Silver and gold prices rallying for the third week of April, which in turn is helping those of us who hold Silver backed crypto.
Talks of Bank of America buying up derivatives of silver, from JP Morgan, to sell back to retail investors is as insane as it sounds. Maybe they are trying to get in on the Silver/gold buying frenzy. Selling/shorting silver is not great however if prices of silver moons, of direct result of this move, their shorted positions may screw them in the end. Which I am COMPLETELY okay with.
As of Friday:
Silver Price per Ounce $26.14 or around $36.63 for an 1oz Silver Eagle & $31.83 for an 1oz Buffalo round
Gold price per ounce $1,784.05 or $1,959.05 for an 1oz Golden Eagle & $1,961.05 for an 1oz Golden Buffalo round
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