Gold and Silver !!

Someone I know who follows commodities pretty closely was telling me something interesting about gold and silver ETFs. He thinks they might move up in the coming weeks. His reasoning was that markets have been a bit shaky lately, and usually when that happens people start moving money into safer assets like gold. He also mentioned that central banks have been buying a lot of gold recently, which tends to support prices.

For silver, he said demand is also coming from industries like solar panels and electronics, so if gold starts moving, silver often follows and sometimes even moves faster.

I’m not saying this will definitely happen, just sharing what I heard from him. What do you guys think — do gold and silver ETFs look bullish right now or not?