American Traders and Investors Are Finally Starting To Buy Silver and Gold ETF's

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American individual investors and trades are now buying gold and silver ETF’s, in a big way, after they ignored the run up in precious metals over the past few years.

Central banks began buying gold in a big way in 2022 after Russia invaded Ukraine.

In that year, though, the US stock market and bond market also went down together in a bear market, while gold did well, showing everyone that it was becoming a real safe haven.

As a result, foreign investors around the world, especially in Asia and India, have also been big buyers of the precious metals, but Americans had not, so captivated they have been by the predictions they heard - and were pushed on to them by their social media feeds - from various crypto gurus for massive get rich price gains in Bitcoin.

Those predictions failed and now Americans are buying gold and silver.

You can see this on various online brokerage accounts.

For instance this is a screen shot from Fidelity, showing what people were trading the most on Friday.