Another consequence of the surge in silver prices recently is that the ratio between gold and silver is falling to its lowest level since 2014, according to Dow Jones Market Data.
That is important because the ratio is watched by market observers as a gauge of the global economy. Unlike gold, silver has widespread industrial uses, so silver rising more quickly than gold indicates to traders that investors are often more bullish about the economic outlook.
Much of the recent silver rally seems driven by speculation, so it will be interesting to see whether the day trading saga distorts other commonly referenced market indicators.
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