..........................Acquire your 2008 Canada Olympic Gold Coin........... Call Now 1-800-827-4653....................................................Acquire your 2008 Canada Olympic Gold Coin........... Call Now 1-800-827-4653....................................................                                                                                                                                                   
Goldline International, Inc
Serving Rare Coin and Precious Metals Investors Since 1960
Free Investment Kit
  Home >  
Free Email Alerts - Receive the latest news on Precious Metals

Bottom
Career Opportunities

2010 Vancouver Winter Olympic Gold Canadian Maple Leaf

The Olympic Gold Maple Leaf marks the first bullion coin to celebrate the spirit of the Olympic Games. "Gold and silver have long symbolized the pinnacle of international athletic competition..." said Ian E. Bennett, President and CEO of the Royal Canadian Mint. The reverse of the coin features the contemporary interpretation of the traditional inukshuk, a stone sculpture used by Canada's Inuit people as directional landmarks across the northern Canadian lands of snow and ice. This symbol represents hope, friendship and an external expression of the hospitality of a nation that warmly welcomes the people of the world with open arms. The RCM's Ottawa facility will produce up to 50,000 coins in gold for the 2008 issue. Two more annual issues (2009 and 2010) will follow.

Are Money Markets Safe?

In an article entitled, Money-market funds: safer bets but not risk-free, the Associated Press reported Sept. 29, 2008: "NEW MONEY VS. OLD: The government's temporary guarantees only apply to shares held in funds at the close of business Sept. 19. It's an important date because the coverage doesn't extend to the Reserve Primary Fund, which announced it had broken the buck on Sept. 16, triggering fears that led the government to intervene. The cutoff also means money invested since Sept. 19 and future share purchases aren't guaranteed. However, because the bulk of assets in funds predates the cutoff, the government backing is expected to prevent investors from quickly pulling out cash, forcing managers to quickly sell assets at a loss and sinking a fund below a dollar-for-dollar asset level'. Peter Crane, President of Crane Data that publishes the Money Fund Intelligence newsletter, noted that the guarantees "in effect put a floor under the asset base of a fund, and stops the run".

Bloodbath on Wall Street

In an article entitled, Monday, Bloody Monday, Barron's reported, "HOW DO YOU TURN $700 billion into $1 trillion in a matter of hours.... Simple, by voting down the proposed rescue plan in a fit of either principle or pique. The $700 billion... was the size of the plan that would authorize the Treasury to purchase impaired mortgage assets. The $1 trillion was the amount that was erased from the value of the U.S. stock market. Specifically, the DJ Wilshire 5000 - - the broadest measure of the American equity market - - plunged 1,024.27, or over 8%, to 11,322.76. Since every point on the DJ Wilshire is worth $1 billion, those thousand-plus points of fright were worth over $1 trillion.... As for the desire for a safe haven, gold and Treasury securities soared in price, sending their yields plunging".

Gold Prices Could Reach $1100 - $1200

In an article entitled, Gold Can Hit $1100 - $1200, Barron's reported: "Spot gold be held back by what Gerhard Schubert, director of precious metals at Fortis bank, calls deflationary influences; 'the massive drop in stock markets also has a deflationary influence. That will help central banks keep inflation in check, but I don’t expect that to stop the price rally in gold. In the next weeks and months, I easily see gold hitting $1,100 to $1,200/oz'".

Gold Uptrend Continues

In a recent article entitled, Gold Uptrend Resumes, Targets $1200, Barron's reported, "After flirting with $900/oz level through much of Asian trading, spot gold dips... below then retains this key level, then heads north; last bid $902.80/oz. William Kwan, bullion director at Singapore's Gold Capital Management, says in daily market update that with renewed investment demand for gold's portfolio protection, or safe haven status, metal 'most probably will continue its long-term upward trending mode for the next 3 years'; mid term, or longer than 6 months, he targets $1200, over period longer than a year he has $2000/oz in sight. Gold forecast stronger today, tomorrow, Thursday".

Gold Confiscation / Glenn Beck

Mark Albarian, President and CEO of Goldline was featured as a guest on the nationally syndicated Glenn Beck Radio show where he discussed gold and gold confiscation as it relates to today's economy. With the growing uncertainty in the financial markets, stocks plummeting, and historic price gains of gold, investors and the general public are increasingly turning to gold as a safe haven asset. Please click here to listen.

Recent winner of the coveted Marconi Award for Network Syndicated Personality of the Year from the National Association of Broadcasters, Glenn Beck's radio show is the third highest rated show in America and heard on over 300 stations across the country. He is also the author of the #1 New York Times Best Seller "An Inconvenient Book" and host of the increasingly popular show, CNN Headline News.

Gold Prices Have Biggest One Day Gain Ever

The Associated Press reported that Gold posted its biggest one-day gain ever in dollar terms on Sept. 17, 2008 with news of the Federal Reserve stepping in to save AIG, just a day after Lehman Brothers filed for bankruptcy unable to find a buyer. "The psychology right now has everyone asking, 'Who's next.... If another big bank falls, we could see an implosion and that has people very worried'" said Jon Nadler, analyst with Kitco Bullion Dealers Montreal, as quoted by the Associated Press.

Gold prices were also strengthened by a weaker dollar. Per the Associated Press: "...investors reacted swiftly and began dumping stocks and socking money into gold, silver and other safe-haven commodities. Gold is especially attractive during times of crisis because the metal is known for holding its value".

Carlos Sanchez, analyst with the CPM Group in New York, reinforced this point as quoted in the Associated Press: "The same market participants who got out of gold are coming back in now. This is the start of an upward move". Sanchez predicts prices for gold could climb back to $1,000 by the end of the year per the Associated Press.

Your purchase may qualify for Goldline's Price Guarantee Program which allows purchasers to re-price their acquisition should the price of their coins drop within 14 days of purchase (see Goldline's Account and Storage Agreement for full details). Call Goldline at 1-800-827-4653 and speak with an Account Executive for more details.

* Goldline believes precious metals and rare coins should be viewed as a long term investment which should be held a minimum of 3-5 years.

Limited First Strike Sets of American Buffalo Gold Coins Now Available

The U.S. Mint recently introduced fractional versions of its popular 24-karat, pure gold (.9999 fineness) coin, the American Buffalo. This beautiful coin, nicknamed "The Buffalo," was based upon American sculptor James Earle Frasers revered Buffalo Nickel of 1913. Until recently, only one ounce versions of the Buffalo were available.

Goldline acquired proof and uncirculated sets containing the one ounce, half-ounce, quarter and tenth ounce coins which have been independently certified by Professional Coin Grading Service (PCGS) as "First Strikes", PCGS proprietary trademark that is reserved for coins packaged and delivered by the U.S. Mint within 30 days following the initial sales date. The proof and uncirculated First Strike sets are also graded to be in either MS-69 or MS-70 condition and encapsulated to preserve their mint condition and First Strike status. Fewer than 100 sets are available from Goldline for each grade. You can order your First Strike 2008 American Buffalo sets today by calling your Account Executive at 1-800-827-4653.

spacer
Today's Precious Metals Spot PricesReloading Prices...
spacer
Metal Ask $ Chg ±
Gold --- ---
Silver --- ---
Platinum --- ---
Palladium --- ---
Loading Prices...
spacer
spacer
Precious Metal Charts
Precious Metal Charts
1980 vs. Today
spacer
spacer
The American Advisor - Focusing on conservative investments for tomorrow

The American Advisor with Joe Battaglia, a daily talk show focusing on conservative investments for tomorrow. Click here to listen to The American Advisor.

spacer
spacer
Why Choose Goldline International?
spacer

Goldline's success, growth, and experience have allowed us to acquire other outstanding precious metals firms including Deak International Goldline (US) Ltd. from Thomas Cook; Gold and Silver Emporium (asset purchase); and Dreyfus Precious Metals, Inc.

spacer
Goldline International, Inc


 

© 2008 Goldline International, Inc. Home | Risk Disclosure | Account & Storage Agreement | Privacy Policy | Site Map

on on