American Advisor To Interview Phillip Klapwijk

Goldline International's American Advisor Interviews Philip Klapwijk

London Bullion Market Association’s Top Precious Metals Forecaster for 2009 Offers Gold and Silver Forecasts for 2011

Santa Monica, CA - November 12, 2010Goldline International, Inc. announced today that Philip Klapwijk, GFMS Executive Chairman and the London Bullion Market Association's top precious metals forecaster in 2009, offered his forecasts for 2011 during his interview on the November 9th edition of Goldline's American Advisor radio show.

In the interview, Mr. Klapwijk said that the recent rise in precious metals is the result of investor concern globally over U.S. monetary policy, especially the quantitative easing program recently announced by the Federal Reserve. In his view, U.S. monetary largess is beginning to hurt the economies of other countries and Mr. Klapwijk believes there is a growing global view among investors that the Fed's monetary policy is an incorrect response to the United States' economic situation. In 2011, Mr. Klapwijk looks for gold prices potentially to rise to over $1,500 per ounce and silver prices potentially to rise to over $30 per ounce.

"We are very pleased to hear from such a well respected market commentator about the current and future prospects for precious metals," said Scott Carter, host of the American Advisor. "This information is valuable for any person interested in the global economy and U.S. monetary policy and their effect on precious metals."

The American Advisor interview with Philip Klapwijk can be heard in archived format on the Goldline website at http://www.goldline.com/goldnews-liveradioshows.

Release Date: 
Tuesday, November 16, 2010