Silver $163 per OZ
Gold $5700 per OZ
For physical China bullion on China webshops
It's up to you how you deal with this. Is your broker gonna buy? Is your broker gonna sell? You figure it out.
Expect metal controls this year. They can't let the flood continue. Silver is $400 in China? Okay, you can't get it there, so who cares?
Okay, so you're gonna sell to a smuggler. But what discount does he ask? 15%, 20%, 30%, it's his choice.
This is not just a temporary thing. Be aware. Things are going to be shaken up the wazoo.
First smugglers already been caught by China.