On a medium to long term basis - we may see Gold and Silver form a significant top.
If we look at the move in Gold from 2000-2001 low, it is quite likely that in the next 6 months we may see a top in place.
This will lead Gold and Silver to have substantial declines.
It may be possible that Gold may touch $1500 territory and Silver $35 territory ( but it is also possible a major top is already in place ). We shall see and time will tell.
But the medium to long term call is that in the next 3-5 years we may see both these metals head south.
Gold also seems to form a top in non dollar currencies.
It is quite likely that a strong USD across the board will be seen as well when metals and other currencies drop in value.
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