Oh look, gold and platinum are also rallying with silver. I wonder why.
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Do you think it might be because {gold, silver, platinum, palladium} are *always* correlated with each other on account of being driven by very similar macro factors? It would be a much bigger story if they were moving in opposite directions.
Gold was up on 82% of days that silver was up over the last ten years. Platinum up on 74% of days that silver was up, palladium up on 70% of days that silver was up. This is not "memetics" it is plain boring old correlation.
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Err calling it a correlation doesn’t explain any causal factors of why they correlate. In this case do you think macro factors drove gold and platinum?
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