www.forbes.com/sites/kitconews/2014/08/12/...upling-from-gold/
"".......Gold received a late-week boost on geopolitical tensions, but silver was unable to follow suit.....“Unlike gold, silver failed to benefit much from an escalation of geopolitical tensions and instead was worn down by a strengthening dollar,.....Daily technical charts show December silver is holding right around the 100-day moving average, which comes in around $20.016. Silver dipped under that level several times last week, which leaves the market vulnerable from a technical chart standpoint, he said.
Melek also pointed out physical demand for silver was sluggish for July. U.S. Mint sales of silver coins fell 27% month over month in July, the lowest level this year. Silver coin sales in Europe have also fallen. He also notes that exchange-traded fund silver holdings are also down..""