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A place to bounce around ideas and information... in general just chit chat... Because we're all different, and yet, we are all the same, just like zebras.

Topics: Silver, Gold, Financial Markets, Commodity Markets, Politics, Global Geopolitical Eco-Finances, Globalists, New World Order, Freedom, Health, Agriculture & Crops, GMOs, etc...

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Wednesday, April 20, 2011

The Chinese Silver Bullet

Here's a good one on silver demand in china. It's an older video, but still worth a watch. As Americans we are used to thinking that we are the primary consumer demand in the world. This may have been the case 50 years ago, it's not anymore. The rest of the world understands and appreciates physical silver and gold. So you want to travel? The rest of the world won't always accept FRNs in the future. They will accept gold and silver.

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From the blogsphere:

The Guangzhou Daily reported that a man went into a local bullion dealer in Guangzhou and bought 10 million RMB worth of physical silver. This amount converts to roughly $1.5 million USD. This Chinese investor and his assistants brought in eight suitcases full of cash to complete the transaction. I wanted to point out about physical silver is - market price - paper silver has a price determined by the banks, where as real silver has a price determined by the market. With physical silver you can refuse to sell for a particular price and try to find a different buyer whereas with bank silver there is a fixed price and all buyers are considered to be the same. They "make" the market.?

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