Why Gold sales in China are exploding ?

Gold sales in China surges , Even though Gold has hit $1,300, gold sales in China is not slowing down. On the contrary, it is surging



The price of gold has been surging on the global market recently but gold prices in China haven't follow the global trend due to the recently appreciating Chinese currency. And investors are taking advantage with gold sales in the country surging.

In Hangzhou in eastern China, gold stores say their business increased by around 50 percent during the Mid-Autumn holiday. Some products even sold out. Yang Chaohong, Zhejiang Store Manager of China Gold Group said "Sales of gold jewelry increased by 50 percent, and sales of gold bars surged by 100 percent. One customer even bought 10 kilograms of gold at once."

In Shanghai, gold is also a hit with customers. Branch Manager of Shanghai Laofengxiang said "Our sales are good. During the three-day holiday, we sold around 3 million yuan worth of gold every day."

Gold products are usually purchased for special occasions, like weddings. But surging global gold prices are also driving Chinese investors to snap up what they can.
Brilliant, absolutely brilliant. You are right. I have been reviewing documents about which central banks of which countries are buying gold now. China has made the biggest and most surreptitious moves of all such countries. It also appears to have made the biggest moves in the last 5 years of any country, although Russia has made more noisy moves. The brilliance of getting its populace to buy gold by running TV ads is stunning and don't let the world know the central bank is hoarding it. Chinese will not buy gold when its own currency rises faster than the rate of gold. Unless they have unrestricted access on US dollars or other currencies, but that will not happen. So this will happen when chinese yuan have rised high enough to remain stable or on the risk of collapse.


BUY GOLD NOW - BIGGEST INVESTMENT EVER - CHINA SECRET PLAN

Courtesy: flaskofcoffee

It is very well known that the EVIL ILLUMINATI [Senior Freemasonry] New Labour Prime Minister of the UK helped to destroy the PUBLIC sector UK Gold Reserves - Who was to benefit? the PRIVATE sector [Rothschilds]...

In CHINA the People's Republic of China "PRC" Government is wise and astute... it is encouraging its 1.3 Billion [1,300 Million] population to invest in hard appreciating GOLD... that does NOT affect Inflation of the economy...

Whilst EVIL politicans of the US & UK betray its people [who are largely ignorant of its DECEITS - like the
"911" "Event" through the very expensive PRIVATE Media linked indirectly to the US, UK & EU Central Banks]... the politicans of China understand how the economy works and have a Secret Plan to ensure its population buy into Gold - the best rare metal to buy into...

NEVER ever trust a DECEIVING POLITICIAN... but understand the Markets...

It s no coincidence that as RUSSIA is hit very hard economically by the US Geopolitical policy to attack the "Stans" around the Caspian Sea, Iraq, Afghanistan, Turkey, Iran, Pakistan [to destroy the Muslim belief & its people - through US Secular policy of the Zionist Freemasonic Agenda] & causing major Terror attacks through entities like "Blackwater" private mercenaries - in places like Mumbai, India, giving the US forces of terror, a certain legitimacy to follow through with the so-called "War on Terror" against no identifiable enemy... through the US mercenary corporations [ALL paid for by US taxpayers] - initiated through the 911/2001 Lie/the purported "Reason" -Russian Roman Abramovich ["the Russian mafia?" owner of the yacht: "Le Grand Bleu" who is supported by Vladimir Putin - the absolute despotic ruler of Russia?] has recently bought into a disused Gold mine... this should tell us volumes...

As the RUSSIAN population [142 Million] & life expectancy rate in Russia tumbles (62 male and 73 female)... the politicians live in the greatest of obscene opulence - no different then to the absolute rulers that were the wealthiest Tsars of Russia...

As for the CHINESE population [1.3 Billion] increases significantly & its life expectancy rates increase (71 male 75 female)... the politicians in China never ever looked too kindly on its vast population... but treated them with absolute contempt... and as the biggest threat to their power, control, authority...

COMMUNISM was always a highly flawed political ideology - but most people do not tend to realise that it was carefully funded & covertly put in place by the very architects of the US Central Bank of Wall Street
[Read the excellent books authored by the late Professsor Anthony C. Sutton: "Wall Street and the Rise of Hitler" and "Wall Street & the Bolshevik Revolution" - both explain how Communism was carefully but secretly funded & nurtured by Wall Street Bankers... to destroy its society from within... Deviously Clever...]

So POLITICIANS the world over ABUSE their POWER & [invariably tend to] ABUSE THEIR TRUST... [As George Orwell reminded us (in "Animal Farm" & in "1984") - as if we ever needed reminding...]




Interesting that European & "Western" countries have the highest Life Expectancy rates of the World... [not surprisingly linked to GDP]...

[In the UK the Life Expectancy: 77 male and 82 female]
[In the US the Life Expectancy: 76 male and 81 female]
[In Japan (the Highest) the Life Expectancy: 79 male and 86 female]

Most people of "the West" do not tend to realise that many of the serious problems visited on other Sovereign countries were in reality designed in the US/UK to secure our best interests...

Remember that fact before criticising other hapless governments and their Duplicitous Deceiving Politicians...