How markets will behave, what the dollar will do and where capital will flow as investors panic, however, is another matter altogether. Throughout history silver and gold have been used as the wealth preservation assets of last resort and that's why, according to precious metals bull Gary Christenson of Deviant Investor, we should expect precious metals to rise to new highs in coming years. But bear David Trungale of Trader Tours disagrees, noting that while monetary printing may be excessive, there has been no significant increase in inflation, which points to continued deflationary pressure on silver and gold.