You are here
Customers return to Hong Kong's protest-hit jewellery shops to sell their gold as coronavirus pushes prices sky-high
By Enoch Yiu
South China Morning Post, Hong Kong
Sunday, March 15, 2020
Hong Kong's jewellers, who took a big hit from months of anti-government protests, have found their shops busy again this year.
But the new customers are not shopping for bracelets, wedding rings, or earrings. They are there to sell their gold jewellery.
... Dispatch continues below ...
Storage and Withdrawal of Gold with Bullion Star in Singapore
Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.
Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.
Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.
For more information, please visit Bullion Star here:
Sellers are taking advantage of the gold price, which has climbed almost 10 percent this year to reach a seven-year high early last week. The rapid spread of coronavirus has dampened stock markets globally and investors have been rushing to buy the yellow metal, long known as a safe haven. ...
"I am thinking of taking my gold jewellery to sell as the gold price has reached such a high level," said a potential seller who wanted to be identified only as Sandy. "I bought my gold jewellery some years ago when the price was almost 30 percent lower than current levels.
"I can take the profit now and buy them back when the price goes down. I am worried about the coronavirus outbreak, but then I think wearing a mask to go to the shop will protect me." ...
>... For the remainder of the report:
https://www.scmp.com/business/commodities/article/3075259/customers-retu...
* * *
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
http://www.gata.org/files/GATA-4-wine-bottles.jpg
Buyers can compose their case by choosing as many as four varietals from the list here:
http://www.gata.org/files/FayJWineryVarietals.jpg
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
https://www.amazon.com/Rigged-Exposing-Largest-Financial-History/dp/1651...
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
