It's been an impressive start to the year for the precious metals space, with gold (GLD) surpassing the 2,000/oz level, and silver (SLV) up more than 12% year-to-date. These solid performances are even more impressive given the turbulent global market environment. This is because double-digit corrections in the S&P-500 (SPY) often lead to short-term weakness in gold/silver, like Q1 2020. However, investors should be cautious with sentiment becoming a little frothy for silver. Let's take a closer look below:
