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Who is Buying all the melted silver and gold?
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<p>[QUOTE="jolumoga, post: 1717270, member: 41780"]A lot of the gold is being refined and shipped to the world's central banks, which are net buyers, as well as to India and China for the general public. As for silver, most of it is probably going to industry, though some of it is used for jewelry and bullion. With gold, you are dealing with central bank whales; with silver, you are dealing with many small fish stacking ounces of silver.[/QUOTE]</p><p><br /></p>
[QUOTE="jolumoga, post: 1717270, member: 41780"]A lot of the gold is being refined and shipped to the world's central banks, which are net buyers, as well as to India and China for the general public. As for silver, most of it is probably going to industry, though some of it is used for jewelry and bullion. With gold, you are dealing with central bank whales; with silver, you are dealing with many small fish stacking ounces of silver.[/QUOTE]
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