Notes:

We are holding positions in Gold now, but expect a blow off in the speculation and a buying opportunity below $850--John-01/30/09

We have sold our GLD positions, at $97, it may go higher, but I urge caution entering this trade now. 2/24/09

Gold is acting counter to the market, gold sold off today as investors are selling to meet margin calls. Gold may rally if the market falls further, but could fall hard if we get an equities rally. John 3/2/09

Gold's rise has been interupted by the rise in the stock market. The dollar fell, but has now stabalized. Buy gold on dips, I am getting ready to buy more GLD in my trading account. 3/24/09

Buy, Buy, Buy 4/8/09

Keep buying under $900 4/30

Slow down, we may get a pullback if the market bears suck down the equities. Traders will sell GLD to raise money. BUT, the FOMC actions have absolutely locked in inflation. Protect yourself with gold, silver, and other commodities. 5/21/09

Hiccup. Gold and Silver are soft because of dollar strength. Buy gold under $900

9/15 Gold over a $1000, Silver over $17.....wait, don't get caught in the fever.  Sell into this rally, or wait to establish your position under $960 or $14  We should get a pullback if the equity market dips, or the dollar moves higher.

11/16  A bubble seems to be building, how big I don't know.  If you chose to enter now, keep a tight stop.  Be a man about it, you could take a hit, just keep it small.  We grabbed 11.5% in the AGQ (Ultra Silver ETF) and walked away happy.  I look for gold to see 1020 again, within the next 60 days.

1/15/10 Gold has appears to have support in the 1020 area.  We are buyers on dips.  Buy GLD below 106.00!

  GOLD TODAY

Do you own gold and silver yet? What are waiting on?

YOUR FAMILIES SAFETY MAY DEPEND ON IT!

What are you waiting on? The price of gold kissed $1000 an ounce in the last few months. At the time you probably thought “There it goes, and I missed it”. The price dipped to under $800, and you still didn't buy.  Now it hovers around $900. Again, what are you waiting on?

The government has spent $85 billion to rescue AIG, $100 billion each for Fannie Mae and Freddy Mac. This is just the start money; it has been estimated to grow to over a trillion for these two! Now another $700 billion bailout of the big banks! And you still haven’t bought gold! You are not convinced yet that the dollar is under stress? Doesn’t this sound inflationary?

The FED has is buying Treasuries with money they print, OH!BAMA! wants to spend upwards of one trillion to 'bailout' the economy.  Where is this money coming from?  Remember when a budget deficit of $100 billion was scary?  Now our monthly deficit is more than that. 

In times of economic stress throughout history people have returned to gold as a store of wealth.    The dollar is under stress, inflation is currently estimated at over 5% by knowledgeable economists.    This is the ’70’s all over again.    Do you remember?    I can tell you a man in my hometown bought a bank with the money he made in the gold market! 

The only weight holding gold down now is that the rest of the world currencies are also being inflated by their own problems. If not for the fact that our sub prime contagion was spreading around the world, I don’t think gold would have ever stopped going up the last time it hit $1000.

DON’T BE MISLEAD

“There is plenty of gold”, I know you have heard that. What you may not have heard is there are shortages of gold coins developing in our country! Coin dealers are running out! The U.S. Mint has ‘temporarily’ curtailed sales of newly minted gold and silver coins! Demand has quietly increased beyond the Mint’s ability to produce them.   This is the U.S. MINT!

Are you starting to think “Maybe I need to buy some gold”?   Right now, gold is building a base of support, getting ready to continue the bull market they have been in for the last 3 years. The train is loading for a long trip up the hill, will you be on it? 

At Galtstock we are in gold for the continuation of the bull market. How high will it go; $1500, $2000, $3000? I don’t know how much gain we will make on gold but I look forward to bragging about it!  I like silver even more than gold, it will move higher on a percentage basis than gold.

A personal note, I encourage you to buy a few gold and silver coins.  I have done this for my family, not as an investment, but for security.  If the worst case scenerio develops, you will be glad you did. 

Join us now; we’ll work the gold market for gains along with our other great recommendations. I love gold stocks. When their commodity goes up 10%, their bottom line jumps 20%! We get leverage on the price of the commodity by owning their stock! Their mining costs have gone up, but oil is crashing which will lower their costs. I am convinced the gold bull is getting ready to snort and paw the ground. You should get on for the ride!

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