Silver is headed below $12 and gold below $1050.
The reason for that is the strong Dollar. Not only precious metals such as gold, silver, and platinum, but also other commodities such as crude oil and natural gas, as well as other currencies such as the United Kingdom Pound (UKP), Euro, Russian Ruble, Australian Dollar, and the Canadian Dollar have all lost their value in comparison to the USD.
But I think GBP, EUR, and CHF have the higher value than USD. How could you said that the value of the currencies has lost? And I think GBP is the most stable currency in the world. CMIIW