17.11.2011 - Will China’s housing market boom flow to silver?
It now appears that the Chinese real estate market will face an inevitable correction. Property prices in major metro areas have skyrocketed in the past decade, the result of a middle class that grew faster than available real estate, along with sky-high inflation statistics that make real estate an excellent store of value for Chinese investors. In the future, one has to wonder whether a necessary correction in Chinese real estate could trigger a larger rally for silver and gold prices. Remember, it was only recently that gold contracts were available for purchase on the Chinese future markets—even as the government had touted precious metals as an excellent asset class............................................Full Article: Source
Print