In any event, I'll give an update on gold and silver so you can see what I'm seeing.
By just about every measure I've seen, silver has been trading below its cost of production for nearly six months now. How much longer will it need to stay down here before mining companies start shuttering mines and/or going out of business? Another factor to consider is that approximately 70^% of the world's silver supply comes as a byproduct of base metal mining. As base metal miners increase output of lead, zinc, etc, then there will be a corresponding increase in silver supplies. Of course the opposite is true as well as when they scale back production, silver supplies will fall.
Here are a few 5-year charts of base commodities:
Anyway, the fundamental reasons for owning gold and silver have never been stronger. Technically, however, the charts are still in consolidation mode so it's hard to make a bullish case until the patterns ultimately play out.