Thursday, May 31, 2007


Silver has held the 200 day moving average and the COT report is getting very bullish. When this one starts to move it can rally violently because silver is a thin market. If you are investing in precious metals you want to be "in" before the move happens or you risk missing it. As I write silver is up .23 in the premarket which would translate into roughly $2.30 on the SLV ETF.