Posted this chart after a "parabolic" gold move 9 months ago. $GLD is up 48% since then. Not saying that $SLV doesn't looks way over done short term. But as the old Wall St. saying goes "keep calling tops and you will be pushing mops".
Hate to say it, but this latest parabolic move in the US Gold ETF $GLD looks a bit "sus" to my eye. The price action and volume looks a lot like panic buying.