A comment in last night's Midas re the article:

If this rumor ever became fact, it would stun the silver shorts because…

*China is supposed to have large stockpiles of silver.

*They have warned they might walk away from derivatives positions. Should any of the short positions be related to China in any way, and they ban exporting, it could cause a silver melt-up due to a silver derivatives disaster … leading to force majeure issues.

As China has curtailed its rare earth mineral exports, this latest gold/silver rumor should not be dismissed lightly. The past smoke about China and gold and silver is gradually turning into fire.