Events in 2016 strengthen my conviction that what will make gold and silver move substantially higher will be a collapse and reset of the international monetary system. Both gold and silver reacted to the currency wars. Since the 2008 financial crisis their demand has been dominated by the monetary side and not the commodity one. Gold remained in the shadow of the international monetary system even after the collapse of the gold exchange system in 1971. Silver, even if no more part of official international reserves, follows gold very closely confirming its role as poor man’s gold. High correlation between gold and silver continued after silver’s demonetisation. Looking at a long-term chart it is evident that the two monetary metals have a very high correlation and it increases even more during monetary crisis. I do believe that in this monetary reset gold will lead and silver will follow on steroids.