..........................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....................................................
Serving Rare Coin and Precious Metals Investors Since 1960
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.
The American Advisor with Joe Battaglia, a daily talk show focusing on conservative investments for tomorrow. Click here to listen to The American Advisor.
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.