The Silver Bull’s Sustainability

Because even some precious-metal bulls seem concerned that silver has come too far too fast, we took a close look at Comex futures, Silver Wheaton shares, and the ETF.. What we found was that the strong uptrends in each are showing little strain. Moreover, because their respective rally targets in charts of larger degree are well above current levels, there appeared to be little danger to the long-term bull’s health. Rather than worry about the occasional, nasty downdraft, we should simply monitor the lesser trends for signs of the minor correction that could turn ugly.