David Franklin Writes about Asia's New Gold Vaults

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By way of commentary, here is an article that is interesting to those of you who like gold. I presume you like it or you wouldn't be interested in plans for equipment. So here goes.

It turns out that Asians are investing in gold vaults. Seems there are a lot of Asians who want their gold nearby. Whereas in the past, one vaulted in London or Switzerland, it appears that a number of places in the Asiatic theater are interested in developing vaults for investors.

The sheer magnitude of this transformation is interesting. We know China is one of the top two to import yearly gold. Storing it at home in large vaults is a rather new development. Read up on this, and quiz yourself about the possible ramifications. The article is here:

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