Silver Surges, Shows Bubble Signs: Is This the Next Market Frenzy?

• Silver surged over 10% to an all-time high of $77.92 on Tuesday, bouncing back from its worst day in four years.
• The metal has gained over 140% this year, marking its best annual performance since 1979, but pulled back over 7% on Wednesday.
• Ned Davis Research's Matt Bauer states silver appears "overbought by nearly every metric," with trend indicators at rare levels.
• Silver has gone 833 days without a 20% correction, nearing a 45-year record, signaling an aging bull market.
• Surging flows into ProShares Ultra Silver ETF (AGQ) indicate heightened speculation, though not yet "excessive optimism."

Why It Matters: Silver's rapid surge and "overbought" status suggest a potential market bubble, despite room for further upside.