GLD, weekly
SLV, weekly
Summary
The weakening USD is certainly helping the precious metals.
Yet, arguably far more important are some of the bigger 'system risks', and that is increasingly giving Gold - and to a lesser extent, Silver, an underlying 'fear bid'.
If the broader equity/capital markets see renewed upset this spring, and into the summer, then Gold and Silver both look set for much higher levels.
*if correct, the related mining stocks will similarly rise, even as the broader equity market implodes.
