I bought some more physical this AM when there was a mini takedown at 10:15ish. It looks like the big boys are shaking the tree to accumulate. I like what I see in the silver market right now...public sentiment is really low, beginning of a new year, massive short covering on the final trading day of 2013. All tells me that the lows for silver are probably in, and the tide is probably turning.

What if I'm wrong? Great. I buy more. This is why you should always buy light on the dips...especially with the spot price around $20/oz! If you feel like you want to invest more, but are afraid to, that's good. Be afraid, be very afraid! ;) You can always buy an out-of-the-money SLV call option for a few bucks. If the price tanks, you lose your call option, but are not left holding the too much physical for who knows how long. That's a nice way to play the field in the silver market.

My gut tells me that we will test the $22.50/oz level soon...and $24 thereafter.