1. In addition, some netizens said that after Kim SungGyu Metal made a profit, the other party wanted to delete the profit and deduct part of the principal on the grounds of illegal trading. In the official reply email, it was found that Kim SungGyu Metal copied several users in the same official reply email. In other words, more than one or two users were deducted from the platform's illegal transactions. Customers of Kim SungGyu Metal Company have many complaints. Most members admit that there are many problems in the platform, especially the abnormal slippage, refusing to give money and inducing transactions through "gift giving" activities. Therefore, this Kim SungGyu metal platform has no compliance supervision, many customer complaints, unsafe funds and poor trading environment, so it is not suitable for investment. If a trader does not give money when encountering a foreign exchange platform, there is only one possibility, that is, encountering a foreign exchange black platform. Therefore, to be on the safe side, traders are advised to supervise the operating accounts of more formal and reputable foreign exchange brokers to avoid giving money.
2. Precious metals mainly refer to eight metal elements such as gold, silver and platinum group metals (ruthenium, rhodium, palladium, osmium, iridium and platinum). Most of these metals have bright colors and strong chemical stability, so they are not easy to react with other chemicals under normal circumstances. Precious metals investment is divided into physical investment and electronic transaction investment. Physical investment refers to the process that investors earn the difference by buying low and selling high when they are optimistic about the precious metal market. It can also be used as a hedge when the economic prospect is not optimistic, so as to maintain and increase the value. Electronic trading refers to the determination of buying or selling according to the market price fluctuation of precious metals such as gold and silver. This kind of transaction is generally leveraged, and it can get a greater return at a lower cost. With the increasing threat of inflation, the global economic turmoil and the outbreak of the world financial crisis, the demand of precious metals investment, which has the function of maintaining value and avoiding risks, has shown an explosive growth trend.
3. Precious metals can resist currency changes and price increases caused by inflation because of their high liquidity and risk aversion. The Precious Metals Conventional Trading Center pointed out that under the influence of the State Council Document No.38, the central bank and other five ministries and commissions jointly issued a document prohibiting any institution or individual except Shanghai Gold Exchange and Shanghai Futures Exchange from setting up a gold exchange or gold trading platform. Relevant documents show that in 20 1 1 year, the State Council issued document No.38, "the State Council's decision on cleaning up and rectifying various trading places and effectively preventing financial risks".
Document No.4.38 points out that no unit may conduct centralized transactions such as centralized bidding, electronic matching, anonymous trading and market maker except for futures trading places approved by the futures regulatory authorities in the State Council or the State Council according to law. The transaction method is to conduct standardized contract transactions. Trading places engaged in the trading of financial products such as insurance, credit and gold must be approved by the relevant financial administrative departments of the State Council. At present, precious metals investment in China is dominated by spot silver and some physical gold that can be traded on trading platforms, including many illegal platforms, such as Loco London Gold and London Silver, all of which are quoted in US dollars. There have also been many fraud cases over the years, which require investors to be cautious.