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I'm a metals aficionado.  I own a lot of the physical stuff - most of my savings is in gold and silver.  Like I posted earlier, I don't like seeing lower highs and lower lows.  I see we are now at $15.32.  We are definitely in a bear market.  The CFTC is on the verge of imposing new regulations that could drive people out of the futures market and into the spot market.

The big question is when the bear market is over.  The futures and spot markets tend to converge during the major trading spot month.  If I had to guess, I would say as we move into March.  But that is just a guess.