Bilal Çay, who has been a money changer in Kayseri for 25 years, said that illegal transactions can be prevented with regulation and said, “We can say that gold prices have been decreasing for the last 10 days. We can even say 2 weeks. These are opportunities for investment. We can also call these declines buying opportunities. Since gold is the safest haven, we can say that it is a long-term investment tool that investors prefer rather than foreign currency. At this point, the state has made a decision for the investor. I think it is a decision taken to prevent illegal purchases and transactions. For transactions over 185 thousand TL and its multiples, identification will be required. “We think it is right to do something like this to control this,” he said.
Çay said that tradesmen should also be careful about this issue and said, “As a result of the decision taken by the state, we will ask our customers for their IDs, but we do not know how we can intervene here. Of course, there will be people who don’t want to give. But ultimately we will have to take it. There will definitely be investors who are afraid of this situation, but since this is a matter of bilateral trust, we always have infinite trust in our state. We think it is the right decision to ensure control over illegal transactions. “Our tradesmen should also be careful in this situation,” he said.
