PRECIOUS METALS EXTEND GAINS

Precious metals are extending their gains this morning, with gold up $2 and silver up $.13. The rally in metals continues to be a result of a weaker dollar, down 12 basis points. The equity market is also lower, with the Dow down 45 points and oil trading near unchanged, down $.17.

One analyst told the Dow Jones Wire Service, "The U.S. dollar softened overnight, which goes hand in hand with higher risk appetite, and that enabled gold to add to Monday's gains." Dow Jones Technical Analyst Francis Bray said, "Bulls are focusing on the 38.2% retracement level at $1,133.40/oz although room exists for further gains towards $1,136.06/oz and the December 17 lower high at $1,142.90/oz. However, longer term bulls will have their sites fixed on the $1,150/oz area."

Clearly, analysts, whether they are looking at the markets from a technical point of view or fundamental point of view, believe that gold has potential to the upside. We see a number of analysts who are focusing on $1,250 to $1,350 or even $1,400 before the end of the second quarter of this year. Consequently, the upside potential looks excellent with the downside risk appearing to be rather modest from these levels.

Those who would like to enter this market at these bargain-basement prices may wish to consider utilizing Goldline's Price Guarantee Program, which provides a two-week window of opportunity to re-price your order in the event of a correction. Many have used this program quite successfully. Call Goldline today at 1-877-341-2646 to learn more about the PGP program. Be sure you ask for the free information package as well. Call Goldline at 1-877-341-2646 for the free information package and a free copy of the American Advisor Newsletter, which has a $25 value. You will also receive articles from major banks and brokerage firms providing their views for the markets over the coming year. You will find that BofA/Merrill Lynch is forecasting oil at $100 a barrel. That would certainly add to inflationary pressures and provide further support for the metals market. To receive the free information package, call Goldline 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, 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, 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.

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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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