Colorado Goldfields Inc. (fka CGFI)

[bobhwang]

Profiting From the Chinese Gold Rush
Jim Trippon

China’s first gold rush is underway. I mentioned in my article how big the coming stampede is.

If you haven’t already read about it then read these bullet points. Changes in China will make 2010 a golden year for investing in gold:

1. China is actively promoting consumer investment in gold

2. China will let many more banks import and export gold for consumption

3. China will also open gold trading to foreign companies in China

4. China is going shopping globally for "large scale" new gold sources

5. Beijing is helping to create new consumer products to boost demand

6. China is stockpiling more gold in its reserves

There are plenty of good reasons why Beijing believes that now is the time for China to go for the gold.