from Zero Hedge
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.
All gold needs to hit 2,500 is for China’s momentum maniacs or the Robinhooders to start chasing it
— zerohedge (@zerohedge) July 22, 2020
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…