Who Let China's Silver Bulls Out?
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Uploaded by compelled2283 on Aug 10, 2009
Quick and easy way to purchase silver:
http://silversnowball.com/1861/
July 30, 2009
Official Chinese TV announced last week that silver bullion is now available for the investing public. China, once on a silver standard where nobody knows today what happened to the hoard, now offers 500 gram, 1-, 2- and 5 kilo bars. The newslady alluded that silver is comparatively cheap to gold, citing the current gold-silver ratio of 1:70.
I could not think of a fundamentally bigger bullish sign for silver than China's move.
- 68 likes, 2 dislikes
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Top Comments
All Comments (55)
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This is an excellent commercial. Good luck trying to get the US to advertise silver!
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Chinese got it going smart.
Beware of China.
Remain vigilant.
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I just can't trust the Chinese...
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There are approximately 25 billion oz of silver above ground verses 4.25 billion oz of gold. That is a gold to silver ratio of 1/5.88 with gold spot price at $1,500 silvers spot price right now should be $255.00 an oz. Silver is the best investment of our life time. The banks will not be able to manipulate the price of silver much longer, soon the price will reflect supply and demand.
Investing in silver now is the best investment of our generation. The best thing you can do for your retiremen
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@asperin Oh me fucky sucky silver rong time solja boy!!
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@cdickenson64 Yep, It's called hyper-inflation.
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@DackIsBack the US Government is devaluing the dollar by printing more money and going continually deeper in debt.
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The Chinese are trying to devalue the dollar!!!
Isn't that obvious?
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Me like it silver long time -__-
asperin 2 years ago 17
Dear God with over $2 trillion US dollars in reserves they could buy the entire world supply of silver over and over... and that's just the government! =O
Blagio1414 2 years ago 10