what is your preferred investment?Looks like we are slipping into a global recession?
what kind of suppliers prefer to be paid in bitcoin and not that gringo green back?
You dont have to tell me if it is confidential.
Silver is poor man lobster,not really a good investment,even platinum has lost its allure.
Just read gemforcaster,the guy came back from Tuscon trade show,Chinese are buying gemstones as a way to get around capital control imposed by their goverment.
Anyone who wants to buy gold builions,coins,etc from the big precious metal dealers,do not buy from them on Ebay unless it is an auction,buy direct from their site ,they all mark up their gold listed on Ebay to cover the Ebay and Paypal fee.
Quote:
Originally Posted by phaz0rz
(Post 1037901)
That was when their HK account got flagged and closed. The day after I sent the wire, the supplier told me their account got flagged and their bank was returning the wire to me. It took me 7 days to get it back, but it came, and then I resent it through Alibaba.
Now it's a different bank (China instead of HK) and a slightly different problem. The wire I sent hasn't been refused/returned, it just hasn't shown up at all yet. :pout:
Being able to pay reliably is critical and these issues have been killing me.
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There was a time not every Chinese can receive foreign currencies unless they have a permit to do so,even if they can,it goes thru the China Central Bank first,
This is one reason for the delay.
But I think they have removed the restriction of receiving and sending foreign currencies but not sure about the central bank part.
why is his HK bank account flagged/
There are many banks in HK,some are branches of Chinese banks
APMEX ,the largest precious metal dealer in US,sells on Ebay,Walmart and its own site.
If you pay with bitcoin and bitcoin cash,you get a discount.
You can also pay with personal check or bank wire,you get a discount.
You pay with cc or Paypal,you get no discount/
The same gold sold on all 3 sites,cheapest is its own site.take a look.
It also sell to foreign buyers and shipoverseas,not all countries.
It will also buy your gold and send you a bank check
if you buy silver,you may have to hold on to it for a long time .
Gold is not peaking,Russian central bank is now holding gold and Chinese money.
only time will tell,watch US interest rate,
