Bullish on gold and silver?
Why are prices of gold and silver rising?
Will it crash or go much higher from this point?
Fear of inflation is rising, many investors are looking for alternatives for the greenback.
We at cashinfo.org think the Chinese are mainly responsible for the recent rally.
The Chinese government is urging their citizens to buy gold and silver bullions, this in a bold move, considering that only a few years ago its citizens were prohibited from owning gold or silver.
At the Hong Kong airport a new depository has been build, and the government has started moving its gold from London to Hong Kong.
Now there are even rumours about that China is about to ban all gold and silver exports from the country.
Read this article about China and gold
Another article about China and gold
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