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[Hide] (730.3KB, 1170x1174) >>433
They don't really have the final say. If they don't allow silver to climb, but the chinese allow it to pump at their Shanghai exchange, then this opens up arbitrage opportunities. This actually played out last spring. The west was forced to follow China's pricing. There was a small lag between the western spot prices and those in the east which kept on rising. I was still sitting on a bunch of cash that I wanted to buy silver with (not gold because it had alrady pumped bigly) but I was planning to wait for the summer or fall lows like in previous years. But when I noticed what was happening, I decided to buy immediately. I wasn't very happy with the prices, because my target for .999 silver coins was "under 24 euro/oz" and by then every 1 oz coin was over 28 euros. Luckily one dealer had some prior year libertads on sale for around that price, so I bought an entire monster box of those. That's the only thing that made the higher prices palatable for me. And today you can't even find anything below 35 euros... Current spot price is exactly 1 EUR/g so 31.1/oz. And the physical coins usually have around 17% premium.
>>434
They need factories, but they also need lots of computers, robots, and related stuff (batteries) to run their 4th industrial revolution. All of this needs cheap silver, and lots of it. So just keep stacking the silver so they can't have it. :)