I really think it'll recover about a month after the taper. That may indeed end up 2 years from now, but if it happens in a few months, then gold equities will go up violently (to use Sprott's adjective) no later than a month or two thereafter. (Until that happens, though, am admittedly respecting any profits made from any investment before they disappear, to then invest more into whatever miner seems most irrationally priced at the time).
Ultimately, the joke is that every month we hear about taper, PMs get slammed, then we hear that taper is delayed a month but the PMs don't recover. There's a massive chasm between gold/silver performance and stocks, and I don't expect that to stand forever