What is the impact of the 3 15 incident on the silver precious metal market?
20 14 CCTV 3. 15 party revealed that the spot silver trading platform was manipulated. The exposure shows that many precious metal trading companies, such as Changsha Huatang, were exposed to manipulate the spot silver trading to tamper with the order price. Customer funds are like sheep in the tiger's mouth, and spot silver investment has become a gambling game. After such reports, investors talk about "silver" color change! The trading market seems to have lost its enthusiasm and confidence. Then, after the exposure of CCTV, is the fate of the precious metal trading industry "suddenly like a building, like an oil lamp?" First of all, the author emphasizes that there is no problem in the precious metal industry itself. Spot gold, spot silver and so on. As a variety of global transactions, the global daily trading volume has reached more than 20 trillion US dollars. Its price is uncontrollable, and it is also a fluctuating investment. The spot trading mode of precious metals is also relatively advanced (this mode is the mainstream trading mode in the world). Therefore, the original sin of 3. 15 exposure to spot silver is not the spot silver transaction itself. The author believes that what is wrong is the poor self-discipline of the industry, the short-sightedness of the illegal exchanges on the industry prospects, the lack of supervision and guidance of relevant departments, and the personal greed of investors. From the industry itself, China's spot gold and silver is still in the development stage. With the barbaric development of precious metal industry in recent two years, according to incomplete statistics, there are more than 1000 domestic precious metal trading platforms and tens of thousands of agents. A large number of nonstandard platforms make illegal profits for short-term benefits by manipulating and changing data, controlling customer transactions in the background, and tampering with customer order prices. 3. The exposure of15 is believed to sound the alarm for the industry, rectify the reshuffle and standardize the development. At the same time, it also advocates major investment companies to strengthen customer training and put an end to ugly behaviors such as financial management on behalf of customers and malicious billing. Only by rectifying, perfecting and banning informal platforms can we standardize and guide the development of the industry, so that what finally exists in the market is a truly legal platform and an industry that benefits the people. From a national perspective, Internet transactions and Internet finance are developing rapidly and changing with each passing day. National laws, regulations, policies and supervision may not be updated in time sometimes, which is slightly slower than the development of the times. However, just like the news of Alipay's rectification at this time, we can see the country's efforts and determination to regulate the electronic trading market. In fact, only by leading the whole industry from free growth to standardized guidance and giving full play to the dual role of market and government supervision can this industry develop better. Therefore, we urgently hope that the relevant departments will severely crack down on illegal exchanges and illegal transactions, strengthen industry norms, formulate more perfect relevant systems, and vigorously support the healthy development of formal and legal exchanges. I believe that through the correct efforts of relevant departments and professionals, the precious metal market in China will definitely return to the pure land. Finally, from a personal point of view, to see that the financial market is a highly specialized market, investors need to have a deep understanding of products, changes in international economic patterns, geopolitical relations and other factors. Therefore, it is suggested that people without investment foundation should not easily participate in the market, or it would be better to get involved in the market after professional training. At the same time, if investors are lured to take the bait because someone or an advertisement says there are high returns, and their losses are caused by their own greed, then it seems that they should be cleared of the crime of forcibly deducting spot silver. So don't listen to the false propaganda of the business personnel of the investment company and join blindly. Finally, fortunately, in this spring, we heard some warm voices. Guangdong Precious Metals Investment and Financing Association solemnly proposes to all precious metals investment and financing enterprises to express its deep responsibility and obligation to protect the legitimate rights and interests of all parties involved in the precious metals market, guide member enterprises to rationally regulate their operations, and promote the sustained and healthy development of the industry. Recently, a large-scale national silver investment competition jointly organized by Sohu.com and tianjin precious metal exchange has also begun. This provides a formal channel for investors, and really allows all those who are interested and want to learn to participate, which embodies the significance of harmonious development. Therefore, there is no need to worry about the fate of the precious metal fairs such as silver, which are suddenly like the first floor and an oil lamp. Because every market needs a process to mature. Only after experiencing the baptism of big winds and waves will the market be more orderly. Let's wait for the arrival of a beautiful era!