Can't help but think that we might have to face one more fast and brutal drop in precious metals. Two of the researchers I follow both indicate a possible drop in the GDX down to 24. This would be a 30-40% drop. It is quite possible considering that the U.S. dollar is on the verge of a reversal to move higher. This could be enough to trigger a mini collapse in the DJIA and precious metals. This would be an extreme call if it occurred. Improbable, yes......but I am watching closely. It could be the call of the year if it comes to fruition.