Released on: September 8, 2008, 12:04 am

Press Release Author: Richard Drake

Industry: Financial

Press Release Summary: Cornerstone Worldwide upbeat on precious metals as gold and
silver rebound on the dollar’s weakness.

Press Release Body: Cornerstone Worldwide are reportedly pleased with gold and
silver’s resurgence as both metals experienced renewed buying following bearish news
on the dollar. Figures showing a larger than expected producer price inflation
prompted a sell-off in the US currency. More bad news came as the ZEW Center for
European Economic Research report depicted better than expected sentiment among
German investors which added impetus to the dollar’s decline against the Euro.

An individual close to Cornerstone Worldwide suggested that the dollar’s slide
helped gold and silver which generally trade inversely to the dollar. “Eventually,
investors are going to realize that the US Federal Reserve is not going to raise
interest rates any time soon especially when the economy is in such bad shape and
when that happens, Cornerstone Worldwide will be proven correct in their assertions”
he said.

Cornerstone Worldwide are apparently convinced that there is more bad news to come
on the US economy and have been keen advocates of the virtues of precious metals as
a hedge against inflation.

Gold futures for December delivery rose $11.10, or 1.4 percent, to $816.80 an ounce
on the Comex division of the NYMEX. Earlier, the price touched $787.50 as the dollar
climbed as much as 0.4 percent.

Silver futures for December delivery gained 0.3 cent to $13.22 an ounce after
earlier dropping to $12.52. Silver has declined 11 percent this year, while gold
dropped 2.5 percent but Cornerstone Worldwide are thought to believe that the drops
are consistent with the behavior of a secular bull market.

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