EXCELLENT GOLD FORECASTS

Precious metals are up this morning with gold up $2 and silver up $.10 in early trading. The metals are doing a very good job given the fact that the dollar is up 7 basis points. Oil has also bounced back and is up $.28 trading at $79.95 a barrel. Gold was helped by an unexpected drop in retail sales suggesting that the Fed will hold off on any rate increase. Similarly, gold finds support after the initial claims for jobless benefits increased by 11,000 when economists had expected a 4,000 claim drop, according to MF Global Analyst Tom Pawlicki.

You should remember that easy monetary policies, flooding the system with money, keeping interest rates at artificially low levels, and buying up government debt are all indicators of future inflation pressures. Future inflation results from the loss of buying power of the dollar that these events lead to.

Yesterday, GFMS issued a report saying that they see gold rising above $1,200 an ounce before the second quarter of this year. They also see gold above $1,300 an ounce thereafter. These are excellent forecasts from the most successful forecaster in the business. Dow Jones Wire Service also reported that some of their analysts are forecasting an average high price for gold this year of $1,400 an ounce. That would represent an extraordinary move and would score gains for gold holders. The highest forecast for silver was $22.00 an ounce, which would again be an outstanding gain. Remember these are "average" forecasts with the implication being that there would be forecasts below and above those levels for the "average" high. Dow Jones technical analyst Francis Bray said he sees pressure on overhead resistance at $1,146. A break through that level would lift the tone and open $1,155 and from there on to $1,163. These are, of course, all short-term trading targets.

Looking at the longer term, there are many analysts who see gold at much higher levels. Some are looking to $1,350 (Goldman Sachs) to $1,450 this year, others $1,500 to $2,000. Whether gold makes significant up moves this year or not, it continues to be an asset that should be held in all portfolios as a protection against inflation, an asset to preserve purchasing power, and a safe haven asset. Gold has proven repeatedly over hundreds of years that it serves these purposes very well. In addition, it is clear that gold has been in a major bull market for the past 10 years. When gold enters a bull market, it frequently lasts 15 to 20 years. Therefore, the upside potential is also quite good.

Call Goldline today at 1-877-341-2646 to acquire precious metal assets at levels that meet your own individual needs and objectives. Ask Goldline about the special offers that they offer. You may find these very attractive. Also ask them for the free information package, which contains information on the U.S. dollar, the potential for further losses in purchasing power of the dollar, and price targets and forecasts by major analysts and brokers. Call Goldline now at 1-877-341-2646 to get started.

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 buying 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.