The silver markets have gone back and forth during the trading session on Wednesday as the FOMC has spoken, reiterated and the fact that they are willing to flood the markets with US dollars. Silver has had a massive boost because of this, and at one point over the last couple of days we had gained as much as 7%! That is far too much impulsivity to hang on to in the short term, but I do think that given enough time we will find buyers underneath to take advantage of cheaper prices. There are a multitude of areas where I can see buyers getting involved, with the $23 level being a possibility. After that, we have the ... (full story)