Recently, we’ve been tracking elevated consumer chatter surrounding precious metal investments, particularly silver. Consumer mentions of investing in Silver Futures, ETFs, and Bullion have surged to a record high in the past month, trending +930% YoY and +223% above the Summer 2020 highs. The short squeeze on iShares Silver Trust (SLV) failed, but there's evidence that things are heating up again:
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.