Even with the EE manipulations of late Tuesday, I was confident that the Dec10 silver would hold $26.50. It did and on the chart below you can clearly see why.
What's next? With $8B in POMO tomorrow, I'd expect silver to trade through the $28.20 level and finish up a very strong week. Next week brings $31B more in POMO. You can bet your betooty that the Dec10 will make new contract highs, well into the 30s.