Adrian Ash, regular contributor to The Daily Reckoning, UK and head of research at BullionVault, analyzes the future of gold, as told by Chinese buying trends.

The Chinese government is telling people gold and silver are good investments that will safeguard their wealth. After last year’s meltdown in the stock market, people believe it. After all, Chinese citizens don’t receive government retirement money… and they don’t have company pension plans like people in many other countries do.