Larry Edelson -

China to corner the world’s gold market

by Larry Edelson on October 17, 2008

In these unprecedented times in the markets I consider gold a “must-own” investment for many reasons, which I’ve mentioned several times here in my blog as well as in my other writings.

But lately, there’s another reason rising to the surface … China is soon going to make some big buys in the gold market.

Take it from me, I’ve met with central bankers, regulators, and gold traders in China and Asia. I know Beijing’s views on the yuan and gold. And all signs point to China gobbling up the precious yellow metal.

To find out why this is one of the chief reasons I am now even more bullish on gold, expecting the price of the precious yellow metal to eventually exceed $2,000 an ounce … and how you can make sure you’re set to profit with all my gold recommendations, click here.

 

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