Japanese go for gold

FEATURE - Fears are growing again about the health of the Japanese financial system.

On 1 April the government begins to phase out its guarantee to reimburse all deposits in the event of bank failures - a decision which is adding to an already nervous mood.

Stocks and property have proved disastrous investments over the last decade, and the continuing recession leaves little prospect of an upturn.

That is why private investors are seeking out other options - such as gold bars.

'Dangerous state'

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