Lake, awesome job at putting these "unconnected" factors together. I actually agreed with your thesis by buying some MAY SLV $29 PUTS and, If we get one more drop, rolling the entire position into $37 calls. Trying to catch both ends of a whipsaw.

Long term - No doubt the $49 run up was too fast and furious ... but I have little doubt we get there again. Remember the early days of gold's run. Up to $750, down to $575.

Silver needed a breather. I'm happy it happened and looking for more great trades in juniors.

George