Hey goldfan
I agree. I also think there is a very high probability that spot Ag will zig zag upwards for the next couple to six months. (See my posts further up thread). I increased my SVL holdings by 30% yesterday. Putting my money where my "blogging mouth" is lol.
Furthermore:
1) Silver's big brother / sister Gold is in a bull uptrend and will drag Silver with it See charts below. Chart source: Clive Maund, link
https://www.gold-eagle.com/article/gold-market-update-210
2) Ag/Ag ratio is at a 30 day high of 87.25 implying that even a moderate drop in the ratio will see a significant rise in spot Ag. This will
be reflected in SVL's sp.
Maybe it is time to buy more SVL!, page-608
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