Some people say if the USD bounces back up, silver will drop sharply...?

For sure the price of USD and precious metals are inversely related. The price of silver or gold can be broken into two components.The intrinsic price and the price due to fluctuation in USD. You might have read that historically the price of gold has been 16 times that of silver and that at some point silver will try to catch up. In the near future the price is expected to shoot upto $250 and has already begun to show signs. Irrespective of the price of USD, silver should continue its run..infact in the last month it went up 29% while gold went up about 7%. Silver is a precious metal and has industrial uses as well and if you follow its price during day trading, it often defies the relation with USD; in fact its movements are more independent than that of gold.