Don't see a catalyst for $300 fall until the Fed gets much closer to 1% FF short of true market crash. More than likely gold will have upside blowoff similar to oil prior to any big drop. Agree though it's certainly not risk free, but playing more lagging/value based PMs here most of which are still cheap based on sustained 700-800 gold.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.