Trend Watch: Silver Investing
- Retail investors are buying physical silver and ETFs in droves
- Sprot Physical Silver Trust (PSLV) is seeing record inflows, already +40% above the past monthly high.
- BlackRock converted $470M worth of gold into silver this week
- Price Backwardation in the silver futures market
- Here’s an great read if you’re interested in motivation behind the “we can do to silver what we did to GME” mindset.
It’s still unclear how this situation will resolve, but we’ll be closely monitoring this trend going forward.