
GOLD - THIS YEAR'S OIL MARKET
Gold and silver rose aggressively overnight. As I forecast, gold challenged resistance at the $930 level and pulled back after reaching as high as $929.30 on the key contract. Gold is likely to consolidate the gains between $900 and $930, but once it makes a breakout above $930, it will be challenging minor resistance at $940. Once it breaks out above $940, Standard Bank analysts say it will be off to the races on the upside.
Dow Jones Wire Service, Bloomberg, and Business Week Magazine all report that funds now view gold as this years oil market. They are anticipating an enormous move to the upside for gold. As a result, funds have been heavy buyers of gold and are forcing short covering in the futures market. This is creating technical momentum to the upside and should be considered very constructive for the gold and silver markets. With so many analysts forecasting gold above $1,000 an ounce, Merrill Lynch looks like it may be correct with its forecast that gold may reach $1,150 an ounce before June. This market could move very quickly on the upside.
Investors should not delay in acquiring their precious metal assets. Those who have not acquired gold or who are looking to add to their holdings should do so today. There is a good chance that this market will run rapidly up to the $975 to $985 zone in preparation for a move to the previous all time high of $1,030.
The gold market is making this strong move to the upside as analysts believe that the printing of money for the bailouts in the United States and Europe will result in an enormous debasement of these currencies. Already gold is at an all-time record high in terms of the euro and various other currencies. When you see gold rising aggressively, even though the dollar is up aggressively (52 basis points at 85.79) you know this is a strong gold market. Gold is also rising in the face of a decline in the Dow, which is down 103 at 8,045.
We are now getting what analysts consider to be a strong buy signal in gold. Call Goldline today to get started at 1-877-341-2646. Some investors may wish to utilize Goldline's Price Guarantee Program. No one else in the country offers this program. It provides you a two-week window of opportunity to re-price your transaction in the event the market should correct. In that way, you would get more gold or silver for your money. Ask Goldline about the details of this special offer and the products for which it is available.
We have updated the free information package to include a Business Week article quoting one of the best fund managers in the business who says their fund, which is $5.1 billion, is jumping on gold. They are adding gold aggressively to their holdings because they anticipate the debasement of the dollar. We are also enclosing a Dow Jones Wire Service article entitled, "Gold May Be The New Oil For Hedge Funds Aiming To Rebound." This article expresses the view of a number of funds that are pushing into the gold market because they see the best profit opportunity in gold. You will also find several articles from analysts at major firms that you will find to be informative and enlightening. These are some of the best economists and market strategists in the world. Be sure you read the company brochure carefully because it explains about money and investing that most people simply don't know. Call Goldline at 1-877-341-2646 for your free information package.
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 .


- 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..."









