I don't know how accurate this is, but I read with interest the below posts from a site that indicates that either a Chinese individual or consortium is trying to buy as many 1oz PM coins as they can get their hands on - while they can still get them. It was first mentioned in this post on Friday: http://silvergoldsilver.blogspot.com/2011/08/exclusive-china-or-one-chinese-buyer.html#links and then repeated (with confirmation from other dealers) in this post: http://silvergoldsilver.blogspot.com/2011/08/cot-report-perth-mint-my-poker-game.html#links I've been following this guy for quite some time and to date he has been pretty much on the money with most of his postings, but I have no association with him or his website so until the PM confirms this one way or the other we just don't know. Maybe Bron can comment.
It's been covered here: http://forums.silverstackers.com/to...to-become-reserve-asset-for-central-bank.html To put it nicely, it is bollocks.
