METALS CONTINUE REBOUND

Gold and silver opened higher this morning, well supported by a softer dollar and easing of concerns about the potential for liquidation by funds. The Goldman Sachs case does not appear as strong as it might have on first blush. Clearly, the evidence seems to indicate that Paulsen was open and transparent about shorting mortgage securities and pretty much everyone in the industry knew it. That looks like it includes the very entities that bought those securities. At the time this occurred, everyone thought that Paulsen didn't know what he was doing. They were convinced that those securities were safe and secure. Paulsen simply reacted to the obvious: those who took out "liars loans" would ultimately not be able to pay them. The banks who make the loans would ultimately not be able to sustain the losses. I was talking about these precise issues for many years. The issues were well known in the industry. However, there was so much money to be made by the entities creating these securities and those who were pulling in money into them, that no one cared about the obvious risks.

Gold and silver are now starting to again demonstrate strength and are climbing slowly higher. Both are climbing in spite of the fact that the dollar is up 12 basis points. Oil is also looking stronger, up $.55 at $84.41 a barrel. Could we actually see $85 to $90 a barrel? It would appear likely. Gold is also being helped by a stabilization of the euro. And there is a growing recognition that gold is an alternative currency. Still there is a lot of attention on Greece's debt problems. There is a lot of uncertainty with regard to Greece and the other PIIG nations. The real fireworks may begin when U.S. government debt is questioned.

From a technical point of view gold is now trading above resistance, which is at $1,146. The key pivot is at $1,145. Consequently, while a number of technical traders are nervous, gold is steadily doing the work it needs to, to resume its bull trend. In fact, both of the metals have risen substantially from the lows that were achieved last Friday.

Those who view this market as a buying opportunity should consider calling Goldline at 1-877-341-2646 for assistance in getting started. Remember Goldline is the only company in the country that offers a Price Guarantee Program on some of their products. Call Goldline at 1-877-341-2646 to find out the details. Goldline will also be happy to send you a free information package, which will bring you up to date on the latest news and views concerning the precious metals markets. Call them today at 1-877-341-2646.

Ask Goldline to explain the features, benefits and cost structure of the various gold and silver products that are available to you. 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, Krugerrands, Canadian Maple Leafs, Silver Bags or Silver Bars. However, the Price Guarantee Program is not available with these.

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.