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<p>[QUOTE=&quot;fatima, post: 1317276, member: 22143&quot;]Just as a FYI, Hong Kong operates independently from Communist China.&nbsp; It has it&#039;s own legal system, laws, and most importantly, its own currency that is separate from that of mainland China.&nbsp;&nbsp; This was by treaty with the UK when it was turned back over to the Chinese.&nbsp; China, could abort the treaty at anytime, but the repercussions would be pretty harsh and certainly not worth the the gains by playing around with the silver market.&nbsp; </p><p><br /></p><p>At least the reason of making the metal cheaper is a more plausable explanation as compared to the nonsense above, but I don&#039;t think this is it simply because I don&#039;t think the Chinese hold silver in high regard as a preservation of wealth. (I could be wrong) From what I can tell, that position is held by gold much more there, than here. </p><p><br /></p><p>In any case, I can&#039;t see any possible scenario where JPM would agree to &quot;guarantees&quot; against losses from the Chinese government or the USA allowing it.&nbsp; If the Chinese changed their mind, guess who ends up with the mess.&nbsp; &nbsp; IMO, the most plausible reasons are the ones given in the OP and what evidence there is, supports it.[/QUOTE]</p><p><br /></p>

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