PRECIOUS METALS BOUNCE BACK

Gold and silver both snapped back nicely, along with the platinum and palladium. Gold is up $12 in early trading and silver is up $.30. Both are up in reaction to a softer dollar, down 14 basis points at 75.90. Oil and equities also benefiting from the weaker dollar with oil up $.63 and the Dow up 97 points. There seems to be a pretty direct inverse relationship between most asset classes and the dollar. When the dollar is weaker,it seems to be beneficial to most categories.

The Dow Jones Wire Service reported that, "some traders used gold's recent price retreat as a bargain hunting opportunity, said George Gero V.P. with RBC Capital Markets." They also reported that another trader sited short covering early Thursday morning. The dollar weakened as Australia's unemployment rate improved and signs that central banks of New Zealand and Switzerland may begin to remove monetary stimulus by mid-2010.

However, moving into the end of the year, investors should expect greater volatility and view pullbacks as buying opportunities according to the analysis of many of the most prominent market forecasters. With the sovereign credit of many countries, including Spain, Greece and Dubai being downgraded, it is reasonable to assume that problems in the credit markets and banking sector may continue. Many investors accumulate gold for the safety it provides and as an alternative currency. This represents the big picture with the rating agencies also warning the UK and the United States that if we do not get our budget deficits and debt under control within the next couple of years, we will probably see a downgrade of the credit status of the U.S. and UK. That would have serious consequences and lead to a rapid loss of reserve currency status for the dollar. It would likely usher in some new currency, perhaps SDRs or some other form of money to be used for international settlement purposes. The Chinese currency could even begin to rise in that environment. Since the prospects for our congress to get control of budget deficits seems to be nearly nil, one would assume that the dollar will continue on a massive long-term downtrend as it has been for many years, and that will support the gold market which will probably rise to much higher levels according to many of the most prominent analysts.

Those who would like to learn more about investing in gold should call Goldline at 1-877-341-2646 for the free gold and silver investing information package. You may wish to ask them about the Price Guarantee Program which provides a two-week window of opportunity to re-price your transaction in the event of a further correction. Check to see whether your transactions may qualify for this special offer. Call Goldline now for the free information at 1-877-341-2646.

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 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 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 an decision. Call Goldline at 1-877-341-2646 now to receive your free gold investor package.