China increasing physical silver buys.

Discussion in 'Silver' started by QLDSILVER, Mar 8, 2012.

  1. QLDSILVER

    QLDSILVER Member

    Joined:
    Aug 22, 2011
    Messages:
    271
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Gold Coast QLD
  2. Stedlar

    Stedlar Active Member

    Joined:
    Aug 16, 2010
    Messages:
    1,053
    Likes Received:
    15
    Trophy Points:
    38
    Yes yes.

    It imminent.

    Still
     
  3. grinners

    grinners Active Member Silver Stacker

    Joined:
    Mar 19, 2011
    Messages:
    1,183
    Likes Received:
    3
    Trophy Points:
    38
    Location:
    Australia
    It really feels like groundhog day sometimes doesn't it...
     
  4. Dirtbikepilot

    Dirtbikepilot Active Member

    Joined:
    Aug 23, 2011
    Messages:
    1,225
    Likes Received:
    3
    Trophy Points:
    38
    Location:
    Ubiquitous
    Yep, read it last night and thought the same thing
     
  5. mike titanic

    mike titanic New Member

    Joined:
    Jan 12, 2012
    Messages:
    183
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    USA
    It would follow that if there are large purchases at $33-$34 dollars then that will be a base for the future.Little guys like me can never stack the tonage that the big guys can,BUT we can keep stacking and holding it until it arrives at the price that we would feel good about selling.Just MHO.
     
  6. hihosilver

    hihosilver New Member

    Joined:
    Sep 23, 2010
    Messages:
    622
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    +1 :p That Kings World News are full of bulls more like bullshitters :lol:
     
  7. Recent

    Recent New Member

    Joined:
    Apr 17, 2011
    Messages:
    80
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Maybe because G/S are in a bull market.......its a great web site if you ask me...........
     
  8. Nukz

    Nukz New Member

    Joined:
    Oct 2, 2010
    Messages:
    543
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    I don't even get why China would look at silver they have 3 trillion in USD if they spend just 30 billion they own the whole silver market anyway. I can understand Chinese people buying silver because of advertisements on CCTV ect.

    This is the same "london trader" that everybody quotes dare i say he does not exist.
     
  9. Silverthorn

    Silverthorn Well-Known Member

    Joined:
    Apr 29, 2010
    Messages:
    2,505
    Likes Received:
    28
    Trophy Points:
    48
    Same reason they buy copper I'd guess.

    http://www.businessweek.com/magazine/copper-china-redgold/
     

Share This Page