and adjust your jocks...For the ladies on board...uh, not sure but maintain a stern resolve:

Looks like a year end humdinger may descend upon silver and gold as per Ed Steer and Ted Butler:

"The only question to be answered is...how much more is left to go to the downside. The gold price took out its 200-day moving average by a whisker yesterday...but did not close below it. Silver still has a ways to go yet. But can they, or will they do more to the downside? I don't know for sure, but suspect that the answer is yes.

If they are clearing the decks for a major price rise in the New Year to correspond with the Fed's attempt to raise the velocity of money by increasing the inflation rate...by a U.S. dollar devaluation, or other means...sending a message to the markets by running up the precious metal prices by a very noticeable amount would be one of the tools they would certainly contemplate using.

In order to do that, I'm sure that "da boyz" would like to cover as many short positions as they can in the interim...and that means further price pain to the downside until they get the last possible speculative long position holders to sell. Once they get to that point...whatever prices that takes...no further price reduction is possible, as it's the very act of technical fund selling [or buying] that ultimately drives the spot price.

Here are the 1-year charts for both gold and silver. It's hard to tell how much more damage they can do to the downside as far as price is concerned, but Ted Butler says it could be considerable...especially in silver."