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IPFS News Link • Precious Metals

Millennials Flood Into Precious Metals: Is Gold The Next TSLA?

• by Tyler Durden

As precious metals accelerated higher in the last few days, we joked (kinda) on Twitter that the surge in momentum would soon become a magnet for the new trading gurus manning their desks at home - whether in China or Chinatown - and send it to new all time highs. 

One day later, it's happening as Robinhood users flood into the gold and silver ETFs. For SLV, the number of RH users holding the ETF has surged from around 15,000 to 20,000 in the last few days...

... making it the 16th most popular pick on Robinhood as of the past 24 hours.