GOLD RISES - UNEMPLOYMENT CLAIMS REACH 626,000

Gold and silver are both higher today with gold up $20 at the open and silver up about $.30. The metals are higher even though the dollar is up 4 basis points at 85.74 and oil is down $.24 at $40.08 a barrel. Gold saw a lot of fund buying in the European markets overnight and it got another boost in response to ECB comments on inflationary pressures picking up in the second half of 2009. In addition, the Bank of England cut their rates yet again to a record low of 1%.  The ECB left its refinancing rates on hold at 2%. John Nadler said if the market remains on a pace as good as it has been this morning, gold may be in for another test of the $930 area of resistance before this week or even this trading day is over.

The initial new claims for unemployment insurance also contributed to the support for gold. First time claims for state unemployment insurance reached 626,000 in the week ending January 31, up 35,000 from the prior week. Continuing claims indicating the difficulty of finding a replacement job increased to a record 4.79 million.

Barclay's Capital said the stabilization in gold prices at these elevated levels is coming as strong investor interest outweighs the generally stronger dollar. Many traders and investors are looking to the problems in the banking system, as they become gold buyers. George Gero of RBC Capital also said there is heavy buying of gold calls over $1,000. He said Thursday's price action gives credence to UBS Bank's forecast of an average price of $1,000 this year. That average price could only be achieved with gold moving above $1,000 for some period of time. Given analysts forecasts for gold to be well above $1,000 an ounce this year, some forecasting $1,200 or higher, gold should be on everyone's agenda. People should be accumulating gold as a diversifier for their other assets, for a safe haven asset, and for protection and preservation of purchasing power.

Moreover, there are growing geopolitical concerns that are developing that could lead to an outbreak of additional military conflicts. These also are reasons why people accumulate gold for safety. This morning Goldman Sachs lifted its three-month gold price forecast to $1,000 from $700. Most of the major financial institutions recognize that from a technical and fundamental point of view, gold is set to move substantially higher. Previously Goldman Sachs had a low forecast that was actually below current prices. Now they have raised that forecast to $1,000 over the next three months. That forecast may also prove to be too low.

Those who have not gotten into the gold market yet, should do so at once. This is a great opportunity for gains as well as an opportunity to protect one's portfolio and to preserve purchasing power. All of these factors are very important when you look at your investments. Many have been staying with equities, which have been causing tremendous losses to people's savings of a lifetime. Many stock mutual funds are down 40% or more. The Dow Industrials hit its lowest level of the year today. Yet, many continue to do the same old thing, holding on to those stock and funds without giving any rational thought or consideration to whether that is a sound strategy for their particular needs and objectives. I encourage everyone to become better informed and to make independent judgments and decisions about what you invest your money into. If gold is appropriate for you, Goldline is happy to assist you in getting started. In fact, for most people gold is not just appropriate, it is essential to properly diversify a portfolio.

Call Goldline today at 1-877-341-2646 to learn more about these concepts. Goldline will give you a free information package, which will include a new CD interview with noted investment analyst Frank Barbera. Barbera has been a technical analyst for several business television stations; he is a fund manager, a manager of money for individuals, and a financial advisor. His forecasts have been excellent. Listen to what he has to say about today's economy and the future of the U.S. dollar. Be sure that you read the various articles that Goldline includes in the free information package. They are excellent articles from responsible sources such as Bloomberg Wire Service, Dow Jones Wire Service, Forbes.com, Citibank, Merrill Lynch and many others. This information will assist you in thinking through your investing decisions. Be sure you read the company brochure, which explains what money is, why gold serves people well, and other important things you need to know about investing. Call Goldline at 1-877-341-2646 for your free information package.

If you would like to get started with gold today, call Goldline and ask them about special offers, about the Price Guarantee Program and other matters that can assist you in making a sound precious metal decision. 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 and how you may be able to receive free coins.

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