Odds are pretty good that JPM and GS are more than pleased with their results this week.

Regards - VHF

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Silver on Pace For Second Worst Weekly Decline on Record

B.I.G.

May 6, 2011

With silver on pace for its fifth straight day of losses, many traders in the commodity will be happy to see this week come to an end. With a decline of 28.43% so far, silver is on pace for its second worst week in the commodity's history. For those looking for a silver lining (no pun intended) to this week's decline, we would note that following the nine other worst weeks (-15% or more), silver averaged a gain of 2.41% in the following week with positive returns seven out of nine times. It's a start, but in order to get back to where it was last Friday, silver needs to rally 40% from current levels.