Why Asia Holds the Advantage in a Financial Crash?

in #steemsilvergold6 years ago

Asia across all walks of life will Aim to save Gold and will buy Gold as a hedge against the currency losing it's value, we in the West need to look at protecting ourself and Gold and Silver are the only way.

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I really hate when people "copy and paste" other's opinions. You have one of these among your comments.
About gold, I agree that the East is very ahead of the West and its people will suffer less in case of a fiat debacle.

true, the west look at gold but do not buy the east will always buy

I am agree you said

For one, their precious metal holding is enormous, especially in China, India, and Russia. Also, most of their debt to GDP ratios are within control and the majority of their debts are internal.

I agree with most of what is said, but China is not as well off as people think, their debt load and demand of satisfying the large population is troublesome. India also has a population problem, which most gold is not held by the central banks, but in the hands of the people.

Always you post with some uniqueness....
Thanks for sharing with us....

Why did you just "copy and paste" other people's opinions? Just looking for an upvote? Shame...

Where was it taken from? It might be a lonely bot looking for love. :P
Have an upvote for finding it!

Did they, thanks for spotting

When you have Gold and Silver at least you have something of value

I agree with most of what is said, but China is not as well off as people think, their debt load and demand of satisfying the large population is troublesome. India also has a population problem, which most gold is not held by the central banks, but in the hands of the people.

Long live the revolution

Upvoted & Resteemed.

thanks

Goold coin is looking very beautiful. Your collection is so incredible. Thanks @britcoin

Gold always looks great

@britcoin....
Always you post with some uniqueness....
Thanks for sharing with us....

Of course, you are right. Thanks. @rc03559.

hope so

Silver and gold are the last frontier in my portfolio. I need to buy some soon.

need to buy soon, how long it will stay this low no one knows

For one, their precious metal holding is enormous, especially in China, India, and Russia. Also, most of their debt to GDP ratios are within control and the majority of their debts are internal.

they have the gold

Thank you for your continued support of SteemSilverGold

no problem

that dragon coin is something to collect.. i dont know if gold will be worth much, when the red reserve raises interest rates, gold will drop and the other expensive ones. yet silver rarely changed much, last i noticed.

loved it when i first saw it

the semi coloured are nice sometimes.. if collecting only.. not sure they'd be easy to sell on..

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