http://www.financialsense.com/contr.../01/chinese-silver-investment-going-parabolic it can't last forever until the bubble burst, OCCUPY PHYSICAL!!!!!!!!! The key factor to pay attention to is that most of these silver purchases are forward contracts and not the actual physical silver. What happens when Chinese investors demand physical silver instead of paper silver?
Funny you mention that - I have a really good friend from Beijing working in London - she works for a concierge company looking after multi-millionaire Chinese clients as they swan about the World. She's asked me for a meeting in London when I head back at the beginning of December - to source high-value items for gifts & complimentary 'freebies' eg the Dragon Typeset and 10oz Silver BU dragons... plus 1kg gemstone dragons & 10kg coins. Anyone here with contacts willing to share please hit me up VRS x
"Chinese silver trading is largely a paper market today. Chinese Banks are selling paper silver in massive amounts which will no doubt continue to double or triple year after year. These paper silver contracts are redeemable in silver bars at the banks yet the banks do not have the silver. Chinese investors are often fickle and enjoy hard assets. What kind of short squeeze will develop when Chinese banks are forced to go onto the open market and buy physical silver to support Chinese investors when they switch from paper silver to physical silver?" OCCUPY PHYSICAL is where we do the BEATING! sometime this decade the camels back will brake and the bubble will burst. with global numbers behind the never before seen spike in the bull market the 1980 high will look like a blade of grass in a forest.
[youtube]http://www.youtube.com/watch?v=PqFpl31UwPI[/youtube] [youtube]http://www.youtube.com/watch?v=_cjjTnUnkIc[/youtube] The east leaves the west for dead on these things. Hence the current shift we are now witnessing of new era of global domination by eastern powers.
Rothschild is on the board at Hong Kong Mercantile Exchange. Europe's central banking family always win.
Global demand is snowballing and it hasn't moved into the PHYSICAL investment yet, so the question is how long can this situation last?????
