http://kingworldnews.com/kingworldn...e_Physical_Silver_Orders_Filled_Near_$33.html "London trader" states whats going on with physical silver at the moment.
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.
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.