China Steps up Silver Purchases

Commodities / Gold and Silver 2011
Feb 24, 2011 - 03:28 AM

By: Dr_Jeff_Lewis

Carefully hidden in the depths of a recent Forbes blog was perhaps one of the most important stories for all of 2011, at least for silver. Robert Lenzner wrote that “China’s Industrial and Commercial Bank (ICBC) reports purchases of physical gold and gold-related investments are growing at record setting rates.â€