Well that was fast. Far be it from us to brag, but we did call a crash in the silver market on 4/21. Actually our proprietary trading algorithms called for going bearish once the price was below $45.93, which occurred on 5/2 and would have gotten you out pretty close to the top.
Now Andrew Horowitz, whom we addressed in our last post, is looking to go back into silver. He was looking for SLV to hold its 50 day moving average, but it blew through that and it's now at $34.48. We personally have no indications for a reversal at this time, but we'll keep a look out.
