China tells people to buy gold & silver

[almersyn]

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.

Nothing to do with bitcoin. This is a Chinese government policy that shows better and better investments in bitcoin

[yusupjatigumilar]

It's not Chinese if it does not do and give an "aggressive" news, I think it's just one of China's strategies to reduce the purchase of bitcoin and cryptocurrency, indirectly it will lower the price of bitcoin and then they (China) make large-scale purchases as happened some time ago

[Barrett Edwards]

China is smart. Anyways, they seems to be doing things differently than the rest of the world and most of the times they do it right

[First77]

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.

I have previously sold over £50k in gold at a bullion dealer with no paper work.

[sepeda karat]

gold-plated and silver-shaped silver items have started to show up in China. In the Guizhou region, for example, a snake-shaped display costing 50,000 yuan or Rp80 million recently on display yesterday, has sold well

[Tungsten-1]

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.

There are many hidden agendas of government or the ruling authorities behind this. They actually don’t want anyone to have complete freedom of wealth and this is why controlling heads are busy in diverting the attention of rebellious minds from bitcoin to other modes of investment. Investing into bitcoin could be a vengeance act for government by those who are fed up of getting ruled by a bunch of idiots.

[OrangeSeller]

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

Gold and silver have been metals of great worth since ages whose value do not deteriorates. Besides, the more gold and silver you hold, the more is the percent profit every per unit as the value rises. China is also supporting Bitcoin because it is a digital gold and has even started giving salaries to their employees in the form of Bitcoin. China seems to be thinking really something else.

[squog]

Well, if the government of China wants it's people to invest on gold and silver, then the best that they could do is adcertise about it. They cannot force people to invest in precious metals. But then again, i don't see the problem in doing so. If you have the money, then it is a viable investment option for you.

[redsun114]

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.

Nothing to do with bitcoin. This is a Chinese government policy that shows better and better investments in bitcoin

This is the policy of china to attract their people towards gold and silver to stop people from crypto currency. Gold and silver has own importance it has world wide traditional culture. Gold is also a good business as its price is going good with the passage of time but it will take a lot of time to get a huge profit from gold as compare to Bitcoin. Bitcoin is a life changer and it gives good results in less time and it depends on market value and its stability.

[OrangeII]

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.

Nothing to do with bitcoin. This is a Chinese government policy that shows better and better investments in bitcoin

This is the policy of china to attract their people towards gold and silver to stop people from crypto currency. Gold and silver has own importance it has world wide traditional culture. Gold is also a good business as its price is going good with the passage of time but it will take a lot of time to get a huge profit from gold as compare to Bitcoin. Bitcoin is a life changer and it gives good results in less time and it depends on market value and its stability.

maybe you're right. even anyone knows that gold and silver is a good investment. only, most people use crypto to multiply the money they have. after that, they may plan to buy gold, or silver. well, the fact that bitcoin is easier to use to multiply money is when many people are investing in bitcoin.

[gezhid008]

Over time, these precious metals will grow over time, a long-term safe investment.

But I'm more willing to invest in bitcoin because I think it's more valuable than gold or silver.

[Bugsbey]

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.

Yes, apparently silver and gold can be invested for longer terms. An asset whose value will not go down as time goes on. But investing bitcoin will make you earn bigger than silver and gold if lucky enough to hit the mark.

[First77]

Well, if the government of China wants it's people to invest on gold and silver, then the best that they could do is adcertise about it. They cannot force people to invest in precious metals. But then again, i don't see the problem in doing so. If you have the money, then it is a viable investment option for you.

There is 20 grams Silver in an average Solar panel and Solar energy has been huge business in China since 2012. Governments have lots of informations and they can give hints to people of events to come.

I had 100 grams or 3 ounces silver coin and I tell you that is lots of silver for 2 solar panels

Video: China's largest floating solar farm

[srmecdes]

Yes, they try to beat petro-dollar system with gold and silver based yuan. They are trying to beat dollar kingdom. it is amazing. Probably future will change.

[DogmaF10]

Gold and silver has become two of economic assets for many centuries, there is nothing wrong with that. Since china now is one the biggest country in the world, their economics also has a strong effect for the world economies. It was like there nothing we can do about their policy

[jpoker272727]

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.

There are many hidden agendas of government or the ruling authorities behind this. They actually don’t want anyone to have complete freedom of wealth and this is why controlling heads are busy in diverting the attention of rebellious minds from bitcoin to other modes of investment. Investing into bitcoin could be a vengeance act for government by those who are fed up of getting ruled by a bunch of idiots.

I think that one of the main reason is that gold and silver is something that it's touchable and something you really hold comparing to the virtual crypto currencies where it can gone fast if the private key is leaked.

China as far as I know has banned the ICOs and their citizens are not allowed, I say this based on the currenct ICOs where they don't accept people from USA, Japan, China and few other countries and I think they say to buy gold because they think this is safer

[Sled]

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.

There are many hidden agendas of government or the ruling authorities behind this. They actually don’t want anyone to have complete freedom of wealth and this is why controlling heads are busy in diverting the attention of rebellious minds from bitcoin to other modes of investment. Investing into bitcoin could be a vengeance act for government by those who are fed up of getting ruled by a bunch of idiots.

I think that one of the main reason is that gold and silver is something that it's touchable and something you really hold comparing to the virtual crypto currencies where it can gone fast if the private key is leaked.

China as far as I know has banned the ICOs and their citizens are not allowed, I say this based on the currenct ICOs where they don't accept people from USA, Japan, China and few other countries and I think they say to buy gold because they think this is safer

It all depends on your preferences because even cryptocurrencies are very risky because of the possible mistakes that you can do that can ruin your career in crypto, it is still better to go for cryptocurrency compare to gold and silver because they are slow in growing so you will definitely make money with that in the long term unlike in cryptocurrency that even in just a few months you can earn million in just a few months.

[Rembedful]

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

Yeah the price of gold in my country is more than $600 per 12 grams. The highest price of 2018. If you have lot of money you will definitely buy some gold or silver because it is real money. If you want to make money in short time then bitcoin is better than gold but if you want to have real money then gold is better than bitcoin. Both have their benefits.

[jimmybush07702]

It is still better to go for digital currency contrast with gold and silver since they are moderate in developing so you will profit with that in the long haul dissimilar to in cryptographic money that even in only a couple of months you can acquire million in only a couple of months.

[harriette]

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 at this point you can completely buy gold, you can see that the price of gold in the past few months is constantly increasing. Gold is an asset that is always valued and can be exchanged and traded in every country in the world. So you can buy gold at this time to be profitable, gold prices are rising very stable and this is a favorable condition for you to consider the investment in gold.