Silver prices have stabilised after it's tremendous rise over the past few days but we see further upside if prices do not fall below the $16.6 support level. Furthermore, with a fall in yields due to a flight to safety into government bonds and central bank rate cuts we see Silver continuing to rise towards the $17.3 resistance level as well as catching up with gold that is approximately up 17% for the year compared to Silver approximately up 10% for the year.