GOLDLINE, One Of America’s Largest Precious Metals Companies, Moves Headquarters
Move Represents Significant Expansion During Booming Precious Metals Market
Santa Monica, Calif. – December 3, 2007 – Goldline International, Inc. today announced that it is has moved its corporate headquarters and offices to the prestigious Water Garden complex in Santa Monica, California. Goldline, established in 1960, is one of the nation’s largest precious metals retail companies with over 100 employees and over $100,000,000 in annual sales.
Goldline’s expansion is part of its growth initiative which follows the June 2005 sale of Goldline to a shareholder group including management and an internationally recognized private equity fund. Goldline’s move coincides with a booming precious metals market.
Mark Albarian, President & CEO of Goldline, said, “Although our move has been planned for two years, our timing couldn’t be better. This is the most exciting precious metals market I’ve seen in the past 25+ years. Gold is approaching record highs and many prominent analysts see gold above $1,000 by next year as the dollar and subprime crises deepen. We will be hiring new Account Executives in January to help us serve our clients.”



