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So in essence its China.  They hold huge reserves of american money which ties them economically to american.  Given China wants to be a world leader rather than a follower they have decided to invest 650 billion dollars this year with 250 billion in future years.  The rumor on the streat is several investment firms tied to the chinese have been buying gold and silver.  But I asked myself why?  Gold and Silver, especually silver, have gone down in price for years until now.  This was due to prices depending largely only on industry demand.  I think that China is in the market now as a way to cut economic ties with the american dollar.  With 650 billion dollars they can fix prices at whatever level they want and build researves that are inflation protected.  So far China hasn't announced they are doing this but it makes sense.  Its the only explanation for gold and silver prices no longer following industry demands.  So happy hunting in gold and silver stock.  My target price for gold $1000 and silver $54.
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