Here's an interesting thought regarding silver...
Somebody just made the point that oil/gas will get somewhat of a boost/support during the holiday driving season.
Now, since oil and silver seem to be trading in relative synchonicity recently, it may bode well for a short term pop in silver as well.
The only caveat in this scenario is the "chicken and egg" argument in that it's also true that oil has been following the moves in the equity markets.
The question therefore is this....is oil the chicken or the egg? If oil continues to FOLLOW equities it should fall during the holiday buying season as the super bad retail numbers come into play and the market gets shocked again.
Or perhaps it could temporarily DE-COUPLE from equities and trade in it's own little world for a while. Then the question becomes...will silver(which has been trading in tandem with it)rise with oil or will it now also decouple from oil? Both being commodities, I think there may be a "confusion" trade causing some to expect it to rise even though it would be without good reason.
I don't know the answer, but it may be something to watch and take advantage of. And certainly should be kept in mind if silver does indeed begin to rise in tandem with oil, because if it does it could come crashing back down again with oil when holiday driving support fades.
Just a thought...