Hi Guys, Yesterday I stumbled across a Chinese version of silver investment site. The feelings I got after a few hours of reading are: 1. They are very much into the paper silver market. 2. The reasons I got were the quality and standards of physical silver varies in china, there's no proper/uniformed standards. 3. The second reason is Chinese people want liquidity, and it seems selling silver back to the dealers is a pretty difficult task atm. Well, at least not as easy as gold, which they can basically sell anywhere. 4. I was born in Hong Kong myself, but to my knowledge, there are hardly any places that sell physical silver. I think if the above can change in the future, it will increase the demand dramatically. What do you guys think?
Being from Hong Kong myself as well I agree with #4. There are literally no places which sell Silver BULLION over there. You have coin stores that sell junk silver or collectible coins but that's about it. Probably too much fake crap in China so people avoid holding physical as it would be hard to prove it's the real deal.
I think you can buy silver from kitco Hong Kong there http://online.kitco.cn/en/products-silver-us.html.
I'm in China right now... Just about every banks in China sells gold coins alot of these banks minted their own coins and bars. But I haven't came across any bank who sells silver. To buy silver in China you probably have to go to big bullion/gold stores. Gold is pretty much widely available everywhere in China.
Oh cool! Another stacker in China now! Whereabouts are you? I'm in Shanghai. In Shanghai there are a lot of banks that are selling silver and gold (ETFs, bullion and coins). But yeah, gold is definitely more available than silver.
