GOLDMAN SACHS RAISES GOLD FORECAST

Gold was down about $10 overnight, reaching as low as $1,049.60 on the April contract before rebounding. However, in the first 20 minutes of trading, it erased most of those losses, trading down $3 at $1,059.80. Silver reached as low as $15.02, but rallied back to $15.12, down $.24. Again, it is the story of the dollar. The dollar is up 36 basis points at 80.28. The dollar traded at its highest level since last July. Oil is down $.19 and the Dow Industrials are down 31 points.

The labor report this morning is somewhat confusing. Twenty thousand jobs were lost, yet the unemployment rate came down. Also, the underemployment rate, which had been over 17.3%, has come down to the 16.5% range. The confusion results from the fact that companies and governments cut 20,000 jobs, but 541,000 more jobs were created last month, helping to bring down the jobless rate. This suggests that either more people have started their own business or are working for companies that are too small to be captured by labor survey, said the Dow Jones Wire Service.

Goldman Sachs raised its 12-month gold forecast this morning, which is another positive factor given the correction that has been seen in the market. They raised their 12-month forecast from $1,365 an ounce to $1,380 an ounce. They also raised their silver forecast to $23.30 an ounce. Their three-month forecast is now $1,235. Goldman Sachs is a very knowledgeable firm and its forecasts very often prove to be excellent. Given this forecast, you may wish to react by acquiring precious metal assets today at these levels. After the U.S. payroll figures and Goldman raising its gold forecast for the year, gold recovered most of the overnight losses. The correction, given the Goldman forecast, should be celebrated as an opportunity to accumulate precious metals at bargain basement prices.

In order to regain further confidence to acquire metals at these levels, you may want to speak with Goldline about their Price Guarantee Program, which provides a period of time during which you can re-price your order in the event of a correction. Many have taken advantage of this opportunity and have had the benefit of this correction work in their favor to provide a lower transaction price for their products. Call Goldline at 1-877-341-2646 and ask them to explain the Price Guarantee Program to you. Goldline is the only company in the country that offers this program and you do not have to pay extra for it. However, the products that it is available with are limited so ask them about the details at 1-877-341-2646. Also ask Goldline for the free information package, which contains excellent articles and forecasts, along with other information that you will find very helpful. You will receive a free copy of the American Advisor Newsletter and a free copy of an interview with Philip Klapwijk of GFMS, one of the most prominent analysts in the business Call Goldline now at 1-877-341-2646 for your free information package.

Ask Goldline to explain the features, benefits and cost structure of the various gold and silver products that are available. 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, Swiss 20 Francs, 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.