Gold and silver are wrapping up a record-setting week once again. Starting with gold, the yellow metal left market participants hanging last week after finishing just shy of US$5,000 per ounce. However, it made up for it in spades this week, breaking through that level and continuing on up to smash through US$5,500. Silver was no slouch either. After hitting triple digits at the end of last week it moved even higher this week, spending time above US$121 per ounce. Unfortunately, it didn’t take long for those questions to be answered. Gold and silver prices dropped precipitously as the week drew to a close, with the yellow metal finishing Friday (January 30) just below US$4,900 and silver sitting at about the US$85 level. What’s going on, and more importantly, what should investors do? Let’s tackle what’s going on first. The broad consensus from the experts I spoke to at VRIC…
