There's the realization that there's real inflation in the U.S., and not just the kind of head-in-the-sand inflation we've seen the past six to eight months.

The inflation signals are getting to be stronger and stronger, and that's what is attracting the buying. And it is not over yet.

The market has traded very poorly. Gold is trading above $600, which is indicative of the inflation outlook. Then there is fear about a strong jobs number tomorrow.

Silver is a market that sort of acts like a freight train. It's really slow-moving, and once it gets started in a direction, you cannot stand in front of it.

We're in the throes of a protracted bull market.

Technical traders tend to hit the door at the same time because they all use the same type of speculative trading indicators. Who can stand up to them when that happens?