Do not get me wrong folks. I am a silver bug and has been ever since 2000. Just taking a hiatus ever since silver hit $40 last year- my long expected target. I did share my thoughts at that time, see my earlier post Silverado. My current suspicion is that we may need still to wait a bit for the final low in silver. I just updated two silver charts with potential targets for the silver bottom around 20 bucks.
Just to sidetrack to the rest of the market, it has the feeling like it wants to move in another downside leg unless something dramatically positive happens next week. Anyway, my guess is that next week will tell.