This essay is based on the Premium Update posted on May 30th, 2009 This year?s bad economic news overshadowed the aspect of geopolitical risk, which again reared its ugly head over the past few weeks. North Korea has conducted a new nuclear test and fired short range missiles. Iran has made several moves that in slower news cycles would have dominated the headlines. Israel, worried about the situation in Iran, is conducting a five day drill, dubbed ?Turning point 3,? to prepare Israel?s rapid response capabilities in the event of simultaneous missile strikes and terrorist attacks. All this is bad enough without mentioning other flash points, such as Afghanistan, Pakistan, Nigeria and Venezuela. Yes, geopolitical risk is back. It never went away, we just overlooked it while being inundated with the worst financial news in recent memory. However fiat currency , faithful subscribers to Sunshine Profits Premium Service have gold and silver in their portfolios and that makes us feel a bit safer, at least financially. Remember the Golden Rule: he, who owns the gold, makes the rules. Moving on to the technical side of the analysis, I?ll begin with the silver market. Silver I covered the white metal in one of the previous essays(April 20th), in which I wrote that silver formed several cup-and-handle patterns. The implications at that time were that once silver completes this pattern, the following move would be substantial. Since I first wrote about it, silver did indeed complete a cup-and-handle pattern and did move 30% higher. (There is nothing like a good cup to make a trader happy when proven right.) On the other hand, since this move has been swift, it is natural to expect some kind of a consolidation.