China tells people to buy gold & silver

[First77]

2009 has something to do with the events to come.....

Stock markets were crashing in 2009 (DOW 6500), Bitcoin was launched, China telling its citizens to buy gold and silver, Obama's wars...., North Korea, Iran

[1713296232]

1713296232

[1713296232]

1713296232

[ohlawdy]

While i don't think it is a bad investment i don't think the government should promote it , you never know what their hidden agenda is.

[bambazamba]

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.

What else is expected of this government after banning crypto currency in their country . They will obviously attract people's mind towards investing in something other than the ICOs and when people will be tempted and will be investing in gold and silver they will be simply putting some bars a, regulations and taxation in keeping it . Government officials don't leave a  chance to get profits.

[Nahl]

gold and silver already exist long time ago as investment tools and the value also can increase year by year so it's normal if china government encourages their citizen to buy gold or silvers as the future asset however even though china told such as that but i think people at there still consider digital money would be good as the future assets too

[First77]

What else is expected of this government after banning crypto currency in their country . They will obviously attract people's mind towards investing in something other than the ICOs and when people will be tempted and will be investing in gold and silver they will be simply putting some bars a, regulations and taxation in keeping it . Government officials don't leave a  chance to get profits.

Be on the safe side. Bitcoin is getting banned worldwide.

[Febriana98]

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.

the various ways they do to hypnotize the crowd through advertisements and uncertain profits
and to be honest I used to be a golden player and in gold and the Diamond have very little profit
I prefer cryptocurrency as an investment especially Bitcoin.

[tambok]

What else is expected of this government after banning crypto currency in their country . They will obviously attract people's mind towards investing in something other than the ICOs and when people will be tempted and will be investing in gold and silver they will be simply putting some bars a, regulations and taxation in keeping it . Government officials don't leave a  chance to get profits.

Be on the safe side. Bitcoin is getting banned worldwide.

Still don't care about it, I still believe that bitcoin will really be the number one around the world, time will come that China will gonna change their mind and they will remove ban of cryptocurrency and will consider studying it and will eventually adapt it in the future.

[krauzzer02]

That's a long-term investment probably one of the safest ways to put your expenditure to those precious metals as it grows as time passes by, there's no problem with that it is just a promotion not mandatory to buy and own those metals, the article was published last 2009 that was freaking 9 years ago, that year was the time bitcoin came into existence where the majority of people even the government have no idea that it will come too far by price and popularity.

[First77]

That's a long-term investment probably one of the safest ways to put your expenditure to those precious metals as it grows as time passes by, there's no problem with that it is just a promotion not mandatory to buy and own those metals, the article was published last 2009 that was freaking 9 years ago, that year was the time bitcoin came into existence where the majority of people even the government have no idea that it will come too far by price and popularity.

People were too busy with Bitcoin so I posted it here in case people here want to convert their money from Bitcoin to Gold and Silver.

[Minnasan]

I think the Chinese government more advise its citizens to invest gold / silver, because the price of both goods is more stable than investing in crypto currency, and gold investment is actually better in my opinion, for those who are afraid of the risk of investing in crypto currency, because everyone knows that the price of crypto currency is very unstable .....

Imagine when your economy is not good, and you have to draw all the assets you invest, while at the time the price was bad, instead of being helped from the assets you invest you will be even worse if something like that happens .. so I think this is one of the reasons why it is more advisable to invest in gold / silver.

*(this is all just my opinion) I think investing in cryptocurrency is more interesting

[BillCoin]

Funny to see how this trade war escalated so quickly.
Trump refused to talk with China, and China is being too aggressive to the USA with the list of taxes that they were just providing on 50B$ worth of US goods, now it's getting even better when China recommends people to buy Gold and silver in order to decrease the stocks value.

Amazing how a fight between two country can affect the global economy so much.

[Heroonnone]

On my mind invest in gold or silver, it's a good solution, because such metals always have a good price. For example: if you have inflation in your country, you can invest in gold or silver and save value earn.

[BChydro]

The Chinese are the biggest importers of gold and silver but i am not sure about the government advising their citizens to invest in them, they are intelligent enough to understand what to invest and these advertisements might not influence anyone, so what is the big deal here, is it about international economics as everyone is talking about. I am not sure how much difference does it make.

[First77]

On my mind invest in gold or silver, it's a good solution, because such metals always have a good price. For example: if you have inflation in your country, you can invest in gold or silver and save value earn.

You got it right.

[wuvdoll]

i think this is not goood for cryptocurrrency because maybe the value of cryptocurency will going to down again if it happen or another fud by china? they want o decrease the value of bitcoin so they going to buy a lot of bitcoin or crypto after the pump they will going to sell it they are fcking whales they manipulated and they are fraud!!

It is funny how we pick everything now to be a FUD. I feel we are the ones paying so much attention to everything that ends up coming out from this country and even if it has nothing to do with investment in cryptocurrency; we just want to raise FUD unnecessary from nowhere or from any new that comes from China.

Moreover, this has been said since 2012, so it is not like a recent stuff, so if bitcoin or the cryptocurrency market is going down, maybe we should just blame the whales and those who are panic-selling. Other than them, I am not considering China's impact as a big one anymore. Bitcoin has already conquered China with respect to regulations.

[First77]

On my mind invest in gold or silver, it's a good solution, because such metals always have a good price. For example: if you have inflation in your country, you can invest in gold or silver and save value earn.

Stock markets are going down -30% after Donald Trump's big talks. So Gold and Silver should go up +20% to +200%

[B1tUnl0ck3r]

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.

they can't eat gold, and using gold as a kinetic weapon is quite limited... that's nice it will be easier for them to leave the gulag behind... the dictatorship of the appartchik of beijing who decided to support the arch ennemies of isreal... I bet you those peons and slaves have no idea in what trouble they put their little construct...

remember they never had it so good in CENTURIES, thanks to the west...

to read a better formulated opinion :

China will implode with massive domestic riots if exports substantially decline. This is high stakes poker and believe it or not, Trump holds the winning hands. Price increases bring about the inflation they have been trying to create for ten years, while China is left with millions of unemployed. Timing is everything, which is why China has been racing to build their military and form alliances with Russia. Military threat is their ONLY fall back, which is WHY Trump signed that big military budget.

Will China lower their trade barriers in hopes of only having a moderate slowing in their economy, or risk real war?

China has been working towards world domination since Mao, while American corporations profit and our people willingly accept knowing delusion with regard to our trajectory.... simply HOPING that everything works out.

Well, it WON'T, unless we actually ACT.

Our economy, like our rights to self defense will not simply survive because of some notions of liberty or freedom. Everything we have ultimately MUST be fought for. Protectionism in trade is no different than protecting ourselves with our personal firearms. To lay down our defenses is SURRENDER, not some moral victory, unless you expect your only rewards in heaven.

shlink shlink.

[Ctn]

I think, 2012 is the year were gold and silver has its highest price.

Silver fell to $9/ounce. China still waiting to buy gold and silver.

The article was also written back in 2009. I think China was maybe playing the role of a pumper, then dumped their gold and silver holdings on the market 2 to 3 years later. Look at the gold and silver charts. It tells the same story.

Come on that cant be true at all. How could you be so sure just by looking at the graphs of golds and silver and then comparing them with the crypto currency charts. I mean it means nothing at all. For us to make this comparison we will need huge data evidences about what was the situation back then when the china was dumping the gold then whether the country was facing any crisis or was there any major global issue with gold prices and much more. By no means china dumped gold and bought the crypto. Also we are talking about the country here not just single person. This is just coming out of your head with coincidental events that happened back in the time.

[B1tUnl0ck3r]

Don't forget that everyone with half brain knows what the offocials of beijing did in 1989... as if they could forget (the brainwashed lemmings are just portable organ hosts or concubines)



look at how the soldiers of PLAoC are happy to be in the blood and clothes of their so called liberated .



get used to them, those little cockroaches want to rule the world, they already killed their own free people...



remember just peaceful students who wanted to speak freely... and who sadly didn't have the second amendment to make it more hard to kill them by the thousands...

this is not china, this CCCP RULES. don't get confused, a bunch of greedy sob, born from those killed those students... ahahhaha.

[Ranly123]

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.

China is the leading investors in ICO lately but due to some restrictions they are now carefully with that. The government want them to invest in real properties that has medium and can be materialized like gold and silver. But they cannot force their people to buy it invest in it if their people really wanted to invest in crypto currency.