You are here
China's gold investment at risk as Beijing frees yuan
By Clara Denina
Reuters
Thursday, November 5, 2015
LONDON -- Appetite for gold in China, which accounts for one fifth of global investment demand, could fall in the long term as the country moves to free the yuan, enabling savers to gain direct access to foreign stocks or bonds.
In its latest five-year plan last month, a blueprint for China's economic and social development, Beijing committed to liberalise its capital account in the Shanghai free trade zone, as part of efforts to making the yuan more convertible. It also plans to expand its role in international trade and investment.
Freer capital flows eventually would involve freedom of movement of cash and by implication freedom of movement of gold. ...
... For the remainder of the report:
http://www.reuters.com/article/2015/11/05/gold-china-exports-idUSL8N1303...
Silver Coins and Rounds with Employee Pricing and Free Shipping
Grab your Silver Starter Kit at cost from Money Metals Exchange, the company named "Precious Metals Dealer of the Year" by industry ratings group Bullion Directory.
Simply go to MoneyMetals.com and type "GATA" in the radio box at the top of the page.
This special silver offer contains 4 ounces of silver coins and rounds in the most popular 1-ounce, half-ounce, and 10th-ounce forms. Claim yours now, because GATA readers get employee pricing and free shipping.
So go to --
-- and type "GATA" in the radio box at the top of the page.
Join GATA here:
The Silver Summit and Resource Expo 2015
Park Central Hotel, San Francisco, California
Monday-Tuesday, November 23-24, 2015
http://cambridgehouse.com/event/50/the-silver-summit-and-resource-expo-2015
Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:
https://jeffersoncompanies.com/landing/2014-av-powell
Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
