Base for the next rally?

There's been quite a bit of market correction (or manipulation) in precious metals the past month. While gold was down less than 10%, silver's extreeme volatility took many traders out of the game, while some made nice profits. For the long term investor gold seems to be the safer haven, though silver shouldn't be written off yet...

What we've seen in the markets is the settling of a new base, or bottom as you will. Fundamentals point to rise in gold, which means silver certainly won't be left behind. With Gold reaching new highs and breaking $1450, silver's volatility should decrease and set it up for a new bull run. But if gold doesn't break 1450 and retreats, silver will probably take another hit, dropping to the low thirties and stabilize there until the next bull run.

So the question is not weather to hold, but when to buy.