Just like copper diverged from the EURO correlation. So can Silver and gold as money runs back into safety. I do think there is another leg down for Silver but it won't be as big as I originally thought. Probably $25 to maybe $22. Big maybe
But this theory changes quick w/ the FED ECB EU You have to be able to adjust your sights and admit your wrong as the environment around you change. These days the flow of information changes in nano seconds. Not months or days.
Euro crisis intensifying changed my thought process on silver and that's why I covered at $26 Otherwise I would have covered 40% of my position at $26 and held the rest down to $19.