China tells people to buy gold & silver

[bryant.coleman]

Because China does not believe in Bitcoin. They view Bitcoin as dangerous enemies could affect the country's economy. On the other hand the Chinese government wants to develop their national coins, so they advise people to buy gold and silver.

The Chinese government has no interest in developing its own crypto, as far as I know. I was surprised after reading your post. Their only interest is in strengthening the national currency, the Chinese Yuan. They are neither interested in crypto nor in bullion metals such as gold and silver.

[usorin]

I don't see any problem with that. Our family business is about gold and silver since the 90's and I think, 2012 is the year were gold and silver has its highest price. I think China promoting gold and silver works because the demand is really high that time. The sad thing is that it declined from 2013 until today. The demand for gold and silver goes down. People just want to buy smartphones and gadgets instead of jewelries.

The gadgets they have to change every 3-4 year while julerry are for ever. It is true that precious metals are not popular but in long time.terms who knows..

[Glorypaasa]

Note: See on the right side of each post (top right corner) there is "+Merits"

Some major events as seen by China.

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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.

because the Chinese government is strictly bitcoin. They think bitcoin will impact on the economy. China encourages people to buy gold and silver instead of bitcoins. they do not like bitcoin for now and then if  it will dump more they will going to buy again a lot of bitcoins .

[First77]

Gold and Silver are universal investments. Internet started globalization.

[danim1130]

They are telling them because it is the only thing they had. They are not trading bitcoins anymore. Remember they banned bitcoin in their country right so they better to increase the value of gold rather than bitcoin to keep the balance of their economy and they wealth in their country.

[conected]

They are telling them because it is the only thing they had. They are not trading bitcoins anymore. Remember they banned bitcoin in their country right so they better to increase the value of gold rather than bitcoin to keep the balance of their economy and they wealth in their country.

- I do not think they are no longer trading bitcoin because their country is the place to control a huge amount of bitcoin, they did not prevent Bitcoin, which will make many people unhappy and affect the economy of the country, the ban is just a symbol, meaning that they support other countries in fighting bitcoin but in fact, bitcoin in China is still very popular. In addition, they encourage people to buy gold and silver, perhaps that is their next plan, controlling the price of gold and silver, China is always the country that wants to dominate in different fields

[laracastvue]

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

Chinese government told/encourages its citizens to buy gold and silver in 2012.

There are different businesses that is actually running in china so its normal for them to tell people about investing in gold or silver but it was better to invest on cryotocurrency because you can always earn profit from trading.

[hajimasan]

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

Chinese government told/encourages its citizens to buy gold and silver in 2012.

This is big truth that in China , government don't want people to get into cryptourrency field much because they are thinking that it much risky thing and also they are thinking that future of cryptourrency is not better , so better to distract people attention from cryptourrency to practical assets like silver and assets .
But here in my opinion every bitcoiner in this of the China country are aware very well that what the real factor , and they should be remain careful regarding such type of the cryptocurrency distracting advertisement .
And also here in my opinion everyone here we should make unity that we should give priority of bitcoin and another cryptourrency and also we should make advertisement of cryptourrency over gold and silver like assets , otherwise if we will not do the same then surely one day big population of the world will come against the cryptocurrency use and they will prefer to use gold and silver like assets .

[kramat]

it is very common to say that China is a country with a breeding economy, so it is feared that the community will fall on losses in cryptocurrency which is still not stable about the price because it is a cryptocurrency that has a big risk

[bapetdik]

If china says that's why? I do not see that it will be very influential on every individual. Everyone has their own way to invest. If china says that I think that's a natural thing. And not to worry about it. Think of your own future. That is my opinion.

[First77]

U.S President is the leader of the free world.

[BigDig]

I would be surprised if they told people to buy bitcoins and etherium. China is interested in high gold prices from here and "marketing campaign."

[Sled]

I would be surprised if they told people to buy bitcoins and etherium. China is interested in high gold prices from here and "marketing campaign."

They are not telling people to buy bitcoins and ethereum because they banned the cryptocurrency in their country so they are just trying to advice the other terms of invesment like the gold and silver because it is a traditional type of investment and it can give you a good amount of return per year just like the other forms of investment.

[First77]

In 2012, Did China see the $500 billion tariff wars started by Donald Trump ??  

[Pinoyfan]

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.

Chinese government. I believe that bitcoin is a start, and technology. I do a new. Cause bitcoin are so many of cryptocurrency and it you can buy the right to invest it will do if you have to invest, I believe the future of cryptocurrency. I believe that this country would be successful someday, and the future type of money

[calexander55680]

They think bitcoin will impact on the economy. China encourages people to buy gold and silver instead of bitcoins. they do not like bitcoin.

[roccobull]

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.

China knows what's up, ive been buying this gold and silver dip in the US too. Precious Metals are known to always rebound and thrive as the stock market turns bearish. Just received my roll of 20 silver eagles https://bullionexchanges.com/roll-of-20-1-oz-silver-american-eagle-cull-damaged-circulated-cleaned

[Mastsetad]

Maube they just want their countrymen to invest more in tangible and physical asset that have a real value on it. They says that this asset will really give you an assurance of profitable assets. Maybe this is also their way to prevent their people to invest in cryptos that will have less assurance or just a scam. Nowadays, some tokens will jist give you a false hope, but in tge end its just a pump and dump scheme.

Yeah you are right for most people gold is more valuable than bitcoin because they don’t know anything about bitcoin and Altcoin and gold is real money. So they buy gold for their future savings. Gold is the only thing in the world that all the people want to buy no matter how much money they have and what business they are doing. Gold is the label of richness.

[JeramiParan]

China tells people to buy gold and silver because the price of those two keeps on increasing while time passing by, china investors made a good choice of investing a win win investment, some chinese people don't want to invest bitcoin because the price is unstable.

[First77]

China tells people to buy gold and silver because the price of those two keeps on increasing while time passing by, china investors made a good choice of investing a win win investment, some chinese people don't want to invest bitcoin because the price is unstable.

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