Silver has begun to accelerate dramatically, rising from $29 to near $31 in just since yesterday's open. Silver arguably is breaking out of its downtrend today and i expect this mean reversion should allow for a push back to new high territory to join the recent move to all-time highs made by Gold this week. While stretched in the short run, the act of closing near the highs of today's range should allow for an eventual push up to test $32.75, made back in May for Front month Silver Futures. Overall, ahead of the start of next week's rate cuts, precious metals are in a sweet spot for additional gains over the next month, and both Gold and silver, along with Mining stocks are appealing (SI_F) SLV -1.37%