Silver is also an industrial metal. Economic growth is very good for Silver. The question is if traders will once again take this sign of economic improvement and trade the potential tapper. It's a foolish trade because the Fed isn't tapering. The perception that good economic news leads to tapper talk is correct; however talk is cheap and that's all the Fed can do for the next 3 years. Gross of Pimco got it right "No FED Tapper until 2016".
The economy should start improving this year and next, but not if the FED tappers or raises rates. There is just no way the FED will blow a hole in this long awaited recovery. Growth and low rates is just what the doctor ordered. Debasement adds fuel to the fire.