More Pain Ahead for Silver?

OUCH! That's the only word for what happened in the commodities markets today. We could see a short bounce -- after all, commodities are at 10-month lows -- but I expect there's a bit more pain to work through. However, that doesn't change the fact that we are in a long-term bull market for many commodities.

Take silver, for instance -- down over 8% today...But we can also see there's plenty of support close by. This correction could be painful, but it should also turn into a great buying opportunity.

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