Showing posts with label gold101. Show all posts
Showing posts with label gold101. Show all posts

Monday, February 15, 2010

Report: Chinese officials urged to dump Treasury notes

Thursday, February 11, 2010
Chinese military officials are suggesting a sell-off of U.S. Treasuries in response to arms sales to Taiwan.
- By John March
Those who follow world news may have one more reason to consult with silver and gold dealers this week amid indications that some Chinese officials are trying to convince their government to sell off some U.S. bonds to punish Washington for recent arms sales to Taiwan.

According to a recent Reuters report, top Chinese military officials are suggesting an increase in the country's defense spending, an adjustment of deployments of the People's Liberation Army, and the sale of some U.S. bonds in response to the arms sales.

The wire service added that there have been no steps so far by China to drop U.S. Treasury bonds, in part because this could also damage the value of Beijing's own financial assets. Reuters also pointed out that China held $798.9 billion in U.S. Treasury notes at the end of October.

China has viewed Taiwan as a renegade province for decades and has long bristled at perceived steps by the international community, particularly the United States, to treat it as an independent nation and to boost its capabilities to defend itself against an attack from Beijing.

The news reflects a growing awareness around the world about the vulnerabilities the U.S. and other countries may have in regard to their own growing debts. If such problems become more pronounced in the coming years, gold and silver will be possible safe havens for investors wary of stock markets and other options.


John March is the Chief Technical Officer for the Superior Gold Group, his financial insights on precious metals are sought after by Gold & Silver Dealers globally.

If you have any questions about how to buy gold coins, and want to learn how to grow your portfolio call 888.374.4032 or write to askjohn@gold101.com.

Tuesday, February 2, 2010

Shaky global economy an opportunity to invest in dealer gold

Wednesday, January 27, 2010
The economic recovery may not be working out as well as some had hoped.
- By John March
Despite the widespread perception that the worldwide recession is over, there are still a number of factors that could result in unpredictable economic conditions in the coming months, from concerns about inflation and the strength of the dollar to the threat of a double-dip recession.

In fact, economists attending the World Economic Forum annual meeting this month expressed concern that policymakers around the world are so focused on certain issues in the financial world that they are overlooking other crucial matters.

An announcement from the forum cited various economists warning that high-profile issues like executive compensation are getting extra attention while other matters, such as risk management and transparency, may not get sufficient action.

Economist Nouriel Roubini was quoted as citing the risk of a double-dip recession because of weak labor markets and poor credit conditions. He also suggested that emerging economies could do better in the short term than advanced ones, while warning that emerging economies could reduce their growth potential by adopting the same regulatory measures as developed nations.

With little certainty about what is next for the global economy, investors can consider traditional options like gold and silver in light of such concerns.


News brought to you by Superior Gold Group – expert gold dealers offering precious metals products. Become part of the gold affiliate program today!
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.

China is just one country being closely watched by investors these days.

- By John March
Investors and financial experts around the world have reacted with concern to reports that China is scaling back its lending activity with an eye on preventing its economy from being undermined by too much credit activity.

While the U.S. has decided to keep its own interest rates low for the time being, few expect this to remain the case for long. And in the case of China, its own recent announcement has already created some economic effects.

For example, a recent Reuters report noted that stocks in Shanghai have lost 9 percent since the January 12 announcement, and there is concern among companies that the news could lead to cancellations of Chinese imports and inflation.

China is an increasingly important player in the global economy, with Reuters also noting that the country's economy is expected to grow at a 10 percent rate this year, which is five times higher than the prediction for all advanced economies combined.

With other countries, such as Greece, also causing alarm among investors because of looming debt problems, gold investments remain an attractive option in light of uncertain economic prospects.


News brought to you by Superior Gold Group – expert gold dealers offering precious metals products. Become part of the gold affiliate program today!
Contact The Superior Gold Group and learn how to get on the gold standard at www.gold101.com or Call (888) 374-4032.