Still can’t get enough. I suspect when the US dollar hits some kind of crisis they will declare the yuan fully convertable
China’s ravenous appetite for silver lifted overseas purchases to an eight-year high at the start of 2026, as importers fed a surge in industrial and investment demand.
Investing.com – China’s central bank extended its gold accumulation streak to 17 consecutive months in March, adding 160,000 fine troy ounces to bring total reserves to 74.38 million fine troy ounces.
Spit in the ocean.
Approximately 1.74 million metric tons of silver have been mined throughout history, totaling roughly 55.9 billion troy ounces
Bullion by Post
Bullion by Post
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. Of this total, only a small fraction exists as investment bullion; roughly 50% has been consumed by industry, and nearly 46% is in jewelry or lost, with only 1.8% to 2.9% held as identified investment bullion
JM Bullion
JM Bullion
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.
Hard to ignore how aggressive China’s positioning looks here — pulling in huge amounts of silver while steadily stacking gold for 17 straight months . Feels less like short-term demand and more like a long game against dollar dominance. People calling it “a spit in the ocean” might be missing the pace and consistency. I’ve seen similar patterns when scaling campaigns with Phonexa — small moves, repeated long enough, start shifting the whole picture.