Greetings!, 5.6 % return: a hint of things to come? An annualized return of almost 24% would be very respectable. Gold gained nearly 6% in the first quarter of 2012. Of course one quarter does not make a year. Considering gold's price performance with lower physical demand from India and Asia this first quarter produced stellar returns. There can be no doubt gold investments are beginning to shine. Traders must keep looking at global monetary policies. Will the U.S. Federal Reserve as well as the European central banks ramp up the printing presses this year? For the first time in 2012 the Fed chairman alluded to that distinct possibility. What level of stimulus will be implemented by the U.S., as well as the European central banks, will be a key factor in the upcoming quarter. The caveat is the polar fundamentals currently at play. The U.S. economy for the first time in years has been improving. Gold has been trading less as a safe haven investment and more as a risk on risk off instrument. The one thing I am sure of is that the second quarter will provide many opportunities in which investors can profit in the precious metals markets. Hopefully we will be able to take advantage of those moves. As always, wishing you good trading, Executive Producer PLEASE NOTE: I am proud and pleased to introduce our new website, which went live last night. Links to some of the new areas can be found to the right of this letter. The subscribers' and members' service area has been thoroughly upgraded and will offer you a seamless and effortless way to gain information about your account. Also new is our help desk. This system allows you to ask questions and get responses and solutions quickly. Lastly we will be introducing our virtual trading room over the next month. This virtual forum will allow up to 25 subscribers at one time to gather, learn and collaborate. | 
