Contributing Analyst Wins Poll for Forecasts


Philip Klapwijk of GFMS earns honor from London Bullion Market Association (LBMA)

January 6, 2010

SANTA MONICA, CA - Goldline International, Inc., a leading gold and precious metals trading company, announced that Philip Klapwijk, GFMS Executive Chairman and an exclusive contributor to
Goldline's precious metals newsletter, was awarded top honors for the best precious metals forecasts in 2009 by the London Bullion Market Association (LBMA).

The LBMA conducts an annual survey of leading industry analysts, banks and other specialist institutions regarding their precious metals forecasts for the coming year. Mr. Klapwijk had the most accurate gold forecast for 2009, predicting that gold prices would average $970 per ounce, a scant $3 difference fromthe actual average price of $973 per ounce.

Mr. Klapwijk also had the most accurate prediction for silver, forecasting that silver prices would average $14.40 per ounce. The actual price of silver averaged $14.65 per oz. in 2009, a difference of just $0.25. Mr. Klapwijk recently stated that he believes gold will continue to post gains in 2010 amid inflation concerns and a weakening U.S. dollar.

"Philip has long been recognized as one of the foremost authorities on the gold and precious metals markets. His analyses are based upon his exceptional understanding of these markets and the factors which drive them," said Mark Albarian, President and CEO of Goldline. "I consider Philip to be the best in the business."

Mr. Klapwijk's most recent article for Goldline's newsletter, "The Decline of the Dollar?", discusses the potential demise of the U.S. dollar as the world's reserve currency and its affect on future gold prices. Complimentary copies of Goldline's newsletter featuring this front page article are available from Goldline by calling 1-800-827-4653.

Release Date: 
Wednesday, January 6, 2010