Silver Surfer

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We will soon discover if silver’s minuscule pullback late last week was all that it’s going to do. I am medium-sized long PSLV right now and will cheerfully go full-bore if there is more strength. As it is now, there is a greater than $10 measured move that should transpire as long as we hold above the lows of the past few trading days.

That would push us up about 10% to around $38.50 or so.