In 2010 they imported 3,500 tons of silver! The Chinese people are using it as a store of value as well as being an industrial metal.
According to the silver institute their are only 278 million oz left in above ground storage. Looks like the miners and scrapers better kick it into high gear as that number keeps getting smaller.
The US government can no longer save the banksters silver bacon, their 6 billion oz are long gone.
Gold standard: because man can not be trusted to control his greed