GOVERNMENT TO START STRESS TESTING BANKS

The government announced that they are in negotiations with Citibank to provide them with more bailout funds. They also indicated that starting on Wednesday they would begin stress testing the banks and offering capital to those banks that require it. The result of that was a stronger dollar up 36 basis points at 86.85 and a rebound in the equity market with the Dow up 44 points.

The president of Barrick Gold, Aaron Regent said gold prices have more upside on safe haven demand and inflation hedging. He stated, "We continue to have a positive outlook for the price of gold. Concerns about reflation are growing," he says, noting that gold is a finite resource with a scarcity of new discoveries while governments can increase the amount of currencies in circulation. He further told Dow Jones Wire Service, "There is plenty of upside for gold prices" as the inflation adjusted record price from 1980 tops $2,000 in today's money.

Gold's pull-back today is simply a profit-taking correction from overbought levels. After gold hit $1,000 an ounce last week, it is reasonable to see a correction. Perhaps this correction could extend a bit further, on the down side. However, during these periods of correction and consolidation, gold is a buying opportunity. Sterling Smith, a vice-president with Futures One said as long as gold holds the $970 area, there is not a lot to worry about. There is a large range and we could see some volatile price action. However he said, "I am now moving to the opinion, as long as we stay in our uptrend, that you want to buy the breaks."

Chuck Jeannes, the CEO of Gold Corp., said safe haven buying in gold is likely to continue and he sees gold remaining above $1,000 an ounce. He believes that the government fiscal stimulus spending increases the amount of dollars in the financial system and "at some point the focus will turn to inflation, that of course will be positive for gold." These are very respected and responsible analysts who are looking for gold to move higher. As I said on Friday, we should expect volatility and expect corrections along the way.

Some investors may wish to get started today buying the dip, which seems to be a smart strategy. Those who would like to do so should call Goldline at 1-877-341-2646. Ask about how you may obtain free shipping or utilize Goldline's Price Guarantee Program. Goldline has available the new Newsletter for the winter season. If you would like to receive a free copy of the Newsletter, please call 1-877-341-2646. You may also be able to receive a free one-year subscription to the Newsletter, a $99 value. Ask Goldline how you may acquire a free subscription without any purchases. Be sure you also ask for the free information package. It contains excellent articles that discuss the potential for rising gold prices, the potential for dollar devaluation and many other issues that are important to all investors. Pay particular attention to the forecasts from the major banks and brokerage firm analysts. 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.