In the past, silver smack downs would last 2-3 days and you would see a 20% decline during that time. Today, the sharp reversal is not indicative of the smack downs of the past so I'm cautiously optimistic.

On another note, it seems the gold/silver juniors have been skipped over by the uranium juniors. The gold/silver juniors ran first and then began their steep decline quite a while back just as the uranium juniors started taking off. The uranium juniors then eventually fell off the cliff. One would think that the gold/silver juniors would recover first but the uranium juniors are up big for a second straight day as the gold/silver juniors lie in a comatose state. Dines probably came out with some big buy recommendations. Too bad the gold/silver juniors don't have a champion at the moment. Where's John Embry when you need him?

stateside