China Tells Citizens Buy Gold/ Silver - USA Just The Opposite

Do we really see the whole picture, or just what the media and the US government is trying to portray?

SELL SELL SELL in the USA, but meanwhile............in China.

Most of us always hear about the evil communistic China, but I would ask you all to take a step back and compare which country is setting it's populous up for fail. Around 2008 China started to make announcements to it's citizens to buy gold and silver.

A very good friend of mine is currently living and runs a small business in China, and guess how he pays his employees? Yep, Silver.



Very good theory on why China is asking it's citizens to buy gold and silver.



In the USA, We all see the commercials on TV, "Sell your Gold, we pay the highest prices", or "We'll even send your a pre-paid envelope". We also see signs up in our neighborhoods and people standing our on street corners, with signs saying they'll buy all your scrap gold.



And Which nation will actually be in better shape when the fiat currency takes a complete dive?

Here is what I personally think of pensions, 401k's, bank accounts and anything else that is in digital or paper format, and related to the fiat currency will be worth.

I am not trying to scare anyone, just create a bit more awareness.

reply to post by Realtruth

Well, our government trades with Fiat Money (Inconvertible paper money made legal tender by a government decree). We all know that
a) government is not trustworthy
b) the FED prints money at will with NOTHING to back it up
c) countries around the world are starting to trade in currency OTHER than US dollar (they don't trust it's value)

So, China has the right idea. Ironically, the similarity with Ron Paul's idea of "sound money" is striking. Honest Money


The biggest difference is that China promotes the "gathering" of precious metal. This takes away from financial markets and saves the individual investors from economical collapse of said markets.

It is a step forward to having actual currency made out of semi-precious and precious metals

I haven't asked the question, but I will now to all of our foreign friends elsewhere in the world.

Is your area/government promoting the selling or buying of precious metals?

Thanks in advanced.

RT

Just like the loans that the US wants everyone to have. Take out loans they say, spend money, as much as you can or the economy will stall, get that car/house/boat/business loan, etc that you cannot afford.....spend, spend, spend....


Canada's economists keep telling us to save and put away money for retirement - although no one can afford to anymore with the cost of living, but they are trying to tell us NOT to take out any loans we can't afford.

They actually want to make financial literacy part of our school education. I hope they do.


And yeah, we also have them telling us buy gold, and silver, but if we don't want what we have they'll also buy it from us.....

I'm quite sure the US government is doing their best to sink the US for some reason.......

What's the difference between gold

and scrap gold ?

reply to post by Realtruth


I say it's because the banking systems in America are not for American interests. The dollar is going out eventually. If you go trade useless paper for a gold and silver that means it's just more currency they have to sucker someone else into before we economically collapse. They will be stuck holding the paper money and they would rather it be us. This is why they won't tell us it's time to buy, they want us to think everything is under control.
This has been coming for decades. We manage to slow it down by the killing of a few country leaders that wanted to switch to Gold and Silver as their currency affecting how we purchase from the Middle East. (Hussein/Gaddafi).

It's still coming. This will change the world as we know it. Unless we open up our Oil reserves and sell strictly using the American dollar. That's what I see needing to be done to keep us thriving in the coming years, but will they?

Originally posted by xuenchen
What's the difference between gold

and scrap gold ?

LOL! Excellent question.

Actually it's just a marketing technique to get people to sell their gold and silver.

Think about it, if someone tells you something is just scrap then your mind automatically thinks, "Get rid of it".

But the answer to your question is nothing, there is no difference between the two.

The Platinum in your cars catalytic convertor is worth more than 1,000 Chinese peoples gold/savings.

All the old electronics had silver wiring, gold plated chips/processors. It's been thrown for decades into Americans landfills.

We've got more Gold and Silver in our landfills than all of China's Banks.

We're the only country on Earth that's used some secret technology to map the inside of the planet, we know where every single vein of gold is.


Every little bit of Gold and Silver China's collected will soon be needed for China's dioxins/toxins from pollution that are ravaging their population right now. They're going to need medicine on a scale you can't imagine.

All the rich and smart people in America have ALWAYS been buying Gold. They tell the poor people to spend spend spend....so the Rich and smart people can buy more Gold. They're Gods now.

reply to post by Realtruth


Over here in the UK, we have ads on TV constantly telling us to sell our gold. Or watches or phones ...even if they are broken. Even in mobile phones there is gold...it might be very little but it all adds up. Same with watches obviously.

I think these companies are a government front to extract as much gold as possible form the people and strip us of our wealth. I don't know what the reason would be for doing this...but there is definitely something odd about it.

Originally posted by HallamFoe

Over here in the UK, we have ads on TV constantly telling us to sell our gold. Or watches or phones ...even if they are broken. Even in mobile phones there is gold...it might be very little but it all adds up. Same with watches obviously.

Just what most of us are suspecting.

The pieces of the puzzle are now starting to come together quickly.

Thanks for the input.

reply to post by Realtruth


Australia, selling gold last time I checked.

The latest update from Benjamin Fulford does follow these themes www.bibliotecapleyades.net...

In essence the corporate Washington D.C. government is now going to have to negotiate a chapter 11 restructuring of their debt to Japan. They have offered to pay off 90% of the debt with gold stashed in the Philippines and the rest in cash.

Quite a few stories about the US, China and missing gold around as well.

Theres no direct message form the government to buy or sell gold. They're are however companies that are buy or selling gold and with the confidence in the U.S dollar dwindling solid assets and commodities like gold and silver are being bought up. It will create a bubble though just like the housing market.

I was talking to my uncle about something similar, its always a good idea to put you're money into land or commodities for long term investments. Gold isn't always a stable market despite what some talking head on t.v will tell you, it can lose value, however since it is a solid asset it can also increase in value also.

Its all about markets and buying and selling I don't fully understand it all myself but I'm differently looking into the topic more and more.

reply to post by kwakakev


Wow, if true this is big.

I have read the original lawsuit ( Filed November 11th, 2011) itself and feel the US needed to address it quickly which they did.

Looks like the Federal reserves and DC are scrambling to Cover their collective butts.

I think a thread on this whole situation, in a logical order will gain a great deal of attention here on ATS. I have the original Lawsuit from pacer filed by the Dragon Family, if anyone decides to do the thread.

Peace out,

RT

The dollar is needed to buy oil. Everytime somebody buys oil he needs to buy dollars sending in his own currency, which can be used to make buisness where the currency is legal tender, so it is not enierly accurate, that the dollar is not backed up by anything.

OC more money might be created than what might be backed up by americas trade surplus and the oil bonus.

Yeah Americans start buying gold instead of going to chinamart and buy that cheap trash they sell and other things made in china

that is the best thing about gold it aint made there.

Originally posted by xuenchen
What's the difference between gold

and scrap gold ?

The difference is your perception of its worth. If you believe that you have "scrap" gold, the vultures who will give you cash on your "old or unwanted gold" will offer you 1/4 to 3/4 of what gold market value is.

1 ounce = 28.35 grams
price of gold today(at market close) is $1640.70 / ounce, or $57.87 / gr

Looking at the vulture chart bellow(real time quote as per this post), you see two interesting things

1) they are changing the price depending on the total weight (As if having more gold makes the price per ounce higher, It is a taunt to rob you out of more of your perfectly good gold)

2) they are making a profit between 306% and 32%. (to put things in perspective, it is an investment with a annual return of between 111,690% and 11,680%

Originally posted by neo96
Yeah Americans start buying gold instead of going to chinamart and buy that cheap trash they sell and other things made in china

that is the best thing about gold it aint made there.

edit on 14-1-2012 by neo96 because: (no reason given)

I wouldn't go to the bank with that statement Charlie Brown...

Gold mining in the People's Republic of China has recently made that country the world's largest gold producer.

WikiSource

reply to post by Glargod


China's Government owns to nitpick as to links other than a 4 year old wiki link heres ones:

www.usdebtclock.org...

Another link

en.wikipedia.org...

Originally posted by neo96

China's Government owns to nitpick as to links other than a 4 year old wiki link heres ones:

Can you translate that into English for us?

reply to post by Pervius


Fine here is it dumbed down for those who can't read.

This link was dated if anyone bothered to read it 2007 what is the current year?

en.wikipedia.org...

Just because China produces doesn't mean anything when the their Government owns production made off cheap slave labor.

Liinks are meaningless since everyone can come up with them saying something different which was evident of anyone bothered to read them.

My english is fine the reading and comprehension skills on ATS is the question but then again grammar and syntax have never been a topic on here.