Market most bearish on gold.Pessimsm rules. This is where I load up because when the bounce comes by whatever trigger many will be caught with their pants down and will rush to cover.
Geo=politics are heating up next door now . POTUS isued executive order designating Venezuella a national security threat, did not get to read the details yet, add to that Russia's escalating threat to Ukraine and the Mid East conflicts and a trigger may be arroundthe corner. The trigger could be one mid size country defaulting and dragging some banks down down, there are many canddates such as Greece, Ukraine, Nigeria and Indonesia among few others.