this article points out that silver is consolidating in a much higher range than last year. so while the silver price is down from $21, they expect the next leg up in the bull market is not far off.

http://www.silver-prices.net/silver-...

In conclusion the scene is almost set for another dramatic breakout for silver from its current trading range. Once through $18.50 we anticipate a strong rally to challenge the old highs of $21.00 and then onto $25.00 or thereabouts before taking another breather. It is hard to pin point just when this will all begin but it is imminent and we expect silver to start this next leg up within the next two months. So, if you have some favourite silver stocks in mind then commence the implementation of your acquisition programme when these dips occur as they wont last too long. We see this period as a window of opportunity to get into position by deploying our cash accordingly.