There is no underlying reason why Gold and Silver will skyrocket. I bought into the world is going to end scenario from precious metals bugs but it has not panned out. For Gold and Silver to take off we have to have very high inflation or panic. I do not see either given the ability of Central banks to print money and paper things over and The mal-investments are actually fomenting deflation and not inflation. Eventually gold and silver bugs will be right but it may be a decade or two - sorry.
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The markets run in cycles, currently the environment is risk on which means that assets like PM are ON SALE. PM are long term investments, not trades.