Monday, June 27, 2011 at 05:04PM
While equities did well today, commodities didn't. One commodity that had another rough day was silver. Below is a six-month chart of the heavily traded Silver Trust (SLV). After declining more than 2% today and 8% over the last four days, SLV is now below its closing low from mid-May. With this key support level broken, is silver about to take another leg down?