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Silver markets went back and forth during the course of the week, ultimately settling very little by the time we closed. However, we are above the $21 level and that of course is a positive sign. We believe that you can only be long of silver right now, and shorting is nothing short of reckless. With the impulsive move that we’ve seen recently, we think it’s only a matter of time before we break out above the $22 handle, and that should signal a run it towards the $25 level.
