AMERICAN ADVISOR: EURO ZONE FORECAST, GOLD STANDARD

HOW MIGHT THE ONGOING EURO ZONE DEBT CRISIS AFFECT FUTURE GOLD PRICES? WHY ARE SOME EXPERTS ADVOCATING A RETURN TO A GOLD STANDARD?

Goldline International's Newest American Advisor Newsletter Discusses
Important Issues Related to the Economy and Precious Metals

SANTA MONICA, CA (February 14, 2012) - Goldline's newest issue of the American Advisor newsletter discusses how Europe's ongoing debt crisis may affect future gold prices as well as current and historical perspective on the use of a gold standard for U.S. currency.

The lead article, authored by Philip Klapwijk, Global Head of Metals Analytics for Thomson Reuters GFMS, explains why Europe's efforts to combat its debt crisis are failing to resolve core issues and could lead to a surge in gold purchases by investors seeking "safe haven" assets. Further, the euro zone crisis may spread to other industrialized nations including the United States.

The newsletter also examines the United States' economic prosperity under the gold standard and why some experts believe a return to the gold standard may offer a cure to the current economic crisis.

A third article offers a retrospective of the silver American Eagle, which recently celebrated its 25th anniversary. The article provides insight into the process of designing and producing this iconic U.S. coin from the coin's designer, John Mercanti, former Chief Engraver of the U.S. Mint.

To interview Goldline executives about these topics or the precious metals markets, please contact Frank Lentini at 212-255-8386 / lentini@sommerfield.com.

Return to the Goldline Press Center.

S&P Capital IQ - Gold: $1,900 (in 2012) "Leo Larkin, metals and mining analyst at S&P Capital IQ, thinks that $1,900 gold might not be that much of a stretch [in 2012]. 'Gold has been ..."
Citigroup - Gold: $2,300 - $2,400 (by end of 2012) "While we remain cautious on Gold in the near term...we continue to believe that the bull market remains intact...we believe that 2012 may be..."
Leeb Capital Management - Gold: $2,500 - $3,000 (in 2012) "I'll give you my target for gold at the end of 2012, it's going to be trading somewhere between $2,500 and $3,000. This..."
Global Hunter Securities - Gold: $1,800 (in 2012) "'What I am looking for is a gold price of $1,800 an ounce in 2012,' says Jeffrey Wright, senior research analyst at Global Hunter..."
US Global Investors - Gold: $3,600 (by 2017) "'People get so caught up with the next three minutes for gold and they should really be focused on the next three years,' says Frank Holmes, ..."
Goldman Sachs - Gold: over $1,900 (in 2012) "Wall Street investment bank Goldman Sachs predicts that gold's bull run will continue into 2012 with a low interest rate environment and..."
CNBC - Gold: $2,400 (no period given) "Gold will top $2,400 an ounce. The long-term bull market in gold marches on. Gold won't make a straight shot to a new inflation-adjusted high. As long..."
Nomura - Gold: $2,000 (by end of 2012) "Nomura has raised its forecast for gold prices to $2,000 an ounce by the end of 2012, from $1,800 earlier. The brokerage said the low-interest rate..."
Morgan Stanley - Gold: $2,200 (in first half of 2012) "Gold will lead a rally in commodities in 2012 as Europe's sovereign-debt crisis continues to roil financial markets, spurring demand for ..."
UBS - Gold: $2,050 average in 2012 "[Gold] remains one of the top commodity picks for 2012 as 'most of the factors that pushed gold higher in 2011 are not going away,' according to UBS..."
Bank of America Merrill Lynch - Gold: $2,150 - $2,200 (average in 2012) "From a technical perspective we believe that the bull trend for gold remains intact… with gold having not yet met any of..."
TheStreet.com - Gold: $2,500 (by May 2013) "I want to own gold here. I think gold is going to $2,500 eighteen months from now... Gold has been up for ten straight years and this going to be the..."