While the silver market is a precious metal, it doesn’t get the same type of safety bid as gold, for example. We did fall to the $80 level pretty quickly, only to turn around and show signs of life again. At this moment, it looks like we are starting to find resiliency yet again near the 50-day EMA and, oddly enough, this is a market that looks like it’s going to do nothing with the information that was presented to us over the weekend as the war in the Middle East escalates. Silver, at this point in time, is probably just trying to find its next move, and therefore, it’s very difficult to get overly excited about ... (full story)