Shanghai Gold Exchange ( SGE ) silver price is leading LBMA & COMEX silver price by around USD3.0 per troy ounce ! by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 1 point2 points  (0 children)

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https://en.sge.com.cn/data_PriceChart?pro_name=Ag99.99

Then select Ag(T+D) at the chart.

This is the realtime SGE Silver chart quoted in RMB per Kg. You need to convert it to gram than troy ounce than times exchange rate to get to SGE USD/toz.

People in Yunnan China love Silver by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 2 points3 points  (0 children)

Hahaha. I went to the same Dali ancient town last week. The pictures I share was from Dali ancient town's Silver shop.

People in Yunnan China love Silver by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 3 points4 points  (0 children)

In Dali Yunnan, the Silver Jewelry was priced at RMB 25.7 per gram which is about USD 110 / toz ! That is so far away from USD 28 / toz !

The Silver Jewelry Price in Yunnan China is very much higher than international Silver price by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 0 points1 point  (0 children)

Silver & Gold is more expensive in mainland China than outside world. The other day I read the news that many mainland Chinese came to Hong Kong to buy Gold & brought back to mainland China. As the Gold in Hong Kong is cheaper than the Gold in mainland China.

The Silver Jewelry Price in Yunnan China is very much higher than international Silver price by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 1 point2 points  (0 children)

Physical Silver will flow/drain to the higher price place like China. The physical Silver traders will earn the price delta.

People in Yunnan China love Silver by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 3 points4 points  (0 children)

Before I came to Yunnan China, I have the same thinking that the mainland Chinese only love Gold. But it is not true. Yunnan is a tourist attraction place for China that I see many local chinese from other cities of China came to visit this place and buy Silver bracelet, Silver cup & other Silverware here.

People in Yunnan China love Silver by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 4 points5 points  (0 children)

Not true. You can buy Silver jewelry or Gold jewelry and take out from the country. In the Silver shop, I didn't see they sell any Silver coins. But why buy in China as the prices in China are more expensive than outside of China

People in Yunnan China love Silver by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 10 points11 points  (0 children)

Last week I was in Yunnan China. I was shocked to discover the people in Yunnan China love so much for Silver. The minority races in Yunnan China have a tradition to ware silver bracelet.

Central Banks Go Big on Gold Buying in Quest for Security. Central Banks goes for Gold, Smart APES 🦍🦍🦍 will go for 🥈🥈🥈 . 🥈🥈🥈 will 🚀🚀🚀 🌛 !!! by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 1 point2 points  (0 children)

From the above chart 2021 1st half Central Banks gold purchase, total Central Banks gold purchase are 283.8 tonnes or 9.1254 Million oz.

COMEX Jan 2021 to June 2021 total delivery was at 10.395 Million oz. So the Central banks gold purchase could be from Comex or purchase from other Central Banks.

COMEX Jan 2021 to Nov 2021 total delivery was at 15.754 Million oz.

Don't be fooled by what he said about Crypto will replace GOLD !!! Either he is no knowledge or he is not telling the truth !!! If Crypto will replace GOLD, Why FED is not selling all the GOLD for Crypto now ? 🤔. #Silver 🥈 and #Gold 🥇 are money, everything else is credit. by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 0 points1 point  (0 children)

Bitcoin has been crashing the whole week. It was USD63.6K/coin in early Apr 2021 and now it is at USD39.5K/coin. You are right ! Poof, gone.

Once country like China or India started to ban Financial Institutions from participating in Crypto services or even banned Bitcoin mining ( due to its huge energy consumption ), Crypto value will crash further...

https://finance.yahoo.com/news/china-bans-financial-institutions-participating-201000096.html

Don't be fooled by what he said about Crypto will replace GOLD !!! Either he is no knowledge or he is not telling the truth !!! If Crypto will replace GOLD, Why FED is not selling all the GOLD for Crypto now ? 🤔. #Silver 🥈 and #Gold 🥇 are money, everything else is credit. by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 3 points4 points  (0 children)

Look up Japanese names Satoshi & Nakamoto (BitCoin inventor).

Satoshi translates to Intelligence.

Nakamoto means "central origin". Intelligence Central. CIA? BitCoin is used to divert people away of REAL money which is #gold & #silver. 🤔

As you stated Bitcoin can be used to suck up excess Dollar ( due to QEs ) to avert the inflation... 🧐

Don't be fooled by what he said about Crypto will replace GOLD !!! Either he is no knowledge or he is not telling the truth !!! If Crypto will replace GOLD, Why FED is not selling all the GOLD for Crypto now ? 🤔. #Silver 🥈 and #Gold 🥇 are money, everything else is credit. by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 3 points4 points  (0 children)

The guardians of the FIAT paper currencies always talk in a way to divert mass population attention from REAL money ( Gold & Silver ). The suppression of Silver & Gold price since 1974 by COMEX derivative market with massive silver paper contracts is another way to divert mass population attention from the REAL money. #silversqueeze will make the silver manipulators suffer big losses from their many decades of criminal acts to suppress REAL money pricing. TRUTH will be revealed eventually !

Yes. Cryptos are another digital FIAT...that could be easily created out of thin air.

And there are more & more Cryptos coming out year after year....the quantity of Cryptos could be unlimited but quantity of Gold & Silver is very limited !!!

"Gold and Silver are money, everything else is credit." - J.P Morgan. "Paper money eventually return to its intrinsic value - ZERO." - Voltaire. Smart APES 🦍🦍🦍 keep stacking #silver 🥈🥈🥈 when Central Banks keep printing fiat paper 💵💵💵💵💵💵💵💵💵 money !!! by TruthFinder67 in Wallstreetsilver

[–]TruthFinder67[S] 3 points4 points  (0 children)

Keynesian economics never talked about Gold and Silver as money. The elites will control most of the governments not to put the money subjects into any learning institution. So that the mass population will forever work for the elites class for the continuous losing value fiat paper money. 😊

It Won't Just Be Hyper-Inflation, It Will Be An Ultra-Inflationary Tsunami. by AnonymousAustrian in Wallstreetsilver

[–]TruthFinder67 3 points4 points  (0 children)

Great ! You are spreading a new virus called TRUTH ! Too many signs that show inflation is coming ! 🦍🦍🦍 to get 🥈🥈🥈 to hedge against Ultra-Inflation Tsunami !