Silver markets rose during the session on Monday, as we continue to see a safe haven bid for precious metals. The North Koreans testing a nuclear bomb rattled the Korean Peninsula, and we now find ourselves reaching towards the $18 level. I think pullbacks should be buying opportunities given enough time, and once we break above that level I think the market is free to go much higher. If we pull back, the reality is that there is more than enough support underneath to continue to push this market to the upside. I look at pullbacks as buying opportunities if we can stay above the $17.50 level. I have no interest in shorting.
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