Post
Topic
Board Economics
Re: China tells people to buy gold & silver
by
Glorypaasa
on 13/07/2018, 04:39:15 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.

because the Chinese government is strictly bitcoin. They think bitcoin will impact on the economy. China encourages people to buy gold and silver instead of bitcoins. they do not like bitcoin for now and then if  it will dump more they will going to buy again a lot of bitcoins .