Good to get through this week. Between a very thinly traded silver and gold market, China taking the week off for New Year's celebrations, a CME margin requirement change and the G20 meeting this weekend, silver trading below $30 was no surprise. Precious metals could not show any strength going into a G20 meeting addressing currency (wars) debasement. The G20 countries will not come to any agreement of significance and precious metals can resume their upward trend.

Nothing has changed with suuply and demand fundamentals for silver. Nothing has changed for UC. UC is still generating revenue. Both should be trading subtantially higher over the next few months.