[SIN] China Diversifying Into Silver & Gold

September 15, 2009

This article takes an in-depth look at China's growing interest in precious metals as a way to hedge its rather large stake in U.S. government debt. If the greenback's value takes a big hit in coming years, economists believe that Chinese leaders are going to more aggressively move to diversify their country's holdings into gold and silver.

Along those lines, Hong Kong officials are actively recruiting Asian central bankers to move their bullion and silver holdings from London to Hong Kong.

You can read this interesting story from Silver Investing News here.

 

 

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