There have been some silver ETF stories over the past couple of days. The Bloomberg article notes sustained confidence in industrial demand for silver. There's also an interesting comment regarding the attitude of buyers of physical silver. I think stackers would generally agree: Buyers of silver are less swayed by price movements, because unlike gold, the metal is a "buy and hold and forget about it kind of investment, It's not so actively managed by the retail crowd. It's tucked away as a retirement store of value or hedge against disaster."