Any of the Silver Positions

Are right now in a rather good spot as far as risk is concerned.  At least my perspective is silver or SLV needs to hold $29 so right now it's not too far from that. If JPM is successful at knocking down SLV/Silver, then we don't have too much risk as we are close to that area.

I still feel SIL is probably the better trade of all of them at this point. If JPM loses the battle, then the actual silver funds or physical delivery will outperform.