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What effect will the growing pent-up demand in Asia do for gold in the near future?
*MarketWatch, by Matthew Lynn, February 26, 2014
”If that money heads for the exit, and the economy starts to wobble as well, then Chinese investors will switch into gold as their traditional safe haven. A wall of money will hit the precious metal. How big could that be? Enough to make a big impact on the price, that much is for sure.”
*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.