Post
Topic
Board Economics
Re: China tells people to buy gold & silver
by
vachellie
on 05/08/2018, 14:08:47 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

China has $2 Trillion to $5 Trillion for Gold ?? Chinese government told/encourages its citizens to buy gold and silver in 2012.


I don't see any problem from that, Chinese government only want their people to invest to something more stable than investing in here. Because they know crypto currency is more risky then investing in silver and gold.