07
Oct
Oct
16 August 2009: Up until this year it’s been illegal for the average chinese citizen to buy and hold gold and silver. Also this year the government made it illegal to export silver and investing in precious metals is now also being reported about in the Chinese government controlled media. See the video below.
We think this looks to be a very bullish signal long term for precious metals. This is definitely worth a read and be sure to also read the third comment down by Kevin T.
Update: 7 October 2009: Here’s a video we’ve just come across with one mans very interesting and well reasoned theory as to why the Chinese government may be encouraging it’s citizens to buy precious metals…
Author at Gold Survival Guide
Glenn Thomas is the co-founder of Gold Survival Guide, which he launched in 2009 after years of active involvement as an investor in the precious metals markets. With over 20 years of experience in the sector, Glenn has become a trusted authority on gold and silver investing. Since 2011, he has written and published a weekly gold and silver newsletter, with over 650 editions and counting. Additionally, he is also the author of more than 300 blog posts covering the why, what, when and how of buying gold and silver. As a result, he is the creator of New Zealand's most comprehensive repository of precious metals investment information.
Glenn's dedication to educating individuals on wealth protection through precious metals has helped over 2400 clients from New Zealand, Australia, USA and Europe to safeguard their financial futures. Passionate about financial independence and lifestyle freedom, Glenn’s mission is to empower others with the knowledge and tools to thrive in today’s volatile economic environment. When he's not advising on precious metals, Glenn enjoys spending time with his family and pursuing outdoor adventures.
Education: University of Auckland Bachelor of Science
Linkedin: https://www.linkedin.com/in/glenn-thomas-0984a4310/
Glenn's dedication to educating individuals on wealth protection through precious metals has helped over 2400 clients from New Zealand, Australia, USA and Europe to safeguard their financial futures. Passionate about financial independence and lifestyle freedom, Glenn’s mission is to empower others with the knowledge and tools to thrive in today’s volatile economic environment. When he's not advising on precious metals, Glenn enjoys spending time with his family and pursuing outdoor adventures.
Education: University of Auckland Bachelor of Science
Linkedin: https://www.linkedin.com/in/glenn-thomas-0984a4310/
Latest posts by Glenn Thomas (see all)
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- Gold Prices Fall as ETF Investors and Established NZ Buyers Keep Buying - October 14, 2026
