Silver soared to a new record high today, its rise attributed to everything from an increase in inflation fears, to worries over the U.S. dollar, to the actions of a particular bank.
The market for silver ETFs has boomed in near lock-step with the commodity’s rise in value. Note the huge growth in the market’s ETFs, as the price of the metal started to rise.
Were you lucky enough to get in on silver’s spike? And if so, did you buy the real thing, or was an ETF your means of purchase?