Another reason Fed won't rush to taper is because rates will run up and US won't be able to afford the debt bill unless the economy is cooking along with GDP of 3.5+. If rates get away from them it will scar the dollar deeply. IMO, that is when China and/or Russia will attack the dollar with gold backed Yuan or ruble. All good for PM longer term. GLTY!
If the Fed tapers, it will be a modest taper, the Fed wants to keep interest rates low, so
they will keep tapering to the tune of say at least $75 billion a month.
If they do much tapering it will cause the markets to sell off, and the Fed doesn't want that.
My guess is that don't start tapering for a few more months at least.
Gold and silver seem like they are headed higher with or without tapering,
Both are starting to break-out, all the price suppression has done is stimulate
demand for physical gold and silver, so that's what's driving the metals higher,
just strong demand and very tight supply. JMO. Don't overthink it.