Silver to outperform commodities.

Silver has been on a tear along with the rest of the markets. Dow Jones has gained on 5 consecutive days and continues to look over bought. Spy as well is beginning to look toppy with Mutiple lower gaps that need to be filled. Silver and Gold paper continue slow and steady growth, while physical metals continue to get gobbled up in fears of recession, and economic worries.

You can see by both charts they are in unison, paper silver and SPY the s and p 500 ETF. However, the physical metals maintain their large premiums despite paper silver lagging behind. We believe eventually Silver will separate from SPY and other ETF’s, and is deeply undervalued considering people are willing to pay two x the spot price for Buy Silver Eagles – In Stock, Ships Fast!

The Dow Jones continues to be resilient and gains for a 5th consecutive day