Today King World News is pleased to share a fantastic piece which give readers a stunning look at the war in the gold market. This piece also includes three key illustrations that all KWN readers around the world must see.
The chart below shows that there has been a great deal of short covering in gold since the early part of this year by the commercials.
The chart below shows that there is still a great deal of excessive pessimism in the gold market.
The 10-year chart below shows that recently the commercial hedgers are the most short the U.S. dollar than at any time in the past decade.
The bottom line is the U.S. Dollar Index fell another point today and there is still a wall of worry in the gold and silver markets. This is exactly how cyclical bear market cycles end and secular bull markets resume their upward trajectory. The fantastic charts are just a portion of the latest fantastic report. To try a free 14-day trial of the internationally acclaimed work that Jason Goepfert produces at SentimenTrader simply CLICK HERE.
***ALSO RELEASED: One Of The Biggest Danger Signals Is Now Flashing RED! CLICK HERE.
If you are interested in purchasing physical gold and silver for delivery you can call Steve Quayle or his staff at (406)586-4842, or you can email them at info@sqmetals.com
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