WIth the Taper announced, marginally implemented, and with plans for further tapering in the coming near future I'm guessing PMs will continue on their decline, This because continued tapering should likely cause interest rates to rise resulting in $ flowing from stocks and PM's to US Treasuries, CD's and other less risky yield bearing instruments . But just in case I'm wrong I'm still holding some CEF and occasionally add to the GGN and GNT positions when they are trading way below NAV. And... I've been adding to my physical PMs a little every week or so for the last few months, but instead of standard bullion coins like SE's and Mapleleafs I've been acquiring US, Canadian, and Australian silver and gold proof coins with all the accompanying paperwork, packaging, etc. It seems that a lot of these have been selling at or near the same prices as their non-proof but otherwise similar in kind coins. Because they should have at least some numismatic value over their melt value, both now and in the future, the thinking is that they are trading at a discount to their actual value (which of course is still largely influenced by Spot Price). Anyway, as you know that hasn't been working out so well, and definitely not as a short term trade.
Looking forward to checking back here later for you 2 cents on the subject, and whatever prognostications you may have for 2014 and beyond.