“The Chinese want out of dollars and they will continue aggressively purchasing both gold and silver in order to diversify. They don’t care whether silver is $50, $60 or $100, they will just continue accumulating. The Chinese may be patient buyers, accumulating on weakness, but you can bet that their relentless purchases of physical silver will eventually push the price well over $100 an ounce.”
Read the full story here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/4/25_London_Source_-_Asian_Buyers_Will_Take_Silver_Over_$100.html
- King World News, London Source
