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.

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This material has been prepared for private use. Although the information in this commentary has been obtained from sources believed to be reliable, Goldline does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice. You should review Goldline's Account and Storage Agreement along with our risk disclosure booklet, Coin Facts for Investors and Collectors to Consider ®, prior to making your purchase. Goldline's spread, which is the difference between the price we sell our products and the price we buy them back, generally ranges between 5% to 20% on our most common bullion products and 30% to 35% on all other products including our popular European francs, proof coins, silver dollars and half-dollars, and graded coins. The market must go up enough to overcome this spread before an actual profit is achieved.  Precious metals and rare coins can increase or decrease in value.
Past performance does not guarantee future results. Coins are a long-term, three- to five-year, preferably five- to ten-year investment. We believe precious metals are suitable for 5% to 20% of the average investment portfolio though others may recommend a different percentage. To receive free information package on gold and precious metals investing, call Goldline at 1-877-341-2646.
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