You may consider gold investments as a good business when alternatives for safe investments are limited. Chinese learned that gold investments bring a good profit, by follow such investments soared by 70% in China. The local gold producers can't face the soaring demands because of the huge amounts of gold bought by Chinese.
Gold investments doubled in China at the end of 2010, after 48 billion yuans were invested in gold. Chinese governmental policies aiming to conquer the markets along with the increasing inflation led to a high demand of gold in China. The trend is to buy more and more gold in China. The Chinese buy gold bars, gold Buddhas or gold Mao busts.
While the currencies fluctuate so much and real estate market has almost collapsed, buying gold is the best strategy for safe investment. This strategy led to a shift in China's attempt to consolidate its reserves. It gave up dollars to gold. The result was China becoming an important actor on the gold market. Gold imports into China have also increased considerably.
When economic stability is weak you may consider gold as a long-term investment. This statement is supported by the soaring price of gold in the last seven years. China noticed this trend, but also the fact that there were no fluctuations, long stagnation periods or abrupt decreases in gold.
If you prefer a higher profit rate you might consider investing in gold. The risks are minimal and the profit is guaranteed. In times of recession the US dollar decreases and gold becomes more expensive. This will offer you a good protection against inflation. Given the more than 300% rise of gold price in the last seven years there was only room for profit in case of gold owners.
Buying international currencies is no longer of interest for Beijing government. It now focuses more on opening new mining exploitations. Although the gold production of the biggest gold mine in China is 30 tons annually, China still can't face the demand.
Gold investments consolidated China's position at global level. The country came out almost unharmed from a crisis that affected even the most powerful economies. China's impact at international level is obvious. The country increased its economic and political power in a context which was dramatic for other countries. The huge investments in different sectors and in various regions in the world prove China's power.
Gold investments doubled in China at the end of 2010, after 48 billion yuans were invested in gold. Chinese governmental policies aiming to conquer the markets along with the increasing inflation led to a high demand of gold in China. The trend is to buy more and more gold in China. The Chinese buy gold bars, gold Buddhas or gold Mao busts.
While the currencies fluctuate so much and real estate market has almost collapsed, buying gold is the best strategy for safe investment. This strategy led to a shift in China's attempt to consolidate its reserves. It gave up dollars to gold. The result was China becoming an important actor on the gold market. Gold imports into China have also increased considerably.
When economic stability is weak you may consider gold as a long-term investment. This statement is supported by the soaring price of gold in the last seven years. China noticed this trend, but also the fact that there were no fluctuations, long stagnation periods or abrupt decreases in gold.
If you prefer a higher profit rate you might consider investing in gold. The risks are minimal and the profit is guaranteed. In times of recession the US dollar decreases and gold becomes more expensive. This will offer you a good protection against inflation. Given the more than 300% rise of gold price in the last seven years there was only room for profit in case of gold owners.
Buying international currencies is no longer of interest for Beijing government. It now focuses more on opening new mining exploitations. Although the gold production of the biggest gold mine in China is 30 tons annually, China still can't face the demand.
Gold investments consolidated China's position at global level. The country came out almost unharmed from a crisis that affected even the most powerful economies. China's impact at international level is obvious. The country increased its economic and political power in a context which was dramatic for other countries. The huge investments in different sectors and in various regions in the world prove China's power.
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