
GOLD SHOWS STRENGTH
Gold is steady in reaction to a stronger dollar, which is up 9 basis points. Silver is up $.09, platinum is up $11 and palladium is up $7. The equity market is mixed with the Dow up and other indices lower. Uncertainty over the Greek bailout is a continuing theme this morning. The weakness in the euro is acting as a drag on gold. Given that fact, gold is doing quite well under the circumstances. The negotiation of the rescue package is still underway and even if it is agreed to, there are some concerns as to whether the nation will have problems implementing the austerity measures demanded by the plan. In fact, Greece could go from a sovereign debt crisis to a political crisis rapidly. Many believe that over the longer term other countries and states in our country will have similar problems and that there will be continued uncertainty that will provide a solid underpinning for gold going forward.
Peter Brimelow notes in a commentary for the Dow Jones Wire Service that many analysts believe that gold is now showing growing strength. The momentum is building to the upside they say. Most are targeting $1,165 as a breakout point that will lead to $1,200 and then perhaps to $1,300 by year-end. Brimelow sites the Aden's who think that a breakout above $1,165 will carry to $1,300. Francis Bray, the technical analyst with Dow Jones Wire Service said that he sees gold set to retest $1,162.80 in the near term. He also said: "The dominant threat is for further strength towards the April 12 reaction high at $1,170.70." Bart Melek of BMO Capital sees gold at $1,600 by 2011. Marc Faber warns that gold could reach $10,000 before the bull market concludes.
Consequently, it would appear that gold again presents an excellent buying opportunity at these levels. Those who would like to take advantage of that opportunity should contact Goldline at 1-877-341-2646. While gold remains below that $1,165 breakout area, you may wish to seriously consider utilizing Goldline's Price Guarantee Program, which provides an opportunity to re-price your order in the event of a correction. Moreover, you should ask for the free information package so that you can read some of the comments and reports from major banks and brokerage firms giving their opinions on the forecast for the metals and the factors driving them. To receive the free information package, call Goldline at 1-877-341-2646.
Ask Goldline to explain the features, benefits and cost structure of the various gold and silver products that are available to you. Select those that best meet your own personal and individual needs and objectives. Those 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 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..."









