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HappyHouse's avatar

One view could be the Chinese reliance on silver in their manufacture of electric vehicles, which are now more popular than fossil fuel dependent cars, in which case they could be looking to suppress the price?

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Alex Krainer's avatar

It's plausible, but I question whether China has the ability to manipulate markets which are by design organized to be under control of Western financial interests.

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Neil MacLeod's avatar

Prescient, Alex!

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Isadem's avatar

So is that a buy signal for gold and silver? What happens in a significant correction with all those derivatives triggering a meltdown and a need to fund expanded margins and margin calls? Could we see a temporary downward correction in gold and silver down the line (emphasis on temporary), or is it a straight line up even in a significant market crash, and therefore one should just buy gold and silver now?

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