China tells people to buy gold & silver

[loews]

Since that is where the substitute for bitcoin will certainly come in the future, altcoins are without a doubt a hazard for bitcoin. Altcoins are having a growing number of far better requirements as functions and also if individuals truly discover an altcoin that is actually much better compared to bitcoin after that it will certainly be simply easy as can be for that altcoin to change bitcoin.

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[LeaderAMB]

China has a lot of business running over their country and its normal for them to introduce different types of advertisements, gold and silver are profitable but it was really hard to convert it to fiat so i still prefer investing on cryptocurrency.

Evidently, not only in china but also many other countries encourage people to buy gold, silver.Because as I know most of socialistic countries both consider gold as an important jewelry also a significant unit in society. Furthermore, gold is extremely stable than crypto, people can sell with high price in most time. But as I know that most of people who buy gold and silver now are one who completely don’t know anything about crypto. It’s just like some know crypto will buy bitcoin more than gold, and opposite that some who don’t understand about crypto will buy gold more.

[nodulelibyane7]

Yeah! that’s perfectly okay as there is no problem in buying gold and silver.

[btcdevil]

China has a lot of business running over their country and its normal for them to introduce different types of advertisements, gold and silver are profitable but it was really hard to convert it to fiat so i still prefer investing on cryptocurrency.

Which country are you living that it is hard to convert gold/silver to fiat because gold/silver is the best option to liquidate it fast then crypto because their are only 10% of the whole know about crypto but 100% of them know about gold/silver and even in midnight you can sell or pledge gold/silver to your friends or neighbors and liquidate it to fiat in emergency.

[Et Hereum]

It is also good to buy gold and silver but now china has announced that Chinese should invest in bitcoin which is good for bitcoin and other crypto investors. Now they can also buy bitcoin and the rest. Now they are free in their investment choice.

[nodulelibyane7]

Yeah! that’s perfectly okay as there is no problem in buying gold and silver.

[Fear]

I think that China will implode with massive domstic riots if exports subsntially decline. Thats high stakes poker, believe you in that, or not. Trump hold winning hands right now

[First77]

Yeah! that’s perfectly okay as there is no problem in buying gold and silver.

Apple Inc. worth $500,000,000,000 on stock markets. Iphones made by apple inc. does not look will be able to sell against sophisticated smartphones made by Samsung, Nokia and Google.

Facebook is making news for data leak. Looks like google is tracking and misusing users information for google adsense.

-30% fall in stock markets could bring $5,000,000,000,000 to Gold and Silver.

[First77]

Yeah! that’s perfectly okay as there is no problem in buying gold and silver.

Fake news/email alert I got from Bullionbypost:

Gold price jumps up as Iran and Israel clash

Overnight rocket attacks and airstrikes between Iran and Israel have caused gold prices to race up almost £10 an ounce, reaching a six month high of £979.15.

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Today gold price is down -0.25%

[Dr.Osh]

I think that China will implode with massive domstic riots if exports subsntially decline. Thats high stakes poker, believe you in that, or not. Trump hold winning hands right now

well, saying it is so easy, even we know long ago that gold and silver are really excellent investment tools. but, we do not have the money to buy it, we do not even know how to produce it. well, so bitcoin becomes an alternative. so many ways to get bitcoin for free, and that's pretty easy compare to looking for gold, and silver.

[zhanghoqi5]

No asset today inspires love and fear more than bitcoin.

Bitcoin is just a high-tech variant of gold; The struggle for money is also a battle of faith, and the historical cycle of silver has not ended.

[Domanity]

In China State from the First Infestation Gold and silver have indeed become the main Priority. but since the presence of Bitcoin and Cryptocurrency many Chinese have turned to Bitcoin Infestations. perhaps China does not want its people to go too deeply in this world, as evidenced by its enforcement of the rule that China has banned Bitcoin, and the Government has again reproached its fears to turn gold and silver back into the main Investment.

[First77]

The solar industry uses estimated 52,400,000 ounces of Silver

The average solar panel actually uses about two-thirds of an ounce of silver, which is about 20 grams. That might not sound like a lot, but at around $20 an ounce it contributes more to the cost of solar than it does to the other industrial products that use silver. For example, a laptop only contains 750 milligrams to 1.25 grams of silver while a cell phone contains just 200-300 milligrams of silver, so silver is a tiny fraction of the cost of those devices.

https://www.usatoday.com/story

Those miles and miles of solar farms in mountains of China. See my twitter page   

[Fear]

For sure isn't any problems with  that, they could advice to people to do anything they want, but they must to dont let to limit that any way .

[First77]

well, saying it is so easy, even we know long ago that gold and silver are really excellent investment tools. but, we do not have the money to buy it, we do not even know how to produce it. well, so bitcoin becomes an alternative. so many ways to get bitcoin for free, and that's pretty easy compare to looking for gold, and silver.

There is $10 to $90 worth of Gold in each computer/laptop processor. Central Banks buy Gold. I think the circuits of computer/laptops motherboards are lined with silver.

Blockchain technology is run by Gold and Silver

[Friskaadew]

Maybe they think realistically by investing in gold or silver. Anyone who does not really know the value of bitcoin and doubt it would prefer gold and silver. As for those of us who already understand will choose bitcoin because the value and the price is higher.

[Odebode5]

It is also a very good decision and nice investment as well because it is a good source of making money too.

[yoseph]

It’s no surprise that the Chinese are heavily involved in the illegal mining of gold and other precious metals in almost every corner of the globe. But there is rather wisdom because these two precious metals are very stable and very good when there is a global financial crisis.

[Lubang Bawah]

Everyone knows that gold and silver are two types of traditional investments that have been used since thousands of years ago, I think this is not wrong because gold and silver can be accepted until whenever and wherever.

[olumyd]

The world is changing and while gold and silver have been around for ages, there's bound to be a paradigm shift with the industrial revolution and a change in the scale of advance tech.