Friday, May 6, 2011

China Buying Silver Overnight

I'm glad I bought some silver equities last night and at the open this morning.  The paper futures prices have been plummeting, allowing the Chinese to buy physical bullion at discounted prices.  This will exacerbate the physical shortage, and will backfire on the shorts who are manipulating futures prices down.

http://www.zerohedge.com/article/china-buying-silver-overnight

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