Back in May gold was under $1300 and now it over $1500 that is good reason to rejoice. And silver has gone from $14.35 to north of $17.00!

I think there is a worldwide "liquidity" problem meaning that all assets other than cash may take a beating. I believe that is why Trump keeps calling for the FED to reduce rates and open the money spigot. If there is a real liquidity problem then everything sells off. But what emerges first will be physical gold and silver.