Where I am writing this note from there are still a few bears wandering around town tipping garbage cans as they fatten up for their winter hibernation.

The bears will be gone soon and so will we be with this call.

Lease rates have been a reliable short-term indicator for trading tops in Silver.

SLV Weekly

Silver Lease Rates

We have a small trading SHORT position on in SLW (which could easily bite us) at the time of this post and we rate SLV Red in the Bikini State

Silver Trivia:

• Known since prehistoric time. Man learned to separate silver from lead as early as 3000 B.C.
• The melting point of silver is 961.93°C, boiling point is 2212°C
• Silver’s element symbol Ag, is from the Latin word argentum meaning silver.
• In many cultures, and some alchemical texts, silver is associated with the Moon while gold is associated with the Sun.
• Silver has the highest electrical conductivity of all metals.
• Silver has the highest thermal conductivity of all metals.
• Silver halide crystals darken when exposed to light. This process was vital to photography.
• Silver is one of the noble metals.
• Silver is slightly harder (less malleable) than gold.
• Silver ions and silver compounds are toxic to many types of bacteria, algae and fungi. Silver coins were stored in containers of water and wine to prevent spoiling.
• Silver nitrate prevents infection in burns and other wounds.

Disclaimer: This communication should not be construed as an offer to sell or the solicitation of an offer to buy any security. (Click here for full disclaimer)