Hi Folks, I thought I'd post a few thoughts on silver. As many people know, gold is often considered the "anti-dollar" and rallies if USD falls and vice-versa. Gold is also a traditional / "the end of the world is coming" hedge. What people don't always consider though, is silver. This has substantial industrial uses. Demand is rising through such things as the Chinese economy. In many peoples opinions, supply to meet this demand is questionable... The $silver : $gold price ratio is historically very high, at some 60:1 For me this is a non-leveraged play, and basically a buy and hold medium / long term punt. As you can see, the silver price can be very volatile. However, many analysts think that silver is massively fundamentally undervalued at the current $7/oz, and a good long term bet. Looking at the TA, on the weekly chart, the long term up trend line looks to be holding, with strong support recently just below $7. I guess many technical traders will want to see a break out from the channel on the daily chart, above say $8, but for me (again I stress in a long term non-leveraged punt) it is a buy now. Also interestingly, COT data is showing a turn to long commercials. Have a look at the charts and see what you think! David.