China Loves Silver: Déjà Vu All Over Again | Metals Mine

  • China Loves Silver: Déjà Vu All Over Again

    From kitco.com

    History, as they say, doesn’t repeat itself, but it often rhymes. And right now, the precious metals market is hearing a familiar, resonant rhyme from the East—one that echoes with the weight of silver bullion and the resolve of a nation determined never to be humiliated again. Let’s rewind. From the mid-1500s to the early 1800s, China wasn’t just a participant in the global economy; it was the global economy. For nearly three centuries, it sat as the world’s largest economy, absorbing an astonishing 30-50% of the entire planet’s silver production. This metal wasn’t just a commodity; it was the very ... (full story)

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