- Joined
- May 5, 2022
China now requires a special permit to export silver outside of China. This has caused a run in the HK silver market on the 31st/1st.
This legislation was passed back in October but it just went to force. There are rumors of a ban for silver exports to the USA that is unstubstantiated.
Here's the link to the Chinese Ministry of Commerce announcement (archive).
Stonks thread
Precious metals thread
This legislation was passed back in October but it just went to force. There are rumors of a ban for silver exports to the USA that is unstubstantiated.
Here's the link to the Chinese Ministry of Commerce announcement (archive).
Here's the original proposed regulation (archive)V) Export licenses are required for the export of [...] silver, platinum (exported through processing trade), indium and indium products, [...] exported through the above trade methods, require export licenses based on import customs documents and export contracts.
VI) For the export of goods listed in paragraph five under processing trade arrangements, unless otherwise stipulated, an export license shall be applied for with the relevant approval documents, customs import declaration form for processing trade, and the goods export contract.
Stonks thread
Precious metals thread























