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Gold and silver prices are skyrocketing, investors are frantically buying, jewelers are fleeing, and everything feels chaotic.
In the face of sudden wealth, you can't imagine how crazy people can get. Any jewelry store, just creating a small program, with no financial qualifications, dares to sell gold and silver futures. One dares to sell, and the other dares to buy.
Physical gold can't be seen, only the price is cheaper than other platforms. Chinese people dare to buy, and many invest hundreds of thousands or even millions.
These shady platforms don't really have gold or silver. From the very beginning, they had a plan to cheat.
They claim to ship in 15 days, but in reality, they have no stock to ship, turning it into futures, not spot trading.
If the price drops within 15 days, they buy from the market and send it to you, making a profit from the price difference.
If the price rises after 15 days, and many want to withdraw their funds, causing a run on the platform, they delay, keep delaying, until your confidence collapses.
Just like the current chaos at Shuibei in Shenzhen, they come out and say they can pay back at 10% of the original amount. If you want to get your principal back, they won't give it to you.
Think about it, this is very similar to the previous Ding Yifeng scam. Some people can't withstand the pressure, thinking it's better than nothing, so they sign an agreement to exit, and these jewelers make huge profits!
Some disagree and continue to wait. In fact, most of the money has already been transferred out and is no longer under the control of the actual owner. Even if you want to get it back, you can't.
Platforms like this are not rare. There are plenty in Shuibei. Everyone must guard their own money and not trust any shady platform. They are just plundering your funds because making money this way is too fast.
Seeing these cases makes me more convinced of a harsh reality: there is no way to get rich quickly in this world. If there were, it would be through plundering and transferring others' wealth—that's the fastest way. There are legal and illegal ways of plundering, but most people end up being illegally robbed!#金价突破5200美元