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<p>[QUOTE="desertgem, post: 1835192, member: 15199"]Since PMs are a commodity, anyone ( me or you, if we had the money) can buy contracts on the open market. Since China would have to pay the going contract price like anyone else, and someone had to sell the PM to them at the going price. If there was any great demand of the PM at those prices, other countries ( maybe also the US for their bullion coin program) or monetary funds , would be buying also and the ask price would go up. This doesn't seem to be the case, so I wouldn't expect the buying or selling by any major company or country to change the financial path of PM. The question one needs to explore is why are some countries buying PM and others aren't. Its not because they don't trust paper, it is more to manipulate paper assets, both their own and other countries. If the stock market, the dollar and all other paper financials were so shakey, why doesn't other countries pull out? Mainly, IMO, our economy is better than theirs.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1835192, member: 15199"]Since PMs are a commodity, anyone ( me or you, if we had the money) can buy contracts on the open market. Since China would have to pay the going contract price like anyone else, and someone had to sell the PM to them at the going price. If there was any great demand of the PM at those prices, other countries ( maybe also the US for their bullion coin program) or monetary funds , would be buying also and the ask price would go up. This doesn't seem to be the case, so I wouldn't expect the buying or selling by any major company or country to change the financial path of PM. The question one needs to explore is why are some countries buying PM and others aren't. Its not because they don't trust paper, it is more to manipulate paper assets, both their own and other countries. If the stock market, the dollar and all other paper financials were so shakey, why doesn't other countries pull out? Mainly, IMO, our economy is better than theirs.[/QUOTE]
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