Silver Lion
Silver And Gold: Two Dear Metals To The Chinese
China, a nation of 1.3 billion people, is the biggest consumer and producer of gold. The country has also been helping boost silver and gold prices in the world market with its overwhelming demand for gold IRAs.
The last few years have seen China on a remarkable shopping spree for gold. In fact, the World Gold Council said this year that China will increase its demand for physical gold investment by as much as 50% from the 105.5 tons recorded in 2010.
The Shanghai Gold Exchange had also reported that gold imports of the country increased by six times in the first 10 months of 2010 as a result of increased demand from Chinese investors.
It appears that the trend will remain the same this year. The first three months of 2011 has seen the Chinese demand on gold investment doubled, with 91 tons of gold imported as of March 2011. This is two times the 40 tons of gold that was brought in to China as of March 2010.
Gold is a hot commodity with jewelry makers in China one of the top buyers. It has been reported that the Chinese jewelry market bought about 143 metric tons of gold in the first three months of 2011, which is an increase of 21% compared to the first three months of the previous year.
Gold Exchange Traded Funds
The People’s Bank of China will be buying and selling more gold because of the high domestic interest in gold-related investments. Just recently, the first gold exchange traded fund was launched in China, luring record collection early this year. Gold was golden for the Lion Fund Management Corporation as it sold $483 worth of investments for its gold ETF.
The launch of the ETF is significant because Chinese investors have an additional option in cashing in on the soaring prices of gold and gold-related investments. The ETF gave investors another option aside from investing on physical gold and silver. Now imagine how much boost in demand gold ETFs will enjoy now that this has been introduced to the Chinese market. With over 1.3 billion potential investors, gold ETFs in China would certainly boost gold prices in the world market.
Silver Demand
Meanwhile, silver in ira demand is also high in the country with interest not only coming from the industrial sector but also from the government’s interest in silver as a protection against inflation.
Chinese demand for silver has pushed the prices of silver to greater levels. China bought an all-time high of 3500 tons of silver in 2010. While silver ETFs in China have yet to be launched, investors are all eager to have their hands on these investment instruments given the demand for silver.
Outlook
The future looks good for both the precious metals with China’s appetite for silver and gold for ira investments. With the ETFs in gold and silver allowing anyone from China to buy gold and silver investments, the prices of these precious metals are seen to skyrocket even further. And because silver and gold are considered hedges against inflation, more investors will be interested in buying them given the ongoing fears over debts of the US and the European Union.
Cannes Media Lions 2011 Silver Lion Winner Mindshare Turkey-Koc Group Media Pitch
|
|
ChargeIt! by Jay Gold 13-inch Charger Plates Set of 4 $8.50 Enhance the look of your table setting with these beautiful gold color polypropylene chargers…. |
|
|
Penn State University – 16-ounce Travel Mug Tumbler – Silver $14.85 This Penn State 16 oz. hot and cold insulated travel mug is designed with a splash resistant lid and nonskid base. This mug conveniently fits into all cup holders and is constructed from double walled stainless steel. The image is laser etched to ensure a completely durable product…. |
|
|
Reed & Barton Silver-plated 3-Quart Open Baker $117.00 735092084149 Features: -Open baker.-Stylish design.-Capacity: 120 oz..-Material: Silver Plated.-Handwash recommended. Color/Finish: -Silver color. Collection: -Complements the Plated Giftware collection…. |
|
|
Bambi (Two-Disc Diamond Edition Blu-ray/DVD Combo in Blu-ray Packaging) $22.50 Get the Best in High Definition for your HDTV with Blu-ray Movies!Now Bambi, Walt Disney’s beloved coming-of-age story involving Bambi, the wide-eyed fawn, his playful pal Thumper, the loveable skunk Flower and wise Friend Owl, will thrill a new generation of fans with its breathtakingly beautiful animation, soaring music and memorable characters. Plus, this special Diamond Edition includes an all… |
|
|
The Tortoise and the Hare / Hill of Fire [VHS] $12.98 … |
|
|
Hold Me Thrill Me Kiss Me [VHS] $6.50 … |
|
|
The Chronicles of Narnia – (3-Disc Set) – (The Lion, the Witch, and the Wardrobe/Prince Caspian & The Voyage of the Dawn Treader/The Silver Chair) $9.45 The Chronicles of Narnia, a seven-volume, Bible-based children’s fantasy series written in the 1950s by British theologian C.S. Lewis, draws young readers into the magical, dangerous land of Narnia and plunges them into the age-old battle of good and evil. Lewis envisioned these stories as pictures before he wrote them, so it seems only proper that the books would eventually make it to the sm… |
|
|
The Chronicles of Narnia (The Lion, the Witch, and the Wardrobe / Prince Caspian & The Voyage of the Dawn Treader / The Silver Chair) $25.73 The Chronicles of Narnia, a seven-volume, Bible-based children’s fantasy series written in the 1950s by British theologian C.S. Lewis, draws young readers into the magical, dangerous land of Narnia and plunges them into the age-old battle of good and evil. Lewis envisioned these stories as pictures before he wrote them, so it seems only proper that the books would eventually make it to the sm… |
|
|
Premium Chrome Aluminum Skin Hard Back Case Cover for Apple iPhone 4 4G 4S Silver $0.01 1.Made by high quality PC material,with Aluminum skin decoration 2.Brand New, high quality 3.Color and Design as the picture showing 4.Hard Case Cover gives you mobile phone a safe protection 5.Cut-out design allows user can access all keypad/button and slot durable 6.You don’t have to remove the iphone from the case for daily usage. 7.Compatible with : Apple iPhone 4 4G 4S Both AT&T, Verizo… |
|
|
Apple MacBook Pro MD313LL/A 13.3-Inch Laptop (NEWEST VERSION) $1,099.99 The Apple 13.3″ MacBook Pro is a powerful notebook computer with an innovative aluminum unibody design. It is loaded with advanced power management features and an integrated battery, which work together to provide up to 7 hours of wireless web browsing. You may notice an unfamiliar logo next to one of the ports on the left side of the system. This is Thunderbolt, a high-speed interface that can m… |