Bank of America are still at it… as of Sept 19 the report shows it still holds precious metals derivatives, except gold, of $33.2 billion…. with a maturity of less than one year… platinum and palladium markets are very small, so that is a lot of silver derivatives… 2 years ago they held almost none…
by silvertomars Recent update on the Bank Call Report shows continued growth in precious metal derivatives for Bank of America. Now reaching $34 Billion in notional value. 2 years ago is was $800 million. pic.twitter.com/EGUgJGVypZ — bob coleman (@profitsplusid) September 27, 2022