Check out the SILVER to Silver Wheaton ratio, and the SILVER to the XAU Gold and Silver Index ratio, with 10% exponential moving average envelopes .
These ratios have to correct.
Assuming silver stocks won't rise if silver falls, there are only 2 possibilities if the ratio is to correct:
(1) silver falls AND silver falls faster than the mining stocks. How often does that happen?
(2) silver rises AND the mining stocks rise faster than silver. This, in theory, should happen all the time, but hasn't been lately.
My guess is that (2) is more likely. (And my if my guess were worthless, Louis wouldn't pay me the big bucks to post here.) However, you can go to stockcharts.com and create these charts yourself; you'll see that the last time these ratios popped out of their 10% moving average envelopes so saliently, it was during the late 2008 chaos...