Breaking Alert-China/Chinese Buyer Just Bought All 1 Oz Silver Bullion @ Perth Mint-Silver Squeeze

so sad too bad for j p morgan

There was a thread earler about a Central Bank purchasing silver for an asset backed currency... hmmmm.. Makes sense they are buying out Australia... Perfect place for China to do it!

China is going to announce that the Yuan is backed by silver!!! Guaranteed... Good bye dollar! China didn't buy the No QE3 talk today!

Nice Find OP!!! And so it starts!!!

Blythe is not having a good weekend! First Irene, now this... Physical silver will be $75 next week (not paper, SLV)!

Shit, now silver doom.

but this is good silver doom!

Thread: ***BOMBSHELL NEWS*** Central Bank Annoucement on Accumulating Silver as a Reserve Asset Imminent!

Here was the earlier thread, you think these two stories are connected?

And that problem is likely reoccur according to a reader in Australia:

"Hi George,

An employee of a rather large bullion company (name deleted) in Brisbane told my fiancé during a pickup that they will be running out of silver in the next couple of weeks. They will not have any more silver deliveries until APRIL 2012! No one can keep up with the demand. Once they are out they are out."

And, other sources in the metal trade, tell us the sudden collapse is having just the desired effect: People were showing up in such numbers worried they had "missed the top" and anxious to sell, that this one jewelry outfit almost had to call for local police backup to maintain order on Sunday

This is from George Ure's site www.urbansurvival.com

Fucking awesome...the Chinese play go and America keeps mumbling 'go fish'.

WARNING> mt silver: volcanic eruption imminent

Thanks OP this has been confirmed

By who? Just sent it off this (last) am to zerohedge tips and ain't heard nothing yet....

Wow... this will make things interesting!



Last Edited by Deej on 08/28/2011 02:11 AM

Can't find verification anywhere...someone please verify with a news feed rather then blog. Not that I don't trust blogs but this is fucking huge. To huge to only be covered on GLP.

Like all my other post, buying AU for under $50 is theft!

Anyone heard back from the Perth Mint, I haven't....

I didn't people could buy straight from a government mint. I thought you had to go through a middle man.

^^This^^