$XAG
๐๐ Silver ETF trading volume is exploding ๐ฅ๐ฑ
Trading volume in the largest silver-backed ETF, xag, hit a record $40 billion on Monday โ๏ธ
This marks the highest turnover among any other asset and is 15 TIMES its average daily volume. ๐ข
This also TRIPLES the previous peak seen in 2011 ๐
By comparison, the S&P 500 ETF, SPY, traded $25 billion, the Nasdaq 100 ETF, QQQ, $17 billion, while Nvidia, NVDA, and Tesla, TSLA, each traded $16 billion ๐
Furthermore, the 2x leverage long-silver futures ETF, AGQ, posted $8 billion in volume yesterday ๐ฅ
The largest Gold ETF, paxg, also saw massive turnover of $13 billion, but $27 BILLION lower than xag ๐ฅ
Silver's recent moves are truly unprecedented
๐ธ Warning ๐ธ I do not provide financial advice ๐The intent of this content is for you to be aware of market conditions before starting to invest ๐Thank you for reading ๐