Let me break it down for you fool...
World markets are going over the cliff.
Less demand for products means less demand for the silver that goes into those products,hence the price of silver goes down.
If this POS is trading at $1.55 at todays silver prices ,just imagine what it will be trading at when silver is $10 an oz lower.
You Bagholders are Doomed.
There is no hope here, it's time to move on.