About this episode
The episode discusses the recent surge in trading volumes of gold and silver ETFs and the factors driving the precious metals market.
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. See omnystudio.com/listener for privacy information.
People in this episode
Hosts: Eric Balchunas, Joel Weber
Guest: John Ciampaglia
Topics covered
- precious metals
- ETFs
- trading volumes
- gold rally
- silver market
- investment strategies
Keywords
- gold
- silver
- ETFs
- trading volumes
- investment
- Sprott Asset Management
- uranium
- Bitcoin
Mentioned in this episode
Organizations: Sprott Asset Management
Products: gold, silver, uranium, Bitcoin
More episodes of Trillions
- ETF of the Moment: Software Isn't Dead, Yet · June 11, 2026 · 13 min
- The Biggest IPO Ever Meets Passive Investing · June 4, 2026 · 25 min
- New ETFs to Watch: POETs, HALOs and Corgis · May 28, 2026 · 16 min
- The Big Long: Risk and Reward With Ben Carlson · May 21, 2026 · 32 min
- ETF of the Moment: A Budding Comeback for Cannabis · May 14, 2026 · 13 min
- How to Invest During a Trump Presidency · May 7, 2026 · 22 min
Explore listener stats, chart rankings, contacts and more on the Trillions podcast page.