I’ve left Silver on the list this week only as a placeholder, since its chart says absolutely nothing to me. The corresponding chart in gold is somewhat more bullish, and I’ve said so.  However, it is not so bullish as to suggest it will pull silver higher any time soon. The July contract would need to push past the ‘external’ peak at 23.65 made on April 29 to get our attention, but until such time as that happens, expect meaningless feints in both directions as bulls and bears duke it out for control of…not much. _______ UPDATE (May 12, 10;05 p.m.); There’s a bottom somewhere, although bulls could be pardoned for thinking this time may be the exception. Here’s a chart that shows two possibilities, respectively, at 20.27, or 19.24 if any lower.