August 13, 2025 - (Gold Market Wire) - Silver has recovered from its touchdown at $37.50 - right on the horizontal support, and started to recover. No doubt, this market has strength in it yet.

The loss of the power uptrend was disappointing to the bulls, but the recovery was right on point. The weekly remains 'rich', but still open to a shot at the $40/.oz mark, which is now within our channel. The market is speaking clearly: Scale-down buying has been the position that pays off. We can't really dis-agree, but you'll ave to size it right and hold on with strong nerves when the down-ride commences, saving your biggest ammo for the final purchase. It takes guts, for sure - but it's the strategy that works. The key is to make the first purchase smaller than you would like.

For us 'candlestickers' out there (and we are certainly one), the weekly bar has started out well. Who dare be short, going into the Alaska summit, which is almost guaranteed to be a disappointment?

With Trump now openly howling at Fed Chair Powell, calling him a 'loser', and the Federal take-over of Washington D.C.'s police force like a government preparing for civil war - metals would (in our extreme under-estimation) be a wise choice.