It is called a correction. It is bound to happen eventually when gold and silver have been rallying for almost a month and a half straight. I've been waiting for this, and just loaded up on silver bullion today. It may go lower... who knows... I won't pretend to be an economist or investment adviser. At this point I'm going to listen to Jim Rogers and Peters Schiff and hoard as much gold and silver as I realistically can.
For those who think that gold and silver aren't "investments", get real. They don't pay interest or dividends, sure, but are you trying to say that you can't appreciate wealth buy buying and selling gold and silver? This is blatantly false and I won't spend any more time going into it because it is really simple mathematics and not a matter of opinion.
"The sinews of war are infinite money" ~ Cicero
"The sinews of war are infinite money" ~ Marcus Tullius Cicero