Precious Metals
China and Hong Kong understand the importance of gold to provide stability and confidence to the financial system. China is increasing backing its economic trade with gold.
With most of the world’s precious metals flowing to the East we believe that global price setting and market dominance will also be in the East, with traditional western markets such as the COMEX and LBMA losing physical product and becoming increasingly less relevant.
We are one of the few companies run by Europeans to offer western customers more competitively priced Hong Kong and Dubai precious metals at purities of 99.99% as an alternative to western LBMA products.
Because of its successful economy and very low debts levels (10% of GDP), Hong Kong is a low tax location with no VAT or capital gains tax on precious metals. Corporate companies also pay no CGT if precious metals investments are held for over 2 years. Dubai also offers similar low tax opportunities, no VAT and 9% for investment companies. This is good for purchasing and storing precious metals in Hong Kong and Dubai.
Hong Kong and Dubai are the world’s two largest precious metals markets, with deep liquidity and the most competitive, best price discovery. These markets also provide customers with the best price opportunities for the sale of their precious metal’s investments.
Precious Metals Purchases
There are 3 important steps for wealth preservation with precious metals.
- Buy certified precious metals at the best market price
- Store precious metals at a competitive cost, in the safest jurisdiction (politically and economically)
- Eventually sell your investment in precious metals in the biggest, most liquid market for speed of sale and at the highest market price.
Seaside Precious Metals is uniquely placed to provide all 3 of these requirements.
The world’s two largest precious metals markets are in Hong Kong and Dubai and we have close affiliations with wholesale refineries in each of these markets, allowing us to access certified 99.99 purity gold and silver at the lowest market prices.
These two markets also provide the best place to sell precious metals quickly and smoothly at the best market prices.
Call our offices in Hong Kong or Dubai for more details.