Silver has slid into a bear market, down ~22% since October and settling -2.5% today at $27.24,...

|By:, SA News Editor
Silver has slid into a bear market, down ~22% since October and settling -2.5% today at $27.24, and some analysts say the pain is just beginning. Colin Cieszynski says recent moves reflect a technical breakdown but, similar to selling pressure hitting gold, silver is losing fans as inflation fears fade. iShares Silver Trust (SLV -2.4%) has extended its pattern of stair-step declines, an ominous technical warning.