Saturday, June 18, 2016

Gold in China

Something happening here . . . at least in Zhengzhou.

Last year, every bank sold gold in bar form, from about 5 g up to 500 g ingots. Today, I can't find any banks selling it.

Last year there were numerous stores selling gold and silver coins and ingots around the city. This is what a typical store looks like today.


Until a few weeks ago you could buy slightly overpriced gold, or very overpriced silver here. Now you can buy scooters.

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