Post
Topic
Board Economics
Re: China tells people to buy gold & silver
by
bettercrypto
on 12/07/2018, 05:19:31 UTC
Note: See on the right side of each post (top right corner) there is "+Merits"

Some major events as seen by China.

More....

It turns out that there is also “advertising” for gold and silver in China, too. The big difference here is that it is China's government which is advertising the “opportunities” in gold and silver and it is urging the Chinese people to buy gold and silver.

An article from mining web-site, Mineweb quotes a program which appears on China's largest (state-owned) television company, promoting bullion-buying in general, but stressing that silver is currently the best value for investors (no surprise to regular readers):

https://seekingalpha.com/article

Chinese government told/encourages its citizens to buy gold and silver in 2012.

Its normal because Chinese people gives importance the gold and silver. As we go on to the history, they already made a barter change in other countries in Asia (Specially in South and South East Asia) during dynasty era.
Chinese are familiar with investment and for them, luxurious metal like gold and silver are more valuable than whatever in this world.