I just checked daily chart and it looks to me like the...

I just checked daily chart and it looks to me like the consolidation could go on for at least another month with potential to go as low as $25. Possibly with broader market finally correcting as well due to corporate tax changes passing US senate or whatnot.

Someone posted net short interest by US banks the other day with about 30-40k net short from memory. Any crash would allow the banks to finally flip the balance into net long. But then they could start building net longs using the same strategy and do it for months...chart allowing

Net inflation figure will be the last one off the low base as well which doesn't bode for any major moves in silver in July-Aug.

Anyway my two cents, I will be completely out of juniors and market in general by the end of the week. Don't mind missing a wave, care about catching a tsunami once the water recedes first.