SWINE FLU AFFECTS GOLD AND OTHER COMMODITIES

Gold is down $20 today and silver is down $.54. Gold fell on a bear raid after Swine flu was discovered in Asia and the Middle East. It was revealed today that the ECB sold 823 million euros worth of gold last week. Surprisingly, gold was up while those sales were going on. It is an interesting phenomenon that the sales didn't impact the market, which rose last week. Moreover, a fresh five-year central bank gold agreement is expected to be announced soon with some changes to the existing agreement, including perhaps new members and perhaps also some change in the amount that can be sold on a yearly basis. Since there is some uncertainty as to the amount of the annual sales under the new agreement, that too has had an impact on the precious metals sector. On the other hand, China and other countries have a huge increased appetite for gold. More than likely, any gold that is sold by central banks will be sold to China and other countries in Asia and the Middle East.

One of the factors with regard to gold this morning dropping $20 is that there was some technical selling as sell stops were hit in the electronic trading market ahead of the New York open. However, looking at the totality of these markets, nothing really has changed. Gold remains within a trading range of $850 to $950 and actually is likely to hold within this range until some significant development forces a breakout.

The swine flu pandemic is affecting commodities in general, as it is anticipated to cause a further global economic slowdown. In addition, weakness in U.S. stocks and concerns that B of A and Citigroup may have failed the stress test and be forced to raise further capital; all could be creating some air of uncertainty for all markets. The dollar is firmer, up 15 basis points and oil is down $1.13 trading at $49.02 a barrel. Once again, not offering any direction.

It should be noted that the correction today started in Asia and pretty much all of the move lower occurred in that market. Some referred to the Asian correction as a "sudden bear raid". One analyst out of Hong Kong said the entire move only took three minutes. However, on a positive tone he said the market has now stabilized. Given the fact that this was a rapid correction in a very thinly traded market, I suspect it will not last for long. And, I think this is another correction within the context of a bull market. That is the information that is coming from technical analysts quoted on the wire services.

Those who agree that this is simply another buying opportunity correction should call Goldline today at 1-877-341-2646 to take advantage of this correction. A rebound could occur rapidly. Therefore, investors should act without delay if they wish to accumulate further amounts of gold or to begin a gold investing diversification. Ask Goldline about their Price Guarantee Program, which provides a two-week window of opportunity to re-price your transaction in the event of a correction. Moreover, ask them about some of the more popular gold coins including British Sovereigns, Swiss 20 Francs and other assets of a similar nature. Goldline also offers all of the bullion products including the popular Eagles and Maple Leafs. Call Goldline at 1-877-341-2646 for assistance.

You should also ask for the free information package, which contains several articles discussing the move to a new global reserve currency to replace the dollar and the articles that discuss the potential devaluation of the dollar. In addition to those articles, you will find quotes from major banks and brokers forecasting their opinions on gold prices for the remainder of this year and going into next year. All of this information will be helpful in assisting you to identify an investing opportunity in the precious metals sector. Call Goldline at 1-877-341-2646 to receive the free information package.

Investors should contact Goldline and ask them to explain the features, benefits and cost structure of the various gold and silver investments 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, 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, including articles on the dollar, the economy and gold, call Goldline at 1-877-341-2646. Goldline also provides several other helpful articles. There are a number of other independent third-party source articles that you will find extremely helpful and informative. 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 investment. Call Goldline at 1-877-341-2646 now to receive your free information package.