Monday, April 23, 2007

Why Invest in Chinese Panda Coins?

For decades, the Chinese government has minted the Panda coins and sold them primarily to foreigners. Chinese citizens either were not permitted to own, or could not afford gold and silver.

Today China's wealth is growing. Billions of inflated dollars and euros flow in daily to buy cheap manufactured goods. China has a long tradition of holding gold and silver as a store of wealth, and the new rich and middle classes will seek to do the same.

Mintages of the Panda coins are very low when compared to many highly valued US coins, yet the emerging Chinese middle class of 300 million people is as large as the entire US! As the Chinese people discover the rare and beautiful Panda coins of their own country, these rare coins will become much more scarce and valuable.

Buy what China buys.

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