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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.

PRECIOUS METALS:

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.”


*This information is solely a highlight of the opinion of a third-party publication and is incomplete.  Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

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