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Pablo Heman (Plan A)

@RealPabloHeman53,619 subscribers

Former Investment Bank Trader. 800K+ on TikTok/Insta/YT NFA! Pablo trades here: https://t.co/DzGhEtQmnS

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World is slowly slipping into #WorldWar3 , if not then at least major conflict in Europe (watch my yesterday’s video). Plus #BRICS are backing their currency using gold whilst US Treasury #bonds and US Dollar are SLOWLY losing their reserve status. So I am Slowly DCAing into some #Gold Bullion. And some #silver mining stocks. #Bitcoin #trading #Investing #China

World is slowly slipping into #WorldWar3 , if not then at least major conflict in Europe (watch my yesterday’s video). Plus #BRICS are backing their currency using gold whilst US Treasury #bonds and US Dollar are SLOWLY losing their reserve status. So I am Slowly DCAing into some #Gold Bullion. And some #silver mining stocks. #Bitcoin #trading #Investing #China

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I went to the largest Gold and silver retail market in the world on the weekend in ShuiBei China. And at least 2 Jewelry makers confirmed to me that they now have to pay a PREMIUM just to get their hands on bricks of silver gold and platinum. They used to just pay spot SGE price but starting about 6 weeks ago even they have to pay a premium! For example silver was about 17 yuan ($75.5) per gram spot price, but the jewelry makers have to buy for around 19 Yuan ($84.4)and then sell it on for 22 yuan ($97.74) to the public. I am talking about these 1kg silver bars and it’s NOT even jewelry yet! They add a few more Yuan per gram on top for silver jewelry depending on how intricate the craftsmanship was. I did get a call afterwards offering me a discount from the counter price, 5 one kilo silver bars at 20yuan ($88.85). Gold only had a 1-2% premium, but platinum 1Kg bars were selling for 525yuan, about $2332. Remember I went on the weekend so they were using last Friday’s spot price which was around $2130. Overall it does feel like that precious metals market was much tighter than usual, because the merchants now have to pay a premium just to get the silver gold and platinum bars. Eric Yeung 👍🚀🌕 David Lee 🤠 Weimar Asian Guy Silver Whale 🤠 TF Metals Report James Henry Anderson David Bateman Karel Mercx

I went to the largest Gold and silver retail market in the world on the weekend in ShuiBei China. And at least 2 Jewelry makers confirmed to me that they now have to pay a PREMIUM just to get their hands on bricks of silver gold and platinum. They used to just pay spot SGE price but starting about 6 weeks ago even they have to pay a premium! For example silver was about 17 yuan ($75.5) per gram spot price, but the jewelry makers have to buy for around 19 Yuan ($84.4)and then sell it on for 22 yuan ($97.74) to the public. I am talking about these 1kg silver bars and it’s NOT even jewelry yet! They add a few more Yuan per gram on top for silver jewelry depending on how intricate the craftsmanship was. I did get a call afterwards offering me a discount from the counter price, 5 one kilo silver bars at 20yuan ($88.85). Gold only had a 1-2% premium, but platinum 1Kg bars were selling for 525yuan, about $2332. Remember I went on the weekend so they were using last Friday’s spot price which was around $2130. Overall it does feel like that precious metals market was much tighter than usual, because the merchants now have to pay a premium just to get the silver gold and platinum bars. Eric Yeung 👍🚀🌕 David Lee 🤠 Weimar Asian Guy Silver Whale 🤠 TF Metals Report James Henry Anderson David Bateman Karel Mercx

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