RUSSIA BUYS 30 TONS OF GOLD

Gold and silver are lower this morning with gold testing $1,095 on the key futures contract, while silver has fallen to a low of $16.85 an ounce. That is in sharp contrast to levels earlier in the morning when gold firmed on the GDP revision showing the economy weaker than previously thought. Surprisingly, the dollar is also a bit soft, trading at unchanged to slightly lower, while oil is down$.47. Gold reserves in Europe rose again this past week by 1 million euros. It seems that central banks in Europe are continuously accumulating gold rather than liquidating it. The OPEC partners held oil production levels unchanged as they say that oil between $70 and $80 a barrel is the appropriate level. Oil at those levels will continue to add to inflationary pressures.

At this point, gold is trading very close to the breakout levels and most analysts are of the view that gold is likely to hold somewhere in the $1,050 to $1,080 range. With the Christmas holidays at hand and New Year directly ahead, there was probably some profit-taking and book squaring going on that is being exaggerated due to thin market conditions. Moreover, the weather conditions in New York aren't helping matters, as it is difficult for a lot of the traders to get to work. This in and of itself tends to reduce volume.

On a more positive note, there is demand for physical gold in India and East Asia as a result ofthe lower prices, said Afshin Nabavi of MKS Finance to the Dow Jones Wire Service. Dow Jones Wire Service reported, "Central Banks became net gold buyers in the second quarter this year for the first time at least since 2004, driven by strong purchases by China,India, Russia and the Philippines over the last two years, Merrill Lynch says. Notes this trend has likely continued in 3Q and 4Q, may extend beyond since developing countries on averagehold just 2.2% of their reserves in gold, compared with the 10% global average."

Those who would like to take advantage of this correction that we have seen over the past couple of weeks should call Goldline at 1-877-341-2646. Remember you can utilize Goldline's Price Guarantee Program, which provides you with a two-week window of opportunity to re-price your transaction in the event of a further correction. This provides ease of entry and comfort ofknowing that you can improve your position in the event of a correction. If you would like to receive the free information package, call Goldline at 1-877-341-2646. Be sure to read the 2010 gold and oil forecast from BofA/Merrill Lynch that is included in that package along with the new American Advisor Newsletter, which contains an excellent article written by Philip Klapwijk of GFMS. Call Goldline at 1-877-341-2646 now to receive your free information package.

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 a purchase. Call Goldline at 1-877-341-2646 now to receive your free gold investors package.