Is recognition of precious metals as wealth protection growing throughout the world?
*Bloomberg, by C Stuart Wallace, December 2, 2010:
''China's Gold Imports Soar Almost Fivefold on Inflation Concern
China's gold imports jumped almost fivefold in the first 10 months from the entire amount shipped in last year as concern about rising inflation increased its appeal as a store of value, said the Shanghai Gold Exchange.
Gold May Gain for 4th Day on Europe Debt Concerns, China Imports
Gold may rise for a fourth day in London as concern about Europe's debt crisis spurs demand for a protection of wealth and as China's bullion imports surged. Palladium climbed to a nine- year high.''
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