Some very interesting indicators are showing here to start 2014. There seems to have been a major shift from so called "global recovery" of 2013. Oil is well down this year. The $USD is well up and yet that does not seem to be bothering gold and silver too much. Copper looks like it has topped out. If you don't know, copper is a good indicator for economic activity because it is used in housing and manufacturing. The U.S. 10 Yr yield is holding around 3.0% so the bond market has stabalised for now. Sentiment seems to have shifted. The EUR got belted which is largely why the $USD is up because nobody is going to be buying the Yen with all of the printing the Japanese are doing. Even the $AUD is catching a bid, maybe some safe-haven buying there also. I don't know it this is a new trend yet. It is too early to say. Lets see.
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