Precious Metals have been referred to as the Anti-Stock Market. It’s easy to see, looked at over long periods of time, that when Stock indices are in Bull Markets, Gold & Silver generally move downward. And, when stocks go into Bear Markets, the Metals shine.
Surely, this relationship is not ironclad, but it does hold more often than not. So, looking at Stocks can provide an edge when trying to tell the future direction for Gold & Silver.