These people are like meteorologists that predict the weather. They are always right, its just their timing thats off. Eventually, it will do whatever they say it will. LOL!! Here is the letter put out to readers of Options Trading Pit:

Strange things are afoot in the metal markets...

There is an odd divergence between physical demand and the falling price of silver and gold. Gold is down to $1,577 per ounce. Silver is down to $28.40 per ounce. At the same time, the U.S. Mint has seen the largest demand for physical silver coins ever in February.

On top of this, falling prices are causing the Central Fund of Canada (AMEX: CEF) to approach a discount to its underlying assets. CEF is a closed-end fund. It now has a market cap of US$4.97 billion and a share price of $19.49. This is just 1% over the price of its combined silver and gold portfolio. CEF usually trades at a 2% to 4% premium to its physical gold and silver assets. CEF hasn't spent much time below its NAV since the metal market bottom of 2001.

The mainstream pundits coupled with Bernanke at the Fed would have you believe the long bull market in gold and silver is over, that there will be a great rotation into equities... They're wrong.

Recent trouble in housing and the retail sectors suggest equities will continue to be a hard slog. Money printing and higher taxes won't bring the consumer back.