Chinese perspective on silver

[Saabman]

This a recent article that caught my attention............

http://www.financialsense.com/contribut ... -parabolic

[Sheikh_yer_Bu'Tay]

Aww, you beat me to it! I was going to post this article. Way to go!

[rsk1963]

Excellent article, makes me happy (prices for my existing hoard) and sad (purchases price for my future hoard).

Think these treads will continue over the comming years, expontential growth or steady off? At some point and time they have to stabalize, but how far out?

[Sheikh_yer_Bu'Tay]

"What is the Mandarin term for “The mother of all short squeezes”? "

所有的母亲挤出 (from google translate)

More fun in store for us physical hoarders as the Chinese throw away their wealth from fiat money into fiat silver contracts.

[agmoose]

Excellent article. Wonder when those "silver houses" will start seeing customers demand physical in exchange for their paper. Is it months, years or decades down the road I guess would be the question.

Also - if or when US banks will ever get into the silver game..........

[wbeck]

It always saddens me when I read about how much more intelligent people are in some of these developing countries like China and India. They have their heads screwed on more straight than rich westerners on many basic fundamentals of how things REALLY work. People here are so sheltered and have bought into all the BS "the man" spouts. The Chinese realize you need a real economy, and things of real value. I think India and China alone will keep PMs going up steadily, but we do have people getting hip in the west as well. That spells nothing but up, up, up for a long time to me.

I need to buy more silver!