big trouble at mill: usd, page-5

That was a very shrewd article.

I have often referred to the lock-in of commodities by the Chinese and this promotes price rises.

Articles have appeared about silver shortfalls for years and yet, the dark horse: China was never heard from.

But then suddenly they let something go, proving they are one of the biggest silver producers in the world:

http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=245844#760768

So, the shortage in silver was made up by them to some extent and by India.

Chinese don't need to use an exchange when selling silver, they can sell direct to the user.

Unless they are trading in a big way, of course.

Gerry