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<p>[QUOTE=&quot;medoraman, post: 7808732, member: 26302&quot;]I agree China used to demand payment in hard money. Maybe it was from me where you read how China was the end destination of silver on the silk road. However, they also accepted gold, but most countries were unwilling to send them gold, wanting to keep it for themselves to pay off barbarian attacks, etc. China also accepted jade, but westerners did not have a source for that.</p><p><br /></p><p>I am just saying the GSR is dangerous to play. It is as likely, (to me more likely), that gold has higher than historical demand rather than distorted lower silver demand to explain it.</p><p><br /></p><p>Its a lot like shorting stocks. Not only do you have to be right its going down, but your timing has to be perfect. Many people went bankrupt predicting the dot com and housing crashes, but were too early and got wiped out.[/QUOTE]</p><p><br /></p>

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