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Chinese gov’t is telling their citizens to stock up on gold and silver
http://seekingalpha.com/article/159962-china-urges-citizens-to-buy-gold-and-silver http://www.dailymarkets.com/contributor/2009/08/20/china-is-about-to-buy-a-lot-more-silver/ http://www.bullionbullscanada.com/index.php?option=com_content&view=article&id=2545:china-urges-citizens-to-buy-gold-silver&catid=48:gold-commentary&Itemid=131 http://etfdb.com/2009/gold-threatens-1000-etfs-surge/
“These actions are the latest indication that China has lost confidence in Western economies and is desperately trying to both protect its own gold reserves and encourage its citizens to diversify savings out of paper and into hard assets.”
