It's been a volatile start to the start for most asset classes, with the Nasdaq 100 Index (QQQ) down more than 10% year-to-date, and most growth stocks also remain deep in negative territory. However, among violent correction, precious metals have been giving up ground grudgingly, with gold (GLD) and silver (SLV) in positive territory year-to-date. This relative strength is a great sign because both metals tend to perform better when they are above their monthly moving averages and outperform the major market averages. Let's take a closer look below:
