For the last year and a half gold has been in a normal bull market. 3 up, 2 down, then another wave over again. That is better than the 5 years that preceded the beginning of this current gold bull market. Silver too, but it's just starting out slower and has some recent resistance above the current price that will just take some time, or buying, which will happen in due course.
Too much debt, too much concentration of inflationary pressures, make today much different than the late 1970's with a Democratic president, Carter, house and senate, and Volcker, the worst Fed chief my lifetime.
Good trading, we'll be buying silver at a little lower level again.