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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Alex who wrote (46886)1/10/2000 1:15:00 AM
From: PaulM  Respond to of 116764
 
CHINA DENIES SELLING SILVER OVERSEAS, CALLS MEDIA REPORTS GOSSIP

quote.bloomberg.com

Hello hope all is well.

Here we have another seemingly botched, precious metal sale announcment in advance. Or not.

What is so amazing about this denial is that just about every news service carried the sale story several times a day for the past three or four days.

My take? It was two years ago Jan/Feb when silver prices and lease rates went throug the roof. The same happened one year ago in January/Feb. Could it be that some silver loans again need to be rolled over in the coming weeks (i.e, a lender. maybe a Buffett, wants his silver)? See, e.g., gold-eagle.com