Profunds index and sector trading

[Namiar]

I was going to ask you about Precious Metals.

I believe that the 30 year low in that index (the XAU) was something like 47.

You would think that the 47 would be a hard floor. The XAU is currently at 70 (after moving over 200 just a few months ago), dipping to 63 earlier today.

I was actually considering shifting assets to XAU for a hard rebound. I do currently have a small position at Profunds.