JUST IN🇨🇳🇺🇸🔥 Bank of China says, Chinese $1 trillion Tencent and Alibaba firms are plans to buy #SILVER at $90 per ounce by dumping US Bonds and Stocks.
— RKM (@rkmtimes) February 1, 2026
🚨CHINA SPENDING $3 trillion USD forex reserve into #Silver by Q3, 2026. pic.twitter.com/iPDQpxkjsb
We better pray that this will not happen.
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4 responses to “This Would Be Bad”
If China buys that much silver it won’t be $90 an ounce for long.
How will dumping US stocks and bonds *reduce* the dollar cost of silver? Would it not reduce the perceived value of the dollar?
The only they’ll get from the Crimex is paper promises. They want physical silver.
Mines produce what they do because of operating costs versus the price of the product. There is a huge amount of silver in poorer ores and in tailing piles that was not worth recovering at historical prices and costs – but will be recovered in the new situation.
What will also change is a lot less silver will be sent to China for refining and instead will be refined in the US.