Secret Silver Buying by Russian Billionaire, Chinese Traders, and People’s Bank of China to Lead t

Does anybody know if there's anything to this? I had previously heard rumors of this occurring.
www.bestmetalresearch.com...
If this is so, then Silver will continue it's rise and perhaps even quicker.

reply to post by redgreen


Yup, silver becoming more and more worth was mentioned in the Turkish media a week ago.

Eventhough its prices fluctuate, you will profit at the end of the day. They prices are increasing faster than gold.

The elusive Comex default has been a no-show for several years running. As you'll see in the 2min video clip, Russian buyers were supposed to crash the Comex back in December 2008...it never materialized. I wouldn't hold my breath waiting for a "technical" default. Comex regs allow for the exchange to settle contracts in a variety of cash arrangements [plus penalties] in the event that clearing members can't deliver. Having said that, a large scale failure to deliver would put upward pressure on prices, and destroy the reputation of the US commodities exchange as a reliable source for accurate price discovery....one of it's primary functions.