China tells people to buy gold & silver

[parthgajjar]

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.

I think that gold is the best choice at the moment, can see the gold price is peaking in the last three months, this is the beginning of a sharp rise in gold prices. It can be seen that the war broke out in Syria has made the world once again crazy, the dispute between the United States and Russia is hot this will continue to push up gold prices.

[BitcoinMarketer39]

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 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.

[Bitcoinjheta]

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 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.

Well, thats absolutely said China has many business to offer for there people in there country which in the end they can easily to divert there people into local business which its only a way of tactics to divert people on cryptocurrency as decentralizations are the most hated by government in China today.

[First77]

I think that's just a way to take people's attention away from crypto...

Bitcoin was $10 in 2010. Look at events from 2009 to 2016.

[Findingnemo]

I think that's just a way to take people's attention away from crypto...

Bitcoin was $10 in 2010. Look at events from 2009 to 2016.

I think it depends on a country economical reason if they promote gold and silver they will in good development of their country and also they will de promote crypto from their country.

[neonshium]

Gold and silver have already shown their potential over the years. I think the government of China specifically wants to divert the attention of residents from the benefits of investing in the crypto currency.

Obviously, this is the main reason why the government is appreciating and motivating people to buy gold and silver. The china does not want their common man to invest maximum into crypto currencies because in this way, the individual will get power but government would not be taking any share in this. They are also not in complete freedom of people I guess. Silver and gold cannot meet the demands of current era.

Gold and silver are the real money in this world, while all other sources of money are not real. Chines have different mindsets which is best, because I think that if I ask somebody which one he will want to invest in, gold or digital currency? No doubt the answer will be gold. Although gold does not give such a huge profit as bitcoin but still people believe mostly in gold.

[nickmax]

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 Chinese government with the help of advertising gold and silver on the background of the fall of the crypto currency market to distract its citizens from risky investments in bitcoin and other crypto-currencies. This is a good deliberate move by the state of China to reduce the loss of money by its citizens because of ill-considered investments.

[yulionoo]

because gold and silver is pure treasure, not like bitcoin. bitcoin can die from our world, but gold and silver will live forever until the end of the world.
gold is always up, though just in a year. and China want to push the interest of people to pure treasure.
and maybe china have a lot of stock gold and silver, so they advertise it to all people

[timbereagle]

I think BTC>Silver>Gold>USD>other fiat.

BTC is limited supply with very speculative investment opportunity.

After silver comes as it is also limited supply and it is used for electronics.

[Marina17]

No one can dictate what people buy. The authorities can ban ICO, advertising of cryptocurrencies, but we live in a free world and make our own choice.

[n0ne]

This too might be a way to create a negative impact upon bitcoin. Buying gold and silver is the best, as well a risk free way of investing. With bitcoin the risk is high, and so is the profiting or the earning through the same. China one among the large scale supporter of bitcoin revealing statement to invest upon gold and other metal based investment seems a false one.

[supermam]

There's no harm in buying silver and gold because these are good lifetime investments and.its price goes higher also and so.when you invest in bitcoin you can also use some of your money to buy gold and silver.

[rainezerr]

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 for china to have different business because their country is full of factories and china is also one of the biggest contributor in the market, crypto analyst are saying that china has $30 contribution in the market.

[First77]

Now 831 billionaires in China and 535 billionaires in USA. Gold should go to $1800/ounce again.

[Fear]

As I see Government of China will really tell that kind of things for their citizens, they think that may save their economics from influence of cryptos

[markj113]

No one can dictate what people buy. The authorities can ban ICO, advertising of cryptocurrencies, but we live in a free world and make our own choice.

We don't live in a free world though, you live by the rules and systems the elite put in place or you end up in jail or dead.

[isetter]

i guess there is nothing strange with china, because we know that gold is an investment tool has been a long time ago. so the government may suggest to invest safely

You are right, governments of all nations want their people to be safe and do not want them to be disadvantaged. Gold investment is very right. The price of gold is very stable and very balanced

[Hell-raiser]

because gold and silver is pure treasure, not like bitcoin. bitcoin can die from our world, but gold and silver will live forever until the end of the world.
gold is always up, though just in a year. and China want to push the interest of people to pure treasure.
and maybe china have a lot of stock gold and silver, so they advertise it to all people

I agree that today gold and silver have a lot of value which mostly stems from their scarcity and universal recognition. But if tomorrow someone finds a way to extract gold from sea water (where there is simply insane amount of gold dissolved) and do it in an efficient and inexpensive way, gold will be cheap as dirt, like, for example, tin or mercury. So, personally, I wouldn't take guess at the future and still less at the end of the world regarding the value of gold.

[izanagi narukami]

I think BTC>Silver>Gold>USD>other fiat.
..

Well I think gold is the best investment because it's provide the most stable value for many years.
Since my fiat also weak against dollar, so it's worth to invest on USD as well.
Bitcoin still consider as new investment but the popularity is like a beast although it's still risky !

[AK47-]

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.

Government always tries to advertise those investment asset that they have control over. China has always been a controlling country be it media, internet or cryptocurrencies. Gold and Silver being the majorly government driven asset is of benefit to the government. China has always been against something decentralized or something they don't have control over. This is the expected move by the government.