Traders need to take profit. Holders of physical gold and silver, don’t care what happens in the short term because they have peace of mind their portfolios are insured. Our government will take care of the long term.
I want to expand on this a little bit more in this article in explaining trading/owning paper gold and silver versus owning/possessing physical gold and silver. The two philosophies of owning the precious metals are not the same, although some would have you believe this to be the case. You may not be aware of this today, but in the future, this will become an issue.