By Myra P. Saefong, MarketWatch
“We are entering a period of strong seasonal growth in gold demand and Chinese New Year is a big part of that,” said Brien Lundin, editor of Gold Newsletter. “Physical demand has been supporting the gold prices on the downside even during the typical slack periods, and I expect that upcoming increase in demand will also support the price, but at higher levels.” LINK...
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Could the Chinese Yuan replace the USD as the world's reserve currency? It is no secret that high level negotiations are happening between China and other global powers, the question is; how will it affect our currency and the value of our retirement dollars? Below is a link to one of our previous posts on the China agenda. Owning Gold & Silver will be the best strategy in the years ahead. BK
CHINA, the Next Global Super Power?
