With gold and silver surging strongly on Friday’s U.S. Jobs Report, today King World News is pleased to share a piece which takes a remarkable look at the war in the gold market. This piece also includes two key illustrations that all KWN readers around the world must see.
Jason Goepfert at SentimenTrader: “Their (commercial hedgers) net position in gold is the lowest since June. In recent years gold hasn’t topped out until hedgers had reduced their position by much more than they have in recent weeks (see chart below).”
King World News note: You can also see that even with the latest rally in gold, sentiment still remains at “excessive pessimism” levels.
King World News note: This excessive pessimism also bodes well for the price of gold. ***KWN has now released the extraordinary audio interview with legendary Robert Arnott, where the legend tells KWN listeners a fantastic investment that is available right now. He also discuss the unprecedented chaos, turmoil and instability in the global financial system, what investors should be doing with their money to protect themselves from the turmoil in Western stock markets and much more, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***Also, be sure to return because the eagerly anticipated KWN interview with Dr. Paul Craig Roberts was temporarily delayed but it is now set to be released within hours!
***ALSO JUST RELEASED: Despite Today’s Rally, More Carnage Is Ahead For Global Stock Markets And The U.S. Dollar But Gold And Silver Will Shine CLICK HERE.
***Within hours KWN will be releasing the powerful written interview with Dr. Paul Craig Roberts!
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