I used this morning’s bump to cover the DSLV short (i.e. silver 3x long) position at a shade below break even (-.5%).  The reason being that it is in a series of lower lows and lower highs.  I think that silver is going to be a buy soon, but unless it paints a green circle above 19.70 the potential is there for lower prices first.  I don’t want to be leveraged in that case.  I’ll just stick with a few normal and relative quality mining positions for now.  Here’s the current silver price from BullionVault (you can pull this and the gold chart live any time using the link above).