On the daily chart, silver remains in a downtrend.
A downtrend is defined as a series of LOWER LOWS and LOWER HIGHS.
Welcome to the Summer doldrums. Silver and gold tend to be weak in the beginning of Summer and typically do not have meaningful rallies until the end of July or early August.
On the Weekly Charts, silver remains in an UPTREND. An uptrend is defined as a series of HIGHER LOWS and HIGHER HIGHS. If the price of silver dips below $19.83 per ounce then the UPTREND would be negated on the Weekly Chart.
source: JM Bullion
The premium on American Silver Eagles remains around $15 per ounce.
Peace out and stack on!