When I spoke to Ted Butler [butlerresearch.com] yesterday he pointed out something that I had missed in all the excitement. In commentary to his subscribers yesterday, Ted put it this way... "What was special about silver was that it first plunged below the last remaining big moving average, the 200 day, before reversing dramatically higher to trade above all the moving averages. I’m not a technical trader, but the specific term for this abrupt move from below all the moving averages to above is, I believe, a “golden cross.” I’m not sure of the significance of this price reversal, but to my knowledge I don’t think it has occurred in silver in such a short time frame, namely, within a couple of hours