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Silver Hit Hard in Gold Market Crash

Friday, April 19, 2013 2:21
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(Before It's News)

Violent price action is an understatement for what has occurred in the silver market. Thursday’s final New York spot price was $23.28, a loss of just three cents. Silver also only lost three cents on Wednesday. Yet some may recall that the metal was over $27 just a week ago. It was a sheer market massacre that chopped silver down to its current level.

The sell-off in silver began last Friday, in tandem with the crashing gold market. By most

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