I added crude oil to this chart. I found the minimum price between 1998 and 2002 and went with that as the starting point. It was 10.82. I find it interesting how well the first spike correlates with that of silver's. It also looks like the crude oil bull market is nowhere near over.
Medium term overbought.
Short term has been fighting selling off for some time. However, this too will come to an end.