Silver wants to tag along and I want to get excited about it. But I can't. Not yet. I have a last in the Dec11 silver contract of $33.21. This is great. This is wonderful. But this is only a start. Silver must trade through and close above $33.58 before we can get excited. Until then, it is still rangebound. At the top of the range, yes. But still rangebound. IF it can get through 33.58, the stage is set for a continued rally, back through 36, all the way to 37 and beyond. Maybe even $39. It will be possible to make quite of bit of fiat trading a rally from 34 to 39. Be patient. Don't act in haste. Let's see what tomorrow brings.
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