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Physical #Gold demand at the Shanghai #Gold Exchange (SGE) will explode higher. Here is why: 1) Chinese ETFs and Funds will focus their physical #Gold buying at the SGE to enjoy 13% VAT EXEMPTION. 2) Chinese citizens will focus all their physical #Gold bars buying via direct SGE investment...

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Eric Yeung 👍🚀🌕

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79,783 次观看 • 8 个月前 •via X (Twitter)

新闻政治财经#Gold#Gold#Gold#Gold
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A Chinese lady went to the Bank of China (BOC) yesterday (Nov 3, 2025) to withdraw her Chinese state-owned commercial bank 10 gram investment standard physical #Gold bar VAT exempt. She also praised the Chinese government’s new #Gold tax rules saying that they promote increased liquidity in legitimate China investment standard physical #Gold trading channels (SGE & China state-owned commercial banks).
2:15

A Chinese lady went to the Bank of China (BOC) yesterday (Nov 3, 2025) to withdraw her Chinese state-owned commercial bank 10 gram investment standard physical #Gold bar VAT exempt. She also praised the Chinese government’s new #Gold tax rules saying that they promote increased liquidity in legitimate China investment standard physical #Gold trading channels (SGE & China state-owned commercial banks).

Eric Yeung 👍🚀🌕

62,136 次观看 • 8 个月前

Now that the VAT exemption only applies to physical #Gold bought at the Shanghai Gold Exchange (SGE), and Shanghai Futures Exchange (SHFE), what will happen??? 1) ALL upstream physical #Gold buying will concentrate at the SGE and SHFE because that’s the only place upstream buyers can get VAT exemption. 2) This will push up the #Gold trading volumes at #SGE and #SHFE. 3) This might push up the #Gold price at #SGE and #SHFE because of the increased #Gold buying. 4) Funds and Institutions might be compelled to leave their #Gold at the SGE or SHFE vaults because of their VAT exemption nature. 5) This might be the next step for China to become an international #Gold price maker instead of a #Gold price taker. They are doing this by concentrating all upstream #Gold buying and storage at the SGE and SHFE. Luke Gromen David Lee Kathleen Tyson Bai, Xiaojun Andy Schectman Make Gold Great Nostra, House of Gold Miles Franklin Precious Metals TheMarketSniper - MBA, CMT. #HVFmethod Tim Hack BOB The BULLIONAIRE @SunilRe89392848 🤠 Weimar Silver Baron 🤠 Semper Vigilantes VBL’s Ghost
1:20

Now that the VAT exemption only applies to physical #Gold bought at the Shanghai Gold Exchange (SGE), and Shanghai Futures Exchange (SHFE), what will happen??? 1) ALL upstream physical #Gold buying will concentrate at the SGE and SHFE because that’s the only place upstream buyers can get VAT exemption. 2) This will push up the #Gold trading volumes at #SGE and #SHFE. 3) This might push up the #Gold price at #SGE and #SHFE because of the increased #Gold buying. 4) Funds and Institutions might be compelled to leave their #Gold at the SGE or SHFE vaults because of their VAT exemption nature. 5) This might be the next step for China to become an international #Gold price maker instead of a #Gold price taker. They are doing this by concentrating all upstream #Gold buying and storage at the SGE and SHFE. Luke Gromen David Lee Kathleen Tyson Bai, Xiaojun Andy Schectman Make Gold Great Nostra, House of Gold Miles Franklin Precious Metals TheMarketSniper - MBA, CMT. #HVFmethod Tim Hack BOB The BULLIONAIRE @SunilRe89392848 🤠 Weimar Silver Baron 🤠 Semper Vigilantes VBL’s Ghost

Eric Yeung 👍🚀🌕

93,796 次观看 • 8 个月前

Well I nailed another one. All the retail #Gold buying liquidity in China has headed to the Chinese state owned commercial banks’ investment standard #Gold that’s VAT exempt (via the SGE)… “Don’t make the mistake of selling your physical #Gold.” 😉🔥👇 Check out the end of this video… These Chinese small #Gold retailers are going to morph into #Silver APES 🦍 in order to survive…
1:29

Well I nailed another one. All the retail #Gold buying liquidity in China has headed to the Chinese state owned commercial banks’ investment standard #Gold that’s VAT exempt (via the SGE)… “Don’t make the mistake of selling your physical #Gold.” 😉🔥👇 Check out the end of this video… These Chinese small #Gold retailers are going to morph into #Silver APES 🦍 in order to survive…

Eric Yeung 👍🚀🌕

13,881 次观看 • 8 个月前

“Invest Insight China Fund News”, an official Chinese government background media in China has clearly explained the Chinese state-owned commercial banks’ “Gold accumulate” programs going forward post Nov 1 2025 China #Gold VAT new rules. It has also clearly explained that Chinese citizens withdrawing “investment standard physical #Gold” from Chinese state-owned commercial banks’ “Gold accumulate accounts” are VAT EXEMPT. Finally limitations on new “Gold accumulate accounts”, and new account openings at the Chinese state-owned commercial banks are temporary, and everything will resume soon.
3:42

“Invest Insight China Fund News”, an official Chinese government background media in China has clearly explained the Chinese state-owned commercial banks’ “Gold accumulate” programs going forward post Nov 1 2025 China #Gold VAT new rules. It has also clearly explained that Chinese citizens withdrawing “investment standard physical #Gold” from Chinese state-owned commercial banks’ “Gold accumulate accounts” are VAT EXEMPT. Finally limitations on new “Gold accumulate accounts”, and new account openings at the Chinese state-owned commercial banks are temporary, and everything will resume soon.

Eric Yeung 👍🚀🌕

23,723 次观看 • 8 个月前

So there have been many instances where criminal bad apple Chinese physical #Gold traders who bought VAT exempt physical #Gold, and exported this #Gold out of China. They fraudulently filed and received VAT refunds from the Chinese government (even though they never paid VAT for this #Gold). This new set of Chinese government #Gold tax rules will stop these illegal activities and make exporting #Gold out of China unprofitable when the SGE #Gold price is equal to or higher than the Western #Gold price. So this will probably stop any #Gold flowing from China to the LBMA. This means China can continue to suck physical #Gold out of the LBMA, but it will be very unlikely for China to export #Gold to the LBMA or anywhere else outside of China. VBL’s Ghost 🤠 Weimar Silver Baron 🤠 Luke Gromen Kathleen Tyson Semper Vigilantes pmbug Peter Spina ⚒ GoldSeek | SilverSeek SilverDegen Make Gold Great Nostra, House of Gold 🇭 🇺 🇬 🇴
2:21

So there have been many instances where criminal bad apple Chinese physical #Gold traders who bought VAT exempt physical #Gold, and exported this #Gold out of China. They fraudulently filed and received VAT refunds from the Chinese government (even though they never paid VAT for this #Gold). This new set of Chinese government #Gold tax rules will stop these illegal activities and make exporting #Gold out of China unprofitable when the SGE #Gold price is equal to or higher than the Western #Gold price. So this will probably stop any #Gold flowing from China to the LBMA. This means China can continue to suck physical #Gold out of the LBMA, but it will be very unlikely for China to export #Gold to the LBMA or anywhere else outside of China. VBL’s Ghost 🤠 Weimar Silver Baron 🤠 Luke Gromen Kathleen Tyson Semper Vigilantes pmbug Peter Spina ⚒ GoldSeek | SilverSeek SilverDegen Make Gold Great Nostra, House of Gold 🇭 🇺 🇬 🇴

Eric Yeung 👍🚀🌕

29,159 次观看 • 8 个月前

This Chinese Shanghai Gold Exchange (SGE) Commodity Trading Advisor (CTA) is demonstrating to the entire world (on November 3rd, 2025 Monday) that any low-tier individual SGE member can buy and withdraw Standard Investment physical #Gold bars from the SGE vaults VAT EXEMPT!!! SO STOP SPREADING BS Bloomberg!!! BullionStar VBL’s Ghost Bai, Xiaojun Luke Gromen David Lee David Morgan 🤠AI Rabbi Weimar Silver Baron 🤠 Kathleen Tyson
3:35

This Chinese Shanghai Gold Exchange (SGE) Commodity Trading Advisor (CTA) is demonstrating to the entire world (on November 3rd, 2025 Monday) that any low-tier individual SGE member can buy and withdraw Standard Investment physical #Gold bars from the SGE vaults VAT EXEMPT!!! SO STOP SPREADING BS Bloomberg!!! BullionStar VBL’s Ghost Bai, Xiaojun Luke Gromen David Lee David Morgan 🤠AI Rabbi Weimar Silver Baron 🤠 Kathleen Tyson

Eric Yeung 👍🚀🌕

45,183 次观看 • 8 个月前

1) The Chinese government wants to encourage its citizens into SGE investment #Gold. Listen to the explanation by this Chinese lady regarding the Chinese tax code changes effective November 1 2025. 2) The Chinese government doesn’t want Chinese citizens to waste money on Gold jewelry and pay high premiums.
0:44

1) The Chinese government wants to encourage its citizens into SGE investment #Gold. Listen to the explanation by this Chinese lady regarding the Chinese tax code changes effective November 1 2025. 2) The Chinese government doesn’t want Chinese citizens to waste money on Gold jewelry and pay high premiums.

Eric Yeung 👍🚀🌕

71,674 次观看 • 8 个月前

Good news! As 🤠 Weimar Silver Baron 🤠 and Bai, Xiaojun have reported, most Chinese state-owned commercial banks have already resumed their #Gold accumulate programs and physical #Gold withdrawals by Chinese citizens. Here is a video taken on Nov 4, 2025 around 11:20 am Beijing Time by a Chinese citizen who withdrew physical #Gold from China Construction Bank. As you can see the #Gold is VAT EXEMPT! The withdrawal price of physical #Gold from China Construction bank today is 924 RMB Yuan/gram which is the equivalent of 4019 USD/Troy Ounce.
1:24

Good news! As 🤠 Weimar Silver Baron 🤠 and Bai, Xiaojun have reported, most Chinese state-owned commercial banks have already resumed their #Gold accumulate programs and physical #Gold withdrawals by Chinese citizens. Here is a video taken on Nov 4, 2025 around 11:20 am Beijing Time by a Chinese citizen who withdrew physical #Gold from China Construction Bank. As you can see the #Gold is VAT EXEMPT! The withdrawal price of physical #Gold from China Construction bank today is 924 RMB Yuan/gram which is the equivalent of 4019 USD/Troy Ounce.

Eric Yeung 👍🚀🌕

20,380 次观看 • 8 个月前

We are witnessing the beginning of behavioral change in Chinese investors right now as #Gold breaks out above $3000 USD/Troy Ounce. Chinese investors finally begin to treat #Gold as an investment vehicle instead of just a form of savings. Combine this with the new Chinese banks’ #Gold accumulate accounts that allow Chinese citizens to convert their savings account directly to deliverable physical #Gold, and Chinese insurance companies’ new mandate by the Chinese government to put up to 1% of assets under management into #Gold. If the U.S. physical #Gold & #Silver imports don’t slow down, these combined factors can be absolutely ballistic for physical #Gold & #Silver!!!
1:29

We are witnessing the beginning of behavioral change in Chinese investors right now as #Gold breaks out above $3000 USD/Troy Ounce. Chinese investors finally begin to treat #Gold as an investment vehicle instead of just a form of savings. Combine this with the new Chinese banks’ #Gold accumulate accounts that allow Chinese citizens to convert their savings account directly to deliverable physical #Gold, and Chinese insurance companies’ new mandate by the Chinese government to put up to 1% of assets under management into #Gold. If the U.S. physical #Gold & #Silver imports don’t slow down, these combined factors can be absolutely ballistic for physical #Gold & #Silver!!!

Eric Yeung 👍🚀🌕

37,177 次观看 • 1 年前

Eric Yeung: 🇨🇳 CHINA'S BRILLIANT MOVE ON GOLD The Gold Shakeup: New Tax Rules ✅ Objective: Concentrate ALL gold liquidity through the Shanghai Gold Exchange (SGE). ✅ Before: A messy system where recycled gold avoided VAT, undercutting official channels. ✅ Now: The ONLY way to get VAT-exempt gold is through the SGE. ➡️ Result: Liquidity is being vacuumed out of the OTC market and into the SGE. Trading volume is projected to jump from 60% to 80% of all Chinese gold trade. The Ramification: Squeezing the West ✅ SGE has a ~70% physical withdrawal rate. COMEX is less than 10%. ✅ In 2024, over 1,400 metric tons of gold were physically withdrawn from the SGE. That's roughly the entire reported COMEX vault inventory. ✅ China is inviting central banks (like Cambodia) to store their gold in SGE vaults, building trust and moving the global center of gravity East. The Silver Hammer: Export Controls ✅ Starting Jan 2026, China is imposing export controls (review & quota process) on silver. ✅ This is a de facto ban on shipping silver to the LBMA. ✅ Silver is now a STRATEGIC METAL for China. They are hoarding for their industrial and technological future. The Bottom Line: China is systematically rewiring the global precious metals market. They are centralizing gold liquidity in Shanghai and locking down their silver supply. This will drain physical metal from the West, exposing paper markets and accelerating the East's financial dominance. HT Eric Yeung 👍🚀🌕 The Sirius Report #Gold #Silver #China #SGE #COMEX #LBMA #Markets #Finance
0:57

Eric Yeung: 🇨🇳 CHINA'S BRILLIANT MOVE ON GOLD The Gold Shakeup: New Tax Rules ✅ Objective: Concentrate ALL gold liquidity through the Shanghai Gold Exchange (SGE). ✅ Before: A messy system where recycled gold avoided VAT, undercutting official channels. ✅ Now: The ONLY way to get VAT-exempt gold is through the SGE. ➡️ Result: Liquidity is being vacuumed out of the OTC market and into the SGE. Trading volume is projected to jump from 60% to 80% of all Chinese gold trade. The Ramification: Squeezing the West ✅ SGE has a ~70% physical withdrawal rate. COMEX is less than 10%. ✅ In 2024, over 1,400 metric tons of gold were physically withdrawn from the SGE. That's roughly the entire reported COMEX vault inventory. ✅ China is inviting central banks (like Cambodia) to store their gold in SGE vaults, building trust and moving the global center of gravity East. The Silver Hammer: Export Controls ✅ Starting Jan 2026, China is imposing export controls (review & quota process) on silver. ✅ This is a de facto ban on shipping silver to the LBMA. ✅ Silver is now a STRATEGIC METAL for China. They are hoarding for their industrial and technological future. The Bottom Line: China is systematically rewiring the global precious metals market. They are centralizing gold liquidity in Shanghai and locking down their silver supply. This will drain physical metal from the West, exposing paper markets and accelerating the East's financial dominance. HT Eric Yeung 👍🚀🌕 The Sirius Report #Gold #Silver #China #SGE #COMEX #LBMA #Markets #Finance

Mark

30,700 次观看 • 8 个月前

The Chinese are aware of the impending inevitable USD liquidity crisis. This Chinese #Gold expert is urging Chinese citizens to hold on to their physical #Gold and buy physical #Gold regardless of a potential liquidity crisis in the future (6 months, 1 years, 2 years?)
3:12

The Chinese are aware of the impending inevitable USD liquidity crisis. This Chinese #Gold expert is urging Chinese citizens to hold on to their physical #Gold and buy physical #Gold regardless of a potential liquidity crisis in the future (6 months, 1 years, 2 years?)

Eric Yeung 👍🚀🌕

17,583 次观看 • 11 个月前

Another 2 metric tonnes of physical #Silver is withdrawn by a Chinese PMs bullion distributor from the Shanghai Gold Exchange (SGE) vault. So physical #Silver is flowing in China. This Chinese distributor is selling these #Silver SGE slabs at 15 kg (482 Troy ounces) each. They will probably sell out fast.
0:24

Another 2 metric tonnes of physical #Silver is withdrawn by a Chinese PMs bullion distributor from the Shanghai Gold Exchange (SGE) vault. So physical #Silver is flowing in China. This Chinese distributor is selling these #Silver SGE slabs at 15 kg (482 Troy ounces) each. They will probably sell out fast.

Eric Yeung 👍🚀🌕

122,035 次观看 • 8 个月前

Many degenerate “speculators” in China are gambling on the price of #Gold to fall. They along with some of these physical #Gold “distributors” are betting with 100X leverage that the #Gold is going to fall via their off-exchange #Gold forward contracts… Chinese bro here explains (dubbed in English). 👇
2:59

Many degenerate “speculators” in China are gambling on the price of #Gold to fall. They along with some of these physical #Gold “distributors” are betting with 100X leverage that the #Gold is going to fall via their off-exchange #Gold forward contracts… Chinese bro here explains (dubbed in English). 👇

Eric Yeung 👍🚀🌕

36,788 次观看 • 9 个月前

In this video I explain why China needs to buy a lot of physical #Gold to keep the USD/Chinese Yuan (RMB) exchange rate within a tight range. Therefore pushing up the price of Gold internationally. This Chinese physical #Gold buying will most likely accelerate once China starts issuing the estimated 600 billion USD worth of Chinese sovereign bonds, and rolls out its own QE program via its reverse REPO facility.
6:22

In this video I explain why China needs to buy a lot of physical #Gold to keep the USD/Chinese Yuan (RMB) exchange rate within a tight range. Therefore pushing up the price of Gold internationally. This Chinese physical #Gold buying will most likely accelerate once China starts issuing the estimated 600 billion USD worth of Chinese sovereign bonds, and rolls out its own QE program via its reverse REPO facility.

Eric Yeung 👍🚀🌕

76,227 次观看 • 1 年前

Wow the upper-tier financial intellectuals in China who normally don’t care if regular plebs are drooling and falling on the ground are speaking out. Apparently the Chinese government and its Oil producing trading partner sovereigns are experimenting with the OIL-#GOLD-RMB trade using the new offshore SGE #GOLD vaults in Hong Kong. And the Chinese Lady also called #GOLD China’s financial nuclear weapon… This is what I think: when Luke Luke Gromen talked about China’s OIL-#GOLD-RMB trade one or two years ago; those were pure OTC bilateral trades. Now China is going to start scaling this via SGE OTC price inquiry bilateral transactions and centralized SGE clearing. VBL’s Ghost Luke Gromen David Lee Geoffrey Fouvry Kathleen Tyson @SunilRe89392848 Gold Telegraph ⚡ Make Gold Great
4:23

Wow the upper-tier financial intellectuals in China who normally don’t care if regular plebs are drooling and falling on the ground are speaking out. Apparently the Chinese government and its Oil producing trading partner sovereigns are experimenting with the OIL-#GOLD-RMB trade using the new offshore SGE #GOLD vaults in Hong Kong. And the Chinese Lady also called #GOLD China’s financial nuclear weapon… This is what I think: when Luke Luke Gromen talked about China’s OIL-#GOLD-RMB trade one or two years ago; those were pure OTC bilateral trades. Now China is going to start scaling this via SGE OTC price inquiry bilateral transactions and centralized SGE clearing. VBL’s Ghost Luke Gromen David Lee Geoffrey Fouvry Kathleen Tyson @SunilRe89392848 Gold Telegraph ⚡ Make Gold Great

Eric Yeung 👍🚀🌕

27,538 次观看 • 8 个月前

We must audit the gold at Fort Knox, it’s been stolen 🚨 Middle of the night gold shipments are heading from London back to America with “thousands of Gold Bars” trying to return them before an audit Clayton Morris “Over the few weeks, there's been a secret operation to sneak gold back into Fort Knox before Donald Trump or Elon Musk get anywhere near it. US banks have been transporting gold from London back to New York with thousands of gold bars being moved outta the bank of England's Vaults in recent months. Look at COMEX gold vault numbers in the past few weeks. Skyrocketing why something is very fishy, hidden, unmarked shipments heading into Fort Knox under the cover of darkness.” “If the gold was never missing, why are they scrambling like crazy right now to try to return it? Did the lying New York fed take all the bars in the vaults and then send them to London years ago so that they could lease it out or sell it outright to China?” We need to End The Federal Reserve
0:50

We must audit the gold at Fort Knox, it’s been stolen 🚨 Middle of the night gold shipments are heading from London back to America with “thousands of Gold Bars” trying to return them before an audit Clayton Morris “Over the few weeks, there's been a secret operation to sneak gold back into Fort Knox before Donald Trump or Elon Musk get anywhere near it. US banks have been transporting gold from London back to New York with thousands of gold bars being moved outta the bank of England's Vaults in recent months. Look at COMEX gold vault numbers in the past few weeks. Skyrocketing why something is very fishy, hidden, unmarked shipments heading into Fort Knox under the cover of darkness.” “If the gold was never missing, why are they scrambling like crazy right now to try to return it? Did the lying New York fed take all the bars in the vaults and then send them to London years ago so that they could lease it out or sell it outright to China?” We need to End The Federal Reserve

Wall Street Apes

147,334 次观看 • 1 年前

Let’s put all our gold bars on the table. “A random sample of 450 bars (8.55 per cent of the RBA's holdings) were selected by Audit and notified to the BoE prior to Audit's arrival on-site, hence the location and retrieval from the vaults was not witnessed!” •••••••••••••••••••••••••••••••••• In Estimates I asked the RBA if they would cooperate with the new U.S. administration when they audit the gold holdings at Fort Knox. Needless to say they took the answer on notice. It is however worth nothing that the claim by the RBA that an audit of Australia’s gold bars has been carried out is misleading. The RBA has carried out a “partial”audit of selected gold bars, only 460 of the 5,285 bars on hand and the RBA had to give prior notice of the bars they wanted to audit before they arrived. Had the RBA done their job properly they should have audited all 5,285 bars at the same time with no notice and observed the bars being removed from the vaults. Furthermore Audit reports should be done yearly, not every three years. You can read the audit report below. It’s worth nothing that the RBA has lent or swapped 1,202 bars of gold out or 22% of our entire gold holdings. These transactions are designed to force down the price of gold which is against Australia’s national interest as we are an exporter of gold. More worryingly is how do we know that the gold bars inspected by the RBA weren’t lent by another country on a short term basis to cover the audit. What is also concerning is the large amount of refining going on as evidenced by the large number of different refiners. Gold bars held by central banks should not move or be refined as it undermines confidence in their intentions. The only way to rectify this uncertainty is to audit all gold holdings at the same time and to stop lending/leasing gold bars. #auspol
1:20

Let’s put all our gold bars on the table. “A random sample of 450 bars (8.55 per cent of the RBA's holdings) were selected by Audit and notified to the BoE prior to Audit's arrival on-site, hence the location and retrieval from the vaults was not witnessed!” •••••••••••••••••••••••••••••••••• In Estimates I asked the RBA if they would cooperate with the new U.S. administration when they audit the gold holdings at Fort Knox. Needless to say they took the answer on notice. It is however worth nothing that the claim by the RBA that an audit of Australia’s gold bars has been carried out is misleading. The RBA has carried out a “partial”audit of selected gold bars, only 460 of the 5,285 bars on hand and the RBA had to give prior notice of the bars they wanted to audit before they arrived. Had the RBA done their job properly they should have audited all 5,285 bars at the same time with no notice and observed the bars being removed from the vaults. Furthermore Audit reports should be done yearly, not every three years. You can read the audit report below. It’s worth nothing that the RBA has lent or swapped 1,202 bars of gold out or 22% of our entire gold holdings. These transactions are designed to force down the price of gold which is against Australia’s national interest as we are an exporter of gold. More worryingly is how do we know that the gold bars inspected by the RBA weren’t lent by another country on a short term basis to cover the audit. What is also concerning is the large amount of refining going on as evidenced by the large number of different refiners. Gold bars held by central banks should not move or be refined as it undermines confidence in their intentions. The only way to rectify this uncertainty is to audit all gold holdings at the same time and to stop lending/leasing gold bars. #auspol

Gerard Rennick

48,521 次观看 • 1 年前

The Shanghai Gold Exchange Authorized Participant Old Man is spilling information again! This time he is telling us the possible upcoming locations of the next SGE offshore #Gold vaults (below is the English transcript of his video): “The Shanghai Gold Exchange plans to establish overseas gold delivery warehouses, and I predict four cities will be prioritized: Hong Kong, China; Singapore, the hub of Southeast Asia; Zurich, Switzerland, the European hub; and Dubai, UAE, the Middle Eastern hub. These four cities impose no tariffs, value-added taxes, goods and services taxes, or declaration quantity restrictions on the import and export of 9999 gold bars and ingots. Gold trading is highly active in these locations. Among them, Zurich, Switzerland, serves as the global center for gold refining and storage. Additionally, gold ingots imported into the EU are also exempt from tariffs. For gold bar transactions in these four cities, anti-money laundering declarations and purchase documentation are required. Furthermore, the Industrial and Commercial Bank of China and the Bank of China have branch vaults in all four cities, making the storage and withdrawal of gold bars and ingots highly convenient.” Luke Gromen Kathleen Tyson VBL’s Ghost Peter Spina ⚒ GoldSeek | SilverSeek Make Gold Great GoldFish Charts Gold Telegraph ⚡ Nostra, House of Gold
0:54

The Shanghai Gold Exchange Authorized Participant Old Man is spilling information again! This time he is telling us the possible upcoming locations of the next SGE offshore #Gold vaults (below is the English transcript of his video): “The Shanghai Gold Exchange plans to establish overseas gold delivery warehouses, and I predict four cities will be prioritized: Hong Kong, China; Singapore, the hub of Southeast Asia; Zurich, Switzerland, the European hub; and Dubai, UAE, the Middle Eastern hub. These four cities impose no tariffs, value-added taxes, goods and services taxes, or declaration quantity restrictions on the import and export of 9999 gold bars and ingots. Gold trading is highly active in these locations. Among them, Zurich, Switzerland, serves as the global center for gold refining and storage. Additionally, gold ingots imported into the EU are also exempt from tariffs. For gold bar transactions in these four cities, anti-money laundering declarations and purchase documentation are required. Furthermore, the Industrial and Commercial Bank of China and the Bank of China have branch vaults in all four cities, making the storage and withdrawal of gold bars and ingots highly convenient.” Luke Gromen Kathleen Tyson VBL’s Ghost Peter Spina ⚒ GoldSeek | SilverSeek Make Gold Great GoldFish Charts Gold Telegraph ⚡ Nostra, House of Gold

Eric Yeung 👍🚀🌕

102,458 次观看 • 9 个月前