Silver's price jumps again. Is another rally coming?

"Is another rally coming?" is the wrong question entirely. TheStreet.com is missing the point. This isn't "another" silver rally, it's the market correcting itself after a brief dip, continuing the underlying trend of physical accumulation. For those of us who have been stacking since 2008, a rebound from $67.75 to current spot levels around $67.98 is just business as usual, a testament to the persistent demand for real money.

Today's silver spot at $67.98 with gold at $4447.57 keeps the Gold/Silver Ratio at 65.4:1. This compression is a clear signal of silver's relative strength and its continued revaluation. The paper market might try to shake out weaker hands with these minor pullbacks, but physical stackers know what they hold. The true price discovery is happening in the physical market, not on the screens.

Keep an eye on the persistent backwardation in the physical delivery market and continued draws on COMEX registered inventories. These are the real indicators, not speculative headlines. Focus on adding to your stack on these manufactured dips.