Gold may be more popular in the mainstream media but silver is where speculators are allocating capital. The metal continues to trend higher thanks to Bernanke's easing methods and year-to-date, the SLV ETF is up +23.6% compared with GLD which is only up +9.1% during the same time period.

The chart below shows the price of spot silver over the years.

Silver Continues To Climb - silverchart