Could be something like that yeah ahahah
Of course I wasn't shilling Silver as a trade, anyway yeap I did look at the monthly chart, and since the 1980 is making like a gigantic cup and handle pattern, and just broke the 47$ resistance it had hit in 1980 and 2011..
"Technically" this break could throw it to 500/600$ in the next years.
You are right monthly RSI looks overbought, but that doesn't implies price can go much higher, after some correction or time accumulating. If you check, in 2004/06/08 had three highs with +30% correction, but was a bull cycle started in September '01 (Dot.com burst) and ended in April 2011, 10 years with +1000% from 4$ to 47$ (with a big correction -60% in 2008)
Strange things are going on and the geopolitical situation is very different since the '80 or '00..
Looks like history rhymes also this time, differences is we can stack sats ✊🏼🧡