Gold and silver exchange-traded funds just experienced eye-popping trading volumes, with sharp price swings that drew in speculators chasing the momentum. The frenzy has cooled a bit, but the underlying forces haven’t disappeared. So what’s really behind the surge in precious metals—and is this just a tactical trade, or something more durable?

On this episode of Trillions, Eric Balchunas and Joel Weber speak with John Ciampaglia, chief executive of Sprott Asset Management, which manages gold, silver and uranium ETFs among other metals strategies. They discuss the debasement trade, what else is fueling gold’s rally, how gold compares with Bitcoin, what’s driving moves in silver and other metals and how Sprott’s uranium miners ETF generated a 450% return over the past six years.

Gold and silver exchange-traded funds just experienced eye-popping trading volumes, with sharp price swings that drew in speculators chasing the momentum. The frenzy has cooled a bit, but the underlying forces haven&rsquo;t disappeared. So what&rsquo;s really behind the surge in precious metals&mdash;and is this just a tactical trade, or something more durable?
On this episode of&nbsp;Trillions, Eric Balchunas and Joel Weber speak with John Ciampaglia, chief executive of Sprott Asset Management, which manages gold, silver and uranium ETFs among other metals strategies. They discuss the debasement trade, what else is fueling gold&rsquo;s rally, how gold compares with Bitcoin, what&rsquo;s driving moves in silver and other metals and how Sprott&rsquo;s uranium miners ETF generated a 450% return over the past six years.

Money goes where it’s treated best. That simple truth is a big reason why more and more money (trillions, in fact) flows into a powerful, low-cost tool that’s quietly transformed investing. Exchange-traded funds let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them—and hopefully delight you in the process.

Money goes where it&rsquo;s treated best. That simple truth is a big reason why more and more money (trillions, in fact) flows into a powerful, low-cost tool that&rsquo;s quietly transformed investing. Exchange-traded funds let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them&mdash;and hopefully delight you in the process.

Joel Weber and Eric Balchunas demystify the world of exchange-traded funds, or ETFs.

Trillions

Metal Mania

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/eee642df-2b33-4e6c-851c-b3ee01560e7f/transcript