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Gold mining stocks and precious metals stocks did not perform very well last 12 months (in comparison with current years), however that doesn't mean there isn't any value in them. One of the things that makes a site like US gold price now Bureau an actual boon to buyers in precious metals is that it makes diversifying one's holdings a lot easier to do. China desires "guarantees that its $682 billion holdings of U.S. China has talked overtly about stockpiling raw supplies, so some individuals think it’s all simply that - China making a bunch of major buys suddenly. In the Demand Trends Report released earlier, the council said Chinese shopper gold demand rose 27% annually to 579.5 tons in 2010. Demand for the higher China area-which also consists of Hong Kong and Taiwan-was up 29% at 607.1 tons. Brad Setzer takes a take a look at China’s declining exports and notes that the overall Chinese surplus is still rising, as Chinese imports fall off a cliff. Also, he does not count on the US trade deficit to fall to 2.5%-3% of GDP, as some are suggesting.
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