GOLDLINE INTERNATIONAL SEES INCREASED DEMAND IN GOLD FOLLOWING RECORD HIGHS
Continued Interest in Gold and Precious Metals Expected
October 7, 2009
Los Angeles, CA - Goldline International, Inc., a leading gold and precious
metals trading company, is experiencing increased demand in gold products as a result of
record-setting gold prices.
Interest in gold has increased as investors grow concerned with a weakening U.S. dollar and
the prospect of inflation. In addition, the British newspaper The Independent reported that
certain Gulf states met with Russia, China, Japan, and France to discuss replacing the dollar
with a basket of currencies, including gold, to trade crude oil. With concerns about the dollar
and inflation, the price of gold has hit new highs.
"As the price of gold continues to rise, we are experiencing a considerably higher interest in
and demand for gold products," stated Scott Carter, executive vice president of Goldline. "We are
pleased to provide a wide variety of physical gold and outstanding client support to individuals
who want to buy gold and precious metals."
Gold is often described as a safe-haven investment as well as a potential hedge against
inflation. As the price of gold continues to rise, Goldline anticipates continued strong interest
in physical gold investments.
Return to the Goldline Press Center.
