Silver seems to be technically set up on a low today. Ted Butler reports that the big sell off was probably due to the unwinding of some 'butterfly' spreads on COT. Silver fundamentals are improving. Matsui has just announced the development of a diesel catalytic converter that uses silver rather than platinum. Platinum is over $2000.0/oz

A Jason Hommel article refuting some of the bearish claims described in a london article, (no doubt with a short term declining market in mind)