There is a new Gorilla in the room.

China urging its citizens to buy gold and silver.

Why would China publicly advertise and urge its citizens to buy gold and in particular silver? What do they know that we don't?

I believe that there is a new 500 lb gorilla in the room. The old gorilla represented by JPM and other banks have been allegedly short massive amounts of gold/silver to suppress its price. Now the new alpha male has entered the room and has its own agenda. It's not going to sing to the tune of the old cabal. The agenda of China is to enrich the lives of its citizens and its own coffers by ensuring it owns a large % of hard assets to diversify out of the depreciating dollar.

When it is good and ready, they will strike with little warning. They will announce their intent to acquire an x% of precious metals in relation to their foreign currency reserves. This announcement alone will skyrocket the price of the PMs. But of course, they would have already acquired all the tonnage they need prior to the announcement.

Beware shorts, your day is coming.