It's been a turbulent start to the holiday-shortened week for the major market averages, with the S&P-500 (SPY) down nearly 1.7% for the week and the Nasdaq-100 (QQQ) sliding more than 2%. However, one asset class that is not giving up any ground this week is silver (SLV), which is not only positive for the week but up nearly 2%. This outperformance vs. gold and the S&P-500 is a very positive sign and is what we often see at major bottoms for precious metals. Let's take a closer look below:
