Goldline's Price Guarantee Program Protects Investors
by Joe Battaglia
Posted: April 18, 2008
Gold and silver
have fallen heavily in reaction to a surging dollar. The dollar rose on rumors that the Fed will not cut rats this
month and because a strong performance by Google pushed money out of
commodities into stocks. The dollar is
up 55 basis points at 72.23. It also
had an impact on oil, which fell $136 to $113.50. Gold and silver both exhibiting dramatic corrections as seem to
be typical of bull markets. Gold is
trading down $31 and silver is down $.70.
Those who have taken advantage of Goldline's unique Price Guarantee
Program within the last two weeks have not been harmed by this correction. This program allows you to re-price your
order to the lower level and obtain more gold or silver for your money. Therefore, those who are still within their
window of opportunity may wish to consider re-pricing today. If you have more time left on your PGP
program, you may wish to watch the market and see if it settles or rebounds
before re-pricing.
Analysts told the
Dow Jones Wire Service the correction in the precious metals and the dollar is
largely profit taking. We might also
note trading seems to be thin with few trades crossing the board. Anytime you get a lightly traded market, you
have the potential for exaggerated moves.
That seems to be what we are seeing today. Therefore, if you've been looking to acquire precious metals or
you wish to add to your holdings, today is probably an outstanding day to do
so. While gold may be vulnerable to
further correction it should find solid support around the $900 level. Below that, $880 should provide excellent
support. Remember the bull market and
rising trend remain intact.
The factors that
have been driving the gold price, namely the currency crisis and financial
market crisis are still with us. They
are likely to continue for some time.
In fact, the majority of the mortgage resets have yet to occur. They will begin in earnest in May and June
and the foreclosures should follow soon on the heals of those mortgage
resets. As a consequence we will see
continuing bank write downs of these credit derivatives and mortgage
bonds. That will further weaken the dollar,
as the Fed will be forced to lower interest rates to help support the
banks. A weaker dollar will be bullish
for the gold and silver markets.
It would appear
that the European problems are starting to increase. If they do, the European Central Bank will have to abandon its
inflation fighting zeal and further increase their money supply and lower their
rates. That again, will be bullish for
gold.
Investors should
call Goldline today to get started.
Take advantage of this correction and make it work to your
advantage. Ask them to explain the
features, benefits and cost structure of the various gold and silver
investments 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
Krugerrands, Canadian Maple Leafs, American Eagles, Silver Bags and Silver
Bars. Goldline's Price Guarantee
Program is not available on bullion assets but is available on assets that have
some collectible value such as Swiss 20 Francs. Acquire 29 Swiss 20 Francs and
the 30th is free. Invest
$6,000 in qualified assets and receive free shipping. There are excellent opportunities here for investors to get
started today. Call Goldline at
1-877-341-2646.
To receive the free information
package, including excellent new articles on the markets and on precious metals
call Goldline. You will also receive
the company brochure, the third party independent source articles and quotes
and a Coin Facts Risk Disclosure Booklet, which you should read carefully
before making an investment. Call
Goldline at 1-877-341-2646.
You should carefully read the client Account Agreement and the Risk Disclosure information.
These explain important things you need to know before you invest in precious metals, such as:
past performance does not guarantee future results. Transaction costs are generally 5% to 10% on
bullion and 30% to 35% on coins. This is also referred to as the spread, or the difference
between the buy price and the sell price. The market must go up enough to overcome this spread
before an actual profit is achieved. All markets go up and down. Coins are a long-term, three- to
five-year, preferably five- to ten-year investment, suitable for 5% to 10% of the average
portfolio. Please see Goldline's Risk and Disclosure Statement for further details.
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