Well, let me ask you this...
Do you have a plan for when we wake up to a bank holiday and everyone gets the big Cyprus style 'bail in' that we all knew was coming? What is the alternative to the metals at this point? Cash? digits on a computer screen?
When you look at things like the US geological study on silver, the fact that it takes 7 years for the US to give Germany 300 tons of gold, the new and sudden disclaimer on comex inventory reports, the fact the mines are starting to shut down because they are unable to produce at these price levels (http://www.silverdoctors.com/golden-minerals-suspends-produc...), the US mint shutting down production of silver eagles early this year because of demand (http://www.silverdoctors.com/january-us-mint-silver-eagle-sa...), the disastrous Kennecott mine collapse, falling inventory levels at JPM and Comex, etc...
I personally don't believe any physical is out there in any large quantities. Physical buyers are SQUASHING any sellers (which are few and far inbetween). I can't see a gold mining company selling gold for $400-$800 if it is costing them over $1200 to pull it out of the ground. The silver miners won't produce if their "all in" costs are nearly $30 an ounce. I posted the article above about Golden Minerals shutting down until silver prices go back up.
Don't give up on silver and gold bro. You're too smart of a guy for that! :)
“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul