
METALS HAVE STRONG WEEK
Gold is finishing out a positive week on a positive tone with a gain of $3.70 in early trading. Silver is doing likewise, up $.17. This is in spite of the fact that the dollar is higher, up 11 basis points. Oil is also up $1.35 a barrel. The Dow likewise moving higher, up 70 points. In fact, all assets on my screen are in positive territory with the exception of platinum, which is down $4.10. Initially, gold gave up its early gains as a result of the latest job loss numbers. The economy lost 39,000 jobs, which was less than had been expected. The unemployment rate remained at 9.7%. The fact that gold recovered so quickly and moved back into positive territory is indicative of excellent demand and bargain buying on the dips. Both of which are positive occurrences.
Overall gold and silver have experienced an excellent week, gaining $18 on the gold market, breaking through overhead resistance at $1,131.50 and then confirming that that is now a new support level. Technical analysts say that the upside looks to a test of $1,150 and from there $1,200 is in view. Thus far, gold is performing consistent with the forecasts of some of the major banks and brokerage firm analysts. It is also validating the decision by smart investors like Soros, Paulsen, Einhorn and others to accumulate gold in very large quantities in anticipation of a significant move to the upside.
Those who would follow the lead of these enormously successful money managers would likely see their own assets enjoy a much better performance. Most people have lost a tremendous amount of wealth in mutual funds and equities over the past decade. At the same time, those who have been diversified into precious metal assets have been doing very well as those assets have risen over 300% and over 400% respectively. Moreover, it's not too late to get into this market. Investors like Soros and Paulsen have recently accumulated gold and with many other investment managers diversifying into gold, the prospects for the future look quite good. In fact, as Jim Rogers has often said, bull markets in precious metals often last 15 to 20 years or longer. This bull market has been underway 10 years. It has a long way to go on the upside. The Adens and others likewise confirm a similar view.
To learn more about the views of some of these major analysts call Goldline at 1-877-341-2646 for the free information package. They will give you quotes and articles that will help you to understand these markets and show you the way to purchase precious metal assets. In addition, you should ask Goldline to assist you in getting started with your own precious metal asset needs. Ask Goldline about their Price Guarantee Program and any special offers that may exist. Call Goldline at 1-877-341-2646 for your free information.
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 decision. Call Goldline at 1-877-341-2646 now to receive your free gold 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..."









