JP MORGAN SAYS "BUY THE DIP"

Gold and silver eased back into positive territory this morning after gold dipped to a low of $1,126.50 and silver reached $17.49. Both are trading slightly higher as the dollar has given ground this morning. The dollar is down 18 basis points at 76.13. Oil is also rebounding, up $.38 at $73.02 a barrel, but the equity market remains in negative territory with the Dow down 13 points during the first half-hour of trading. Referring to the correction of the past few days, the Dow Jones Wire Service said, "Traders usually retreat as a bargain hunting opportunity, Mathias Detremmerie said. This was reinforced when the dollar turned weaker again, he said." JP Morgan said "the dip is offering quite an attractive into point relative to where prices could trade in 2010 H1."

The sovereign debt of Greece was downgraded. They now are on a negative credit watch, which further suggests that a debt default is a serious possibility. Moody's also warned that both the UK and the United States could be put on a credit downgrade unless the budget deficits and debt are brought under control in the next couple of years. It would be an epic once-in-a-lifetime event if the U.S. government's credit rating was downgraded. It would have serious consequences for all of us. Moreover,it would mean the dollar would fall aggressively and of course that would likely be positive for the gold market. In addition, Moody's cut its ratings on a raft of Dubai government controlled companies. Many of these companies are on the brink of debt default as well. If that were to occur it could easily ignite another credit crisis among the banks in Europe in particular, and to some lesser extent in the U.S.

Many are acquiring gold as an alternative to the dollar because confidence in the dollar is fading rapidly. Moreover, there are many analysts who believe the dollar is in the process of losing its sole reserve currency status. This will result in higher borrowing costs for our country and the private sector as well. Some analysts believe the correction we have been seeing over the past five days is simply some year-end book squaring and profit taking. That seems to be a reasonable analysis. When one looks at the risk to reward situation with gold and evaluate that in the view of analysts' forecasts, the downside seems to be quite limited, while the upside is very promising. With analysts forecasting gold to bottom somewhere in the $1,080 to $1,140 range, it appears to be a great buying opportunity at these levels. Moreover, the forecasts for next year seem to be pretty uniformly between $1,300 and $1,500 an ounce.

If you wish to buy the dip and add to your holdings, call Goldline now at 1-877-341-2646. Goldline makes it easier to buy the dip by offering a Price Guarantee Program. That program allows you a two-week window of opportunity to re-price your transaction in the event that the market should correct after you make your purchase. Call Goldline at 1-877-341-2646 to learn more about the PGP program. In addition, ask for the free gold and silver investing information, which will assist you in learning more about the forecasts of many of the major banks and brokerage firms along with the basics about investing inprecious metals. Call Goldline at1-877-341-2646.

Investors should 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 investing needs and objectives. Investors 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 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 20Francs, 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 investing, 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 decision. Call Goldline at1-877-341-2646 now to receive your free gold investors package.