This is shaping up to be a currency battle. If you ask 'will silver and gold fly or crash' you are basically asking 'will the USD fly or crash'.
GFC1 I was 100% invested in silver and gold. Did very well because the Aussie crashed.
Gold held it's value... even up a tad.
Silver came off a little worse for wear..
But overall, heaps better than stocks.
Silver and Gold will 'do their job'.
doc