RE:Silver too erraticGranted, but gold is still well above 1900 and silver is above 25. Don't think the day to day paper shuffle has much to do with real world metal prices nor the profitability of miners. However, you would never know it watching the SP volatility.
As you say, we are losing traders/investors slow but sure. As the volume is relatively low it could be that longer term investors are waiting for an upward signal. After all, nobody wants a beaten down share, only one on the rise!
Do we get news tomorrow? We'll know soon enough.