hey dub..this extract from the market oversight committee GFMS...

hey dub..this extract from the market oversight committee

GFMS estimates that net government sales have totaled about 504 million ounces, with most of that total occurring since 1999. The Chinese government has been a significant seller of silver in recent years. For example, GFMS estimated that Chinese government sold 57 million ounces in 2003, which represented 69 percent of all net government sales for that year.

the hassle of storing silver still has to be a better return to the chinese than the trillions of u.s dollars held...that are currently and will continue to dive in value.