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The recent surge in silver ETFs is reminiscent of a meme coin opening!
It's crazy. In 30 days, $920 million has flowed in, retail investors are taking over the pricing power, and I hear that now Americans are FOMOing and lining up to buy silver, making it the most crowded asset in the market.
Institutions waited 45 years for silver to break $50, and in less than three months, it surged above $80. Breaking $100 is just a matter of time now.
The surge in retail participation has strengthened the upward momentum of silver, but if sentiment shifts, it could increase the risk of a significant pullback in silver prices.
Profits are all generated within bubbles. In recent years, value investors have been heavily suppressed by short-term speculators!