I think the price in silver is is being influenced by bitcoin/digital currency prices. As Greg has stated you had suppression of silver prices by JPM and others too. The case against JPM was dismissed in February. I picked up silver with others in a huge purchase in $14's in late fall of 2015 when it was best value (equities, bonds, commodities, etc.) of them all. Maybe pick up some at these levels if/when it touches the levels again? I'm waiting for $11's before I would buy more. However, this could be be the "new lows" ($15's/$16's per ounce) for silver for the next few years? take care lanceman