In my follow up comment to Silverboom’s question/comment, I stressed that the lows should hold and the consolidation that has been going on, could continue to month end.(Next Fri. 6/28)

The good news is that the trading action and chart formations are positive. Many of the miners and ETF’s are getting tighter and fairly quiet. Corrections consist of a combination of time and price.

Having had the big part of the price correction early on, we are now in the time phase. It is like before they put in the shot clock in basketball.

The silver(and gold) bulls have gone into a 4 corners offense to run time off the clock. By month end, plus or minus two days, they will take the shot and hit the 3 pointer(breakout)to run through the recent highs and celebrate victory with a ticker tape parade, down Broadway.