Corrections in gold and silver

This is a good primer on corrections within a bull market in gold and silver.

http://www.dailywealth.com/archive/2010/feb/2010_feb_11.asp

If the Chinese economy falters, then it is very possible that commodities will fall as well, since China has been a huge market for them.

I think gold will do better than silver under this scenario, because gold is viewed as a monetary commodity by all the major players, whereas silver is viewed as an industrial metal as well as a monetary one. In a contracting economy, silver may fall. That doesn't mean I'm going to rush to sell my silver, it means that I am prepared to see silver fall.

- Chris Weber

Brian Hunt auggests the smart money is buying the dips.

Disclosure: long gold and silver mining shares.