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Monday, January 3, 2011
The increasing silver price has attracted many gold investor in China
The surging gold price brings the precious metal price high. The silver price increasing pace even surpasses that of gold. The increasing silver price has attracted many gold investors. Customers say they purchase it because of its smaller risk. Also, the sum of money need to invest in silver is much smaller than that to invest in gold. In a Beijing store, the silver price has increase nearly 100 percent compared with that in July 2009. Business insiders say there are many channels for Chinese customers to invest in silver.
Silver is becoming the next cheaper alternative to Gold and it is selling very well in China
Li Qijia, Senior Analyst of Haitong Futures said "There are three kinds of silver investment in China. One is to invest in Shanghai Gold Exchange. Another one is to open an silver trade account in the Industrial and Commercial Bank of China. A third one, which is also a simple channel, is to invest in silver coin.
Silver is becoming the next cheaper alternative to Gold and it is selling very well in China
Li Qijia, Senior Analyst of Haitong Futures said "There are three kinds of silver investment in China. One is to invest in Shanghai Gold Exchange. Another one is to open an silver trade account in the Industrial and Commercial Bank of China. A third one, which is also a simple channel, is to invest in silver coin.
Don Bubar of Avalon Rare Metals on The Ellis Martin Report January 3 2011
In this exclusive interview, Ellis Martin speaks with Don Bubar of Avalon Rare Metals (NYSE-AMEX: AVL)(TSX:AVL) about the dramatic upsurge in share price for this Canadian Junior Resource company and the general excitement about the sector. Avalon's primary asset is the 100% owned, advanced development stage project, Nechalacho Rare Earth Element Deposit located in the Northwest Territories, Canada. Avalon believes that Nechalacho is one of the highest quality undeveloped REE deposits in the world, unique in its exceptional enrichment in the heavy rare earths. Avalon also owns four other rare metals and minerals project in Canada, of which three are at advanced stages of development. http://www.ellismartinreport.com http://www.raremetalblog.com http://www.avalonraremetals.com
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