Released on: June 11, 2008, 10:06 am

Press Release Author: Total Release

Industry: Financial

Press Release Summary: A spokesperson for Milton Hayward forecasts increasing demand
forgold in the developing world.

Press Release Body:
According to sources close to the venture capital firm, Milton Hayward; John Cannon
of Milton Hayward recently stated that although gold prices have been rising, this
does not necessarily mean that it will curb demand, especially in emerging markets
such as China.

Milton Hayward's chief analyst apparently commented that global gold demand is
increasing steadily with strong economic growth in developing countries, but that
the supply of the metal is stable - thereby creating a deficit.

A Milton Hayward spokesperson reportedly said gold prices will remain unsteady in
the short-term, but that there is plenty of room for them to rise long-term.

Gold demand has been increasing of late in China and Russia, a fact which has helped
to retain favor for gold bullion.


Web Site: http://www.miltonhayward.com

Contact Details: Total Release

(847) 385-9001

701 South Patton Circle
Arlington Heights,
IL 60005