
SOROS DOUBLES HIS GOLD INVESTMENTS
A report with the U.S. Securities and Exchange Commission showed late on Tuesday that billionaire investor George Soros doubled his bet on gold at the end of the year amid rising prices. In fact, he is now the fourth largest holder of the SPDR gold trust behind John Paulsen's fund, Bank of America and Black Rock advisors. In addition to that, he owns a considerable amount of stock in various gold companies. This is a clear demonstration of Soros' commitment to gold and is one of the best indicators I know that we should be getting into gold aggressively at these levels. In fact, many misinterpreted his comments late last year when he said that gold is the ultimate bubble. These analysts overlooked the fact that he said in the past that when he sees a bubble he buys. In other words, he looks for a market that is likely to post extraordinary gains and then jumps into that market so he can capitalize on the gains.
Gold is up $1.20, trading at $1,121 on the nearby futures contract. If gold closes above $1,120 it would be a positive signal and will probably prompt considerable more demand for gold. The metals are up in spite of the fact that the dollar has rebounded 32 basis points to 80.02. Equities are up also by 30 points on the Dow.
James Moore told the Dow Jones Wire Service that gold could benefit from further diversification if investors move from currencies to hard assets. With the euro and the dollar both exhibiting severe problems with debt, deficits, and banking issues the need to diversify into gold certainly is on the rise. When I see prominent investors such as David Einhorn of Greenlight Capital, John Paulsen of Paulsen and Company, George Soros and Jim Rogers all piling into gold with enormous financial commitments, that is a very very strong indicator that gold is likely to move higher. These people have made literally billions of dollars for themselves and their clients by smart moves in the markets.
In addition, the World Gold Council pointed out in a recent report that investment demand for gold is likely to be "well underpinned" during 2010 regardless of what happens to the economy. They said, "If the global economy falters, then western investors will continue to look toward gold for its diversification and portfolio insurance properties. Conversely if the economic recovery becomes more firmly entrenched then inflation concerns are likely to continue to gain prominence." Obviously, investors often buy gold as a hedge against inflation.
Given all of this information that has come out today, it would appear that gold is a bargain basement buying opportunity at these levels. If you would like to get started with gold call Goldline at 1-877-341-2646. Ask them about their Price Guarantee Program, which provides many investors comfort and confidence in getting into the market because it protects against price declines for some period of time. Ask Goldline about the details at 1-877-341-2646. This program has assisted a number of investors in getting into the market at favorable price levels. Also ask Goldline to send you the free information package, which contains a free CD and articles from major bank and brokerage company analysts. Call Goldline 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 to you. 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, 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 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 decision. Call Goldline at 1-877-341-2646 now to receive your free gold investors 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..."









