iShares Silver Trust (SLV)

[the long haul]

XAU INDEX @ 104.04 @ 3:30 est . Seems like yesterday , the XAU index was sitting well above 200.00 . One more duck setting in a row for SLV & physical silver imo. There's lots of room , and many days of multiple upward moves in store for this sector imo. An XAU that sits above 150 can support $30 silver ; An XAU that sits above 200 has always supported silver in the $40 plus range.