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The words Exchange Controls and Protectionism will be the new dramas to be visited on a hapless world any time now. Under such controls, gold held in Zurich, Switzerland (through BullionVault) would remain physically safe, but the long reach of the authorities could impact your entire portfolio.

After all, the first you will know about any new controls on capital flows will be after they have been imposed. We believe they are not far off now (subscribers please contact us for how to get portfolio protection). Meanwhile the US monetary system is still short of capital and is under pressure to contract.

Who's next? Has the Dollar stopped falling and Gold Prices rising? This is a special article written for Gold News. For our newsletter, please visit www.GoldForecaster.com...

JULIAN PHILLIPS one half of the highly respected team at GoldForecaster.com began his career in the financial markets back in 1970, when he left the British Army after serving as an Officer in the Light Infantry in Malaya, Mauritius, and Belfast.

First he worked in Timber Management and then joined the London Stock Exchange, qualifying as a member and specializing from the beginning in currencies, gold and the Dollar Premium . On moving to South Africa, Julian was appointed a macro economist for the Electricity Supply Commission guiding currency decisions on the multi billion foreign Loan Portfolio before joining Chase Manhattan and the UK Merchant Bank, Hill Samuel, in Johannesburg.

By arrangement with: www.bullionvault.com