Gold: I have no idea what they boys are doing to the price. If there is a supply problem, wouldn't they want the price to skyrocket to get folks to sell their supply? I'm scratching my head. If they do get the price to collapse, more people will buy physical. Counterproductive. Something else must be going on behind the scenes. Strange days, these.

Silver: I bought SLV puts yesterday in case this happened. If the price takes out the 2013 lows, I'll make money on the puts, turn and buy physical with it. If it doesn't take out those lows, I'll still buy the physical at these prices, lose my money on the puts. It's a great way to hedge yourself against wild price swings.

The precious metals market has left me in the dust...I have no idea what is going on, or what to expect. I do know this much, though: I'd rather be looking at physical silver when the poop hits the fan than a screen telling me how much my pieces of paper are worth (or worthless.)

Just my opinion.