Yes, they buy and melt them into bars.
RE: J.P. Morgan: The World’s Biggest Silver Investor (675 million ounces)
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J.P. Morgan: The World’s Biggest Silver Investor (675 million ounces)
J.P. Morgan: The World’s Biggest Silver Investor (675 million ounces)
Yes, they buy and melt them into bars.
Yes, I have heard that, too. Makes no sense, to me. But I have heard it from more than one source.
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That right there should be criminal.
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I can think of cheaper ways to get silver if you're just going to melt it into bars...
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