China encouraging citizens to buy Silver and Gold

This broadcast is dated September 2009, nothing new but something to seriously ponder over. Silver price is poise to rise dramatically. Why?

Prior year 2002, the private ownership of gold was prohibited in China but since early 2009, the Chinese government has been promoting aggressively the ownership of silver and gold to its citizens through China's Central Television, the main state-owned television company. Locals can buy silver bullion or gold bars at any Chinese bank in four different sizes

Why is the government doing this? What is their agenda?

Ponder over this -

The global annual mine production for silver stands at 860 million ounces. Population of China is 1.3 Billion. Even if half, 650 million, were to buy a minimum of one ounce every month, that is enough to cause a price increase. If the Chinese citizens are indeed beginning to buy gold and silver, then this has to be a strong indication that prices are going to rise dramatically in the relatively near future.

China is the only country in the world now that promotes gold and silver to their citizens.

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People & Blogs

Tags:

• China buying Gold
• China buying Silver

[clearasvodka]

I can confirm 100%. I have been buying silver and gold in China for a year now and have verified that indeed the government is pushing silver and gold as wise investment vehicles for the Chinese worker. The #1 reason why silver will reach a triple digit spot price is the China factor.....

[noblecoins]

@clearasvodka Are you from China? Do you happen to have any of the print ads?

[stangGTKKK187]

what's fuck up is while china is encouraging their ppl to buy silver, here in the US, all u see are commercials about CASH4GOLD...hahah

[MegaHelicobacter]

yo chinese, please buy them slower, im still collecting mine. I dont want you guys drive the price up too quick..plz..

From america

[626718]

@626718 I even went out to look to buy silver, couldn't find any. The only thing available were over-priced commemorative coins.

[626718]

hilarious, one video on the youtube, and everyone thinks CHinese gov is pushing citizens to buy silver. Maybe CCTV should push a story on how the Chinese just colonized Neptune next time, LOL, you dumb asses will believe in anything.

[626718]

@clearasvodka this is pure bullshit. I've been to China last year, and I didn't see anything of the sort. In fact, my cousin works for the construction bank of China, and I asked her for silver financial products and she tells me that there isn't any available other than gold. And I am talking about a major city, Nanjing.

[HermandLo]

about F@$@ing time!!!!!!!! end the usd and imperialism once and for all

[trexlergreen]

watch the 2 hour video endgame - then decide. My own prediction (learning from the first stock market crash, where a lie over Napoleon's defeat made Rothchild into a billionaire) - as soon as the proverbial shit hits the fan, silver will drop back down to $6.00 an ounce, and all of your money is lost. Let history be your teacher. When Chinese government urges you to do one thing - do the opposite

[javonne]

You know what's funny? America calls China communists (bad guys) while they're asking China to hold their debts! LOL And if China's the bad guys, then why are they urging their citizens to invest in silver? They must truly care about their people. They have Speed-rails and we Americans don't. They're making green energy and we aren't.

So the question is... Who are the real communists (bad guys)? China is once again doing the smart thing. THEY'RE SAVING FOR THE FUTURE AND WE'RE NOT! AAAHHH!!

[candymagic68]

Buy aud $ is more logical

[ltmikepowell]

@UnitedKorean I heard some say U.S. still got it's LARGE gold reserves, but the last time they audit their gold reserve was back in 1950's. So I really don't know the claim of any legality of those LARGE gold reserves.

[UnitedKorean]

Gold is real. Paper money is fake. A country with more gold is rich. A country with paper money can crash the next day. Because paper money will become toilet paper when the economy goes down. Right now, China is stacking up gold, while USA is losing gold. When US paper money becomes toilet paper, all the US has got left is gold. But then all that gold is going over to China right now. US will go bankrupt of course. China will have the real money in GOLD while US will have none. Devastating.

[UnitedKorean]

Gold is real. Paper money is fake. A country with more gold is rich. A country with paper money can crash the next day. Because paper money will become toilet paper when the economy goes down. Right now, China is stacking up gold, while USA is losing gold. When US paper money becomes toilet paper, all the US has got left is gold. But then all that gold is going over to China right now. US will go bankrupt of course. China will have the real money in GOLD.