So, a little bit of market memory probably comes into the picture at that point. Keep in mind that silver is not just a precious metal, but it is also an industrial metal. So, there are some of that to pay attention to as well. Ultimately, I think this is a market that continues to go higher to try to reach the $28.50 level, but whether or not we can accomplish that easily, well, that’s going to be a completely different story, obviously.
With that being said, I like the idea of perhaps taking advantage of short term dips that offer value, if you will. But really, at this point in time, it’s a very difficult market to get big in. After all, you could get wiped out rather quickly. Silver has been like a graveyard for a lot of aggressive traders over the years. That being said, a small positive position might work out here though.
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