macrocephalopod

Oh look, gold and platinum are also rallying with silver. I wonder why.

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.

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?

...yes?

My point is that observing something that occurs on 80% of days and calling that evidence for your theory is a pretty egregious example of confirmation bias.