Greatest Trader in the world Jesse Livermore quote:

"After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!"

Support levels tested and some broken

Good article to understand why silver is not overblown by long term standards

Pay particular attention to the rate of change chart
Link here

GDX Break or Bounce #2?

Watch for a bounce off of or break below trendline

Silver collapses past two support lines. Will it be survive primary support line?

Watch for possible reaction at primary trend line (blue line)

Food for thought in silver

17 days of gains wiped out in 4 days. This is a good lesson of why one must be extraordinarily cautious during parabolic phases if one is to lock in profits.

Gold reaching upper trading band

A convincing break above the upper band could signal a breakout of the trading range and a new plateau.