According to Yahoo, SLV, the big silver ETF, has traded over 20,000,000 shares today. At 18 bucks a share, that's over 350,000,000 dollars changing hands there today. As has pointed out many times here, SLV and all the other PM ETFs weren't around just a few years ago, and that's a lot of cash almost every day going elsewhere including the silver juniors and the seniors.

Even GLD traded over 22,000,000 shares today. At 110 bucks a pop, that's some 2.5 BILLION bucks flying away. And just today.

This has been going on for a long time. Almost seems as if traders know that only a limited amount of cash goes into and out of the juniors weekly making it easy to run them up and down at will for a dime here and there. To me, until some of the ETFs get exposed for the swindle they are, we can expect big money to keep headed their way.

That so much money is going into these ETFs must mean that scores of money managers are aware of the PMs. Just not the stocks. Maybe it's because of the liquidity or whatever of the ETFs that make them so attractive. Easy to get in an out of without much fear of big price moves. It's beyond me.