"Market driven" rates will affect the precious metals more than stocks. Falling bond rates along with the double whammy of the falling dollar is what has gotten Greg all excited about hoarding precious metals here at "crash n burn" highs. But looking at what is "about to happen" with market driven rates..as well as the dollar. Those 2 reversals will decimate precious metals. Here's 20 year bond.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=tlt&x=55&y=18&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

Rarely do you get a situation where everything is lining up so purrrfectly for a trade...and "the" trade is to short the precious metals stocks. No waaaay they will rally into rising rates and a rising dollar. No waaaay...no how. But don't tell Greg. He only sees the "obvious" and verifies it for his kittens. ...who also see nothing but what is "obvious." :-)