Why (and How) is China Secretly Buying Silver in the Millions?

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  • Опубликовано: 14 ноя 2024

Комментарии • 104

  • @ptaeiy-n2h
    @ptaeiy-n2h 2 месяца назад +37

    China is not even waiting for final refined products from these refiners. They are buying silver dore( w/silver gold content) straight from the producers and refining them back in China.

  • @zinmintun2001
    @zinmintun2001 2 месяца назад +32

    Chinese views precious metals as long term hold and unlike Americans who want to get short term profits.

    • @scsmith4604
      @scsmith4604 Месяц назад +4

      Everything in China is about the long term. And the long term to them is measured in generations or centuries

    • @jimmarshall5453
      @jimmarshall5453 25 дней назад

      The capitalist system is all about short term profits no matter what the consequences. That's why it is doomed to fail. Unmitigated greed.

  • @Mythological321
    @Mythological321 2 месяца назад +10

    I am liking the APMEX angle. You guys a calling it true. Hope you are never compromised and continue to purse integrity in reporting. Thank you. Genuine explanations not fake news.

  • @01menyou
    @01menyou 2 месяца назад +33

    This is not the reason silver is surpressed.
    It's surpressed to discourage you buying it.

    • @tomcharlesworth1653
      @tomcharlesworth1653 Месяц назад +1

      Its not the reason why silver is suppressed, but it is the way in which China and other countries which have big silver demand are taking advantage of the suppression to increase their inventory without it hitting the market stats which are generally based on refined silver.
      We can argue about the reason for the long term suppression of both gold and silver but i believe that both are being suppressed to hide the weakness in the fiat system, and particularly the USD against which both are traditionally priced in order to extend the life of the USD as the worlds reserve currency.
      Don't forget that its only since 1971 that the gold standard was dropped. Before that (with a couple of minor exceptions) the worlds reserve currency had been backed by gold and silver for hundreds or even thousands of years.

    • @donarmando916
      @donarmando916 Месяц назад

      @@01menyou and because the industry wants cheap Silver.

  • @TheMidnightGardener13
    @TheMidnightGardener13 Месяц назад +8

    A brilliant and concise video, executed perfectly and to the point! Thank you. I’ll be happily sharing this one around 👍🏼

  • @DWMurry
    @DWMurry 2 месяца назад +16

    Explains why silver is worth more on the BRICS reports.
    Get ready for a MASSIVE adjustment folks. Watch for the taxing plans on investment metals.

    • @rudeawakening3833
      @rudeawakening3833 2 месяца назад

      Say that it isn’t so …

    • @MyThai1612
      @MyThai1612 2 месяца назад

      It’s getting a amazing time with BRICS 🫵🏽😎

    • @draupnir9748
      @draupnir9748 Месяц назад +1

      Silver is taxed already and gold will never be taxed because the rich don't want that.

  • @hokroeger
    @hokroeger 2 месяца назад +23

    China isn't "secretly" buying silver. China is simply buying silver, and there is no law that forces China to inform the US government when it buys silver, gold, or anything else in the world.

    • @grumpy3517
      @grumpy3517 Месяц назад

      Exactly right... But a lot of the problem lies with the miners who sell (or maybe are forced to for economic reasons) dore futures to the refiners in China and elsewhere.

    • @JaxxHax
      @JaxxHax Месяц назад +2

      The point of “secretly” is unannounced or that it doesn’t directly effect spot price, he didn’t say “illicit”

  • @Missionmtman
    @Missionmtman 2 месяца назад +19

    This is an amazing channel. The quality of the videos and content are top class.

    • @rudeawakening3833
      @rudeawakening3833 2 месяца назад +2

      I agree !
      And the honesty is so refreshing !

    • @Ev3ntHorizon
      @Ev3ntHorizon Месяц назад +1

      100%, very polished content, and as a bonus, I finally understand contango!

  • @cultureofcurrency
    @cultureofcurrency 2 месяца назад +4

    Good stuff as always my friend.

  • @jasonsouza9053
    @jasonsouza9053 2 месяца назад +6

    I kind of wonder if this just happened with First Majestic. I wonder if they have a deal with a major power. Seems like they came into a lot of money. Bought out another miner and initiated a share buyback program. Stock rose 32% in 5 days. Outpacing most of their peers.
    It makes sense. If I were China, I'd want to buy the silver from out of America's backyard(while they still can).

    • @rudeawakening3833
      @rudeawakening3833 2 месяца назад

      Well if Mexico gets accepted and joins the BRICS + nations ; game over for many people and companies . Total GAME CHANGER if that happens . As a man with 100% allocations to physical silver - I sure hope that it does …

  • @kohcc5
    @kohcc5 Месяц назад +1

    Yes, from the prices movement of Silver, we can tell that some entities are trying to push down the prices steeply within a few second/minutes. I thought it was Comet or some LME but now I think there are others that wanted to accumulate Silver at lower prices.

  • @stefang3709
    @stefang3709 2 месяца назад +6

    so to sum it up the silvermarket is manipulated.

  • @jctai100
    @jctai100 2 месяца назад +15

    Smart moves, we have a lot to learn from them

  • @donarmando916
    @donarmando916 Месяц назад +3

    There is no such thing as secret buying in the millions. As soon as the amount becomes significant in the tiny Silver market, large purchases are not going unnoticed and that's why this video exists in the first place. It is also not possible that large amounts of physical Silver can be purchased without affecting the price, unless there is way more physical Silver laying around than officially stated. Not only that, but you will also have to find somebody willing to sell that quantity at current prices. So, if they did, it means, no Silver shortage in sight anywhere. I don't buy the theory that China is buying concentrated ore and refine it elsewhere, because even if concentrated ore is delivered instead of already refined Silver, it would affect the ability of miners to deliver refined Silver to the market and that would have to have an impact on the price.

    • @davidmcguerty8405
      @davidmcguerty8405 26 дней назад

      Maybe China is buying lots of silver by using thousands of individual people posing as just retail buyers. Like shell corps. But also as shipments of silver ore so it's off the radar.

  • @absolutebaastard
    @absolutebaastard Месяц назад +2

    I’m from New Zealand and I’m new to silver stacking. Bought my first 5 1oz silver coins from Perth Mint. Would these be good to invest in? Or should I invest more in the “coin of the realm” as the silver stacking community would say.

    • @RiazKhan-el9nh
      @RiazKhan-el9nh Месяц назад +1

      I buy what i really like,might have to wait for a really long time before selling.

    • @Carlos-wz7vm
      @Carlos-wz7vm Месяц назад +2

      Whatever you get, make sure you always pay the lowest premium possible and has a good resale. Meaning , whatever you pay to resale value has the narrowest loss. And not sure if you pay tax over there, but if you do , that just adds to the premium cost.

    • @fredsting6737
      @fredsting6737 Месяц назад +2

      Big bars only. Coins are for collectors.

    • @MartinD9999
      @MartinD9999 Месяц назад +2

      No collector stuff until you have your basic stash. No need to buy the “coolest” or “popular” coins/bars.
      Basic silver from reputable dealers only. No ebay or Craigslist stuff.

    • @harmindersingh4442
      @harmindersingh4442 Месяц назад +1

      Coins or bars anything will do. But don’t buy fancy or colorful once’s. I been buying silver for years even what I wear but must be in pure silver 9999

  • @mpetty9947
    @mpetty9947 2 месяца назад +10

    In the China market where silver is traded 10% ABOVE the Comex price every day. They need more silver to produce Solar panels, and electric vehicle batteries. Silver will pop over 100.00 per ounce when the Comex silver is 100% drained down. It could be 2 or 3 more months.

    • @darinthesecularspiritualist
      @darinthesecularspiritualist 2 месяца назад +1

      Mbridge in October

    • @Call_me_The_Breeze
      @Call_me_The_Breeze Месяц назад +2

      They have to many Solar Panels and the world is not ready for 100% EV's

    • @lotsofthisandthat9791
      @lotsofthisandthat9791 Месяц назад

      Hearing this is right around the corner for 20 yrs

    • @praetorian9196
      @praetorian9196 29 дней назад

      @@Call_me_The_Breeze They don't have because 1 billion Indians and pakistany on consumers market,in 1 year max.

  • @pauldeman8622
    @pauldeman8622 Месяц назад +1

    Thank you China for not permitting the silver price to raise that I can buy some also. Respectful greetings to JP Morgan 😊.

  • @bvierville1
    @bvierville1 2 месяца назад +1

    Thank you

  • @mosqutio88
    @mosqutio88 Месяц назад +9

    I've been in the US military for a decade and I've been told China is going to invade this year, that year, which is now a perceived problem rather actual problem. I've decided to focus being retired and am living in a peaceful life with my gold, real estate, equities, health, and family.

  • @mutantryeff
    @mutantryeff 2 месяца назад +10

    There is another layer to China's economics. China is spending something like $1.4T to combat deflation. This deflation can cascade around the world. One way to counter deflation is to squeeze commodity markets to make the costs to produce items higher to counter deflation.

    • @dthomas99
      @dthomas99 Месяц назад

      China and HK Stocks just rocket up. China is not collapsing...another CIA funded LIE.

  • @mbnesbitt
    @mbnesbitt Месяц назад +5

    The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future

  • @BilalBilal-cl4ki
    @BilalBilal-cl4ki 2 месяца назад

    Please make a video about Uganda Gold discovery & effect on Gold prices?

  • @grumpy3517
    @grumpy3517 Месяц назад

    If a market can be manipulated, it will be, especially with today's means. That counts for all publicly traded goods.
    The question is : Which side has more leverage?

  • @spiritofgoldfish
    @spiritofgoldfish 2 месяца назад +14

    The only thing new about the Taiwan situation is a more militant US position. China has not changed their policy since Nixon went to China.

  • @gfan003
    @gfan003 2 месяца назад +2

    Well most silver became solar pannels That exported to EU and middle east.

    • @ooigfgnnkhjjnc
      @ooigfgnnkhjjnc Месяц назад

      And nobody recycles them.

    • @praetorian9196
      @praetorian9196 29 дней назад

      Most are in Tomahawk tip and new samsung battery who put to shame the old battery :)))) UPS

  • @otagoaerial1868
    @otagoaerial1868 25 дней назад

    Chinese silver stockpiles; In my opinion the market price of silver is now way too low considering Chinese and global industrial demand and usage versus the 'official' reported mining raw output. I have long believed massive amounts of silver (and many other commodity metals) must be being sold off-book and not recorded by some of the larger miners. The numbers just never add up.

  • @azwelke2638
    @azwelke2638 2 месяца назад +5

    Once this information comes to the surface, the Comex should adjust the price accordingly. Otherwise, China will continue to control the market at the price that they want.

  • @robertwestinghouse4098
    @robertwestinghouse4098 Месяц назад

    This is clever.

  • @RickBlaine
    @RickBlaine Месяц назад

    "For some time now China has been"........... So since 1942 it has been China that has been controlling the price? Gee! Thanks for that.

  • @hardmoney2000
    @hardmoney2000 Месяц назад +1

    And who loses? The producers. Hence why Chinese officials are getting rich while miners in africa have to employ child labor

    • @atcpopo
      @atcpopo Месяц назад +1

      Same goes for American and European banks that short the hell out of the paper market so they can also get the fysical for lower prices ;)

  • @davef.2329
    @davef.2329 25 дней назад

    They shrewdly cut out the middle man.

  • @Call_me_The_Breeze
    @Call_me_The_Breeze Месяц назад

    True but much more to this story-
    Research- BRICS Development Bank
    Like you and I the world does not want our worthless paper money.

  • @graceg2716
    @graceg2716 Месяц назад

    Great more time to buy! Go China

  • @MINDSPARK-u6e
    @MINDSPARK-u6e 2 месяца назад +5

    _We need to get an agent into China and find out what’s really going on get photos of their stock piles of gold and silver, get an analyst to create an estimate to purity and value_

    • @rudeawakening3833
      @rudeawakening3833 2 месяца назад +5

      I was thinking the SAME THING except I want a “ person “ like
      James Bond to go and enter the Ft . Knox vault that hasn’t had an audit that has transparency since the Eisenhower Administration … 😒😂😡

    • @JoeyBlossom
      @JoeyBlossom 25 дней назад

      Good luck with that😂

  • @russelbrown6275
    @russelbrown6275 Месяц назад

    Silver can be made using silver nitrates and electrolysis

  • @mikhailkalashnikov4599
    @mikhailkalashnikov4599 2 месяца назад +1

    By the time markets find the true value of silver, it'll be too late to get any. It'll be like throwing a pitcher of ice water on your wife while she's sleeping.......not good.

    • @grumpy3517
      @grumpy3517 Месяц назад

      The true value is what the buyer is prepared to pay -nothing else.

  • @5150Rockstar
    @5150Rockstar 2 месяца назад +2

    Will the US give Taiwan money next after Ukraine?

    • @rudeawakening3833
      @rudeawakening3833 2 месяца назад +1

      Yes - and anyone else whose vote can be bought .

    • @povarful
      @povarful 2 месяца назад +1

      What money? You mean fiat toilet paper? Money are gold and silver! Learn it better!

    • @RichardKing-sx6xc
      @RichardKing-sx6xc 2 месяца назад

      😂😆😅🤣

  • @thebear4880
    @thebear4880 2 месяца назад +2

    First

  • @xDooksx
    @xDooksx Месяц назад

    Cool?

  • @pandorasbox9294
    @pandorasbox9294 2 месяца назад

    The price won’t adjust till mines and supply fully run dry.

  • @troyag4989
    @troyag4989 2 месяца назад +2

    Let them play their games! Don’t interrupt the enemy when they are making a mistake!

    • @rudeawakening3833
      @rudeawakening3833 2 месяца назад

      A “ mistake “ ???? Are you insane ? These Chinese people are fu$&ing genius, on steroids !
      They are skipping our crooked and manipulated COMEX AND GETTING THEIR PHYSICAL SILVER to continue to produce multitudes of products that can’t function without silver and they outsmarted the con artists !
      I’m actually proud of their entrepreneurial spirit and ideas !
      Good for them ! Smart - them Chinese .

    • @grumpy3517
      @grumpy3517 Месяц назад

      What enemy? China is simply a competitor that puts its money where its mouth is and invests in growth. The US invests in destruction...

    • @RickBlaine
      @RickBlaine Месяц назад +1

      That would be an old Chinese saying wouldn't it?

  • @RichardKing-sx6xc
    @RichardKing-sx6xc 2 месяца назад

    Meanwhile in Iraq... 😂😆😅🤣

  • @usptact
    @usptact 2 месяца назад

    Where is the proof this is happening?

  • @rooftime4730
    @rooftime4730 Месяц назад

    Gold will go down now that rate cuts are here , you'lll see.Its a;ways the opposite of what they say.

    • @Carlos-wz7vm
      @Carlos-wz7vm Месяц назад +1

      Global demand is way too high for it to have a considerable drop. Most US citizens see Gold price from a mciro US point of view.
      I am waiting to buy a couple ounces at 2300/oz. We shall see

    • @atcpopo
      @atcpopo Месяц назад

      Good actually goes up when rates go down :p until there is some massive panic selling on equities and selling gold is needed to cover the margins

  • @ptaeiy-n2h
    @ptaeiy-n2h 2 месяца назад

    6:17. There is a slight flaw in the calculation of possible future supply and demand imbalances here. China IS the greatest buyer of silver. If they were to fulfill that demand/need on the sly, then their official demand for silver should also fall as a result. It'll be pretty much a wash situation. Total official global demand will be more inline with total recordable supply. I don't see this event would impact spot price of silver.

    • @rudeawakening3833
      @rudeawakening3833 2 месяца назад +3

      Well many people feel different . And these people are multimillionaires who own and invest in mining companies that take 10-12 years to buy , permit , hire , train personnel and infrastructure to possibly find such a commodity . Mankind “ can “ survive without gold . Although that IS THE tier 1 asset to own . But mankind CANNOT SURVIVE WITHOUT PHYSICAL SILVER …
      Facts .

    • @ptaeiy-n2h
      @ptaeiy-n2h Месяц назад

      @@rudeawakening3833 No need to shout bro. Many people feel abt something is not a valid argument, coz many people can be wrong too. I also stack silver and gold. I'm just questioning the logics for price appreciation here. I'd love to see silver at $500 an ounce too. What's that argument abt millionaires again? What's that got to do with China buying on the sly and the impact thereoff?

    • @grumpy3517
      @grumpy3517 Месяц назад +2

      If China has a trade surplus, should they save/invest it in US treasuries or in a metal that is universally useful, essential and getting rare?