Chinese Gold Rush
Business • January 2010 • Views: 345
It’s moi, the goldbug, again. It’s not too late to convert some savings into gold and it’s little sibling, silver. There are a lot of Chinese buying gold with their savings because they have trusted and loved it for centuries. What looks expensive today will be unobtainable tomorrow. North America still gives the precious metals no respect, even though it has been in a stealth bull market for a decade. (Central) Banks hate gold. They can’t print it.