if you look at a linear chart, silver does indeed look like it has peaked (in this current wave)
However, the log chart shows a different story (open to interpretation). I did think that silver had peaked here but now i am not so sure given the log chart and looking at silvers current bull vs. palladium - i think pd has further to run here:
Of course, it's all in the eye of the chartist, so who knows. I note that Ronald Rosen has recently turned uber silver bull - i don't know if I'm happy with that!!