News like that would be totally unimaginable even few weeks ago, when price of silver looked ready to go below $17.
But with new buyers of PHYSICAL silver entering this – less than $12 billion market, it’s no wonder why price of silver jumped so high in such short time.
It all started on August 24th 2010 with big German conglomerate buying huge amounts of physical silver and now also BNP Paribas (with headquarters in Paris), joined this rush to get physical silver as soon as possible.
What’s the actual deal that BNP Paribas just made?