With the opening of the Pan Asia Gold Exchange (PAGE) smaller, retail, investors in China now have the ability to buy Gold and Silver over the internet.
An estimated 320 million retail and 2.7 million corporate customers in China will now be able to use their local, Renminbi, to buy these precious metals.
What’s radical about this development is that Chinese investors can now, very easily, purchase these metals on-line. All with a click of the mouse.
This tidal wave of new investors could see demand for Gold and Silver sky rocket – prices with them.