I don't have a story to go along with chart. It seems to me in a market sell-off (which I think is likely over the summer) the Dollar would rally, which would hurt silver. Maybe the Dollar has lost its "safety" status. Whatever the reason, silver is nearing rising multi-year support on a logarithmic chart.
Going back over 10 years, here's how I see the chart:
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.