President and CEO of Goldline Featured on CNBC |
President and CEO of Goldline, Mark Albarian, was featured on CNBC's October 29,
2008 "The Economy Now" to discuss investor demand for physical gold coins. Mr.
Albarian was interviewed by CNBC's Jane Wells who reported that sales of physical
gold are hitting record levels as people seek safety in precious metals. Please click here to see the video.
You can read more about this by clicking here.
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Gold to Advance on 'Decoupling' From Commodities, GFMS Says |
Gold may rise to $1,000 an ounce on safe haven buying, the chief executive of London-based
research company GFMS, Ltd told gold seminar attendees. According to a October 22 Bloomberg
article entitled "Gold to Advance on 'Decoupling' From Commodities, GFMS Says:, the executive
explained, "In the next six to 18 months, volatility in gold markets will be very high and it
may try $1,000...." The CEO noted that Central Banks have changed their attitude towards gold.
As a result, he expects gold sales by central banks to plunge approximately 46%.
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Barron's Article Bullish on Gold |
Barron's reports in its October 22 article entitled "Shining Through the Rubble"
that some gold analysts see new record highs for gold. "The yellow metal, which breached $1,000
an ounce in March during the Bear Stearns debacle, could well return to that level and head toward $2,500
as investors scramble for safety, according to many fans..."* The manager of a Toronto precious
metals fund has targeted gold to rise to $2,000 within the next four years. Author and analyst
James Turk is far more bullish, predicting that gold may rise as high as $7,000 in the long term.
According to Barron's, "The technical signals, too, favor a rise. One key measure -- the Dow
Jones Industrial Average divided by the price of an ounce of gold -- has lately been flashing
bullish... Gold's outperformance against the blue-chip index tends to last at least 14 years."
* Precious metals should be considered a long term investment.
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Gold Austrian 1 Ducat Now Available in Limited Quantity |
Goldline has a limited quantity of the Gold Austrian 1 Ducat currently available. At
.9860 purity, the original Austrian 1 Ducat is historically one of the highest purity gold coins
to be circulated. Following the Austrian tradition of issuing commemorative coins posthumously,
this coin features the late Emperor Franz Joseph I on the obverse. The reverse depicts the arms
of Austria superimposed upon a crowned double-headed Imperial Eagle.
The Austrian 1 Ducats available through Goldline are dated 1915 and are Brilliant Uncirculated
restrikes from the Austrian Mint.
Our coins are currently priced at less than $150 each or tubes of 100 for less than $15,500.
Prices are subject to change without notice.
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Demand for Gold Inevitable |
Richard Russell's Dow Theory Letters dated October 6, 2008 noted: "Can the dollar hold up in
the face of a probable series of trillion dollar deficits? Improbable. How long will our
creditors be willing to hold and continue to take in dollars in the face of monster US deficits?
Remember, the US is the only nation on earth that can manufacture (out of thin air) the fiat
currency to pay off its debts. We won't be able to print our way out of this bear market -- our
creditors won't allow us to do it. At some point, I believe, our creditors will demand
gold instead of Federal Reserve Notes. At that point, it will be to the US's advantage
for gold to be as high-priced as possible -- What will we do? The US will cut loose the price
of gold FROM ITS CURRENT ridiculous official price of $35 an ounce and give gold to our
creditors at a price of $30,000 an ounce".
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Gold "Badly Mispriced" Per Citigroup |
Gold "Badly Mispriced", Drivers Intact - Citi, the Dow Jones
Newswires reported on October 6, 2008: "Citigroup reiterates its positive view on gold prices
going forward. Says despite new investment demand gold currently being held back by poor
sentiment toward industrial metals, firm dollar, plus dis-inflationary data points on durable
goods, manufacturing and labor. 'We see gold as badly mispriced, and see positive prospects
based on a
mix of macro and supply-demand drivers. The forces that have propelled gold for the past 5
years are firmly in place, and policy prescriptions for the credit crisis seem
powerfully and uniformly re-flationary.' Tips gold to average $950/oz in 2009,
$1,000/oz in 2010 but says should macro environment prove worse than expected,
gold could trade at 'multiples of these levels.'"
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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. Call Goldline at 1-800-827-4653 to learn how you can acquire
these coins.
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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.
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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.
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