China urges its citizens to purchase Gold and Silver

Asheron

Recent television advertisements by China's Central Television, which is state-controlled, has urged its citizens to purchase gold and silver bullion.

http://www.digitaljournal.com/article/279166

chelleybelley

that article is dated last year

Asheron

Really ? just ignore it, silly me, old news.............

chelleybelley

hehe just thought i'd mention it, no matter its late, and someone may find it helpful

Masomnia

That major world powers are trying to manipulate its price is a reason not to invest. So for that reason, I'm out.

Masomnia

Actually, now I think about it this is probably more to do with China trying to control lending by its banks. They've raised reserve requirements for banks, to try and stop the economy overheating, so presumably encouraging the population to buy gold is to deprive the banks of capital to lend.

Rita_be2

I've been reading a few articles recently about the how a silver investment rather a gold investment will prove to be profitable this year. I'm not so sure myself but I certainly won't be investing in gold any time soon.

anya444

Guys, any tips for buying gold? I am fed up with my banks and my saving accounts so decided to invest privately in gold coins/bullion. Can anyone advise how? where? etc? Thank you

sabretoothtigger

http://www.telegraph.co.uk/finance/personalfinance/investing/gold/