Yes, the margin calls on the silly people who overextended themselves in futures is causing the sell off, so that musical chairs tune will carry a bit, and once everything settles down the fundamentals imperiling this economy are still very much in play and the march will resume, albeit at a reduced pace. In the meantime, if you absolutely need to sell positions for retirement needs etc by all means take measures to ensure your short term liquidity needs, but if you are comfortable with waiting by this time next year I am guessing we'll be hearing of the newfound interest in precious metals.
ETA - I plan on buying more, in increments, as I always do, during this reset.