense. Call Goldline today at 1-877-341-2646 for assistance getting started with some gold or adding gold to your holdings. Ask Goldline for information about their Price Guarantee Program and for the free information package. The information package contains excellent information about the benefits of gold as a store of wealth and a diversification to protect against the falling dollar and rising inflation. It also contains price forecasts from some of the major banks and brokerage firms, with regard to the metals. Call Goldline now at 1-877-341-2646 to receive your free information package.

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, 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 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.

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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 Goldline's Account and Storage Agreement along with our risk disclosure booklet, Coin Facts for Investors and Collectors to Consider ®, prior to making your purchase. Goldline's spread, which is the difference between the price we sell our products and the price we buy them back, generally ranges between 5% to 20% on our most common bullion products and 30% to 35% on all other products including our popular European francs, proof coins, silver dollars and half-dollars, and graded coins. 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 1-877-341-2646.
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