With continued consolidation in the gold and silver markets, a tidal wave of money is flowing into the Gold ETF and gold stocks.

From Jason Goepfert at SentimenTrader:  The biggest fund inflow over the past week was in the gold fund, ETF. It took in more than $1.6 billion, which is among its highest in the past five years (see spike on far right hand side of the chart below).

KWN SentimenTrader I 6:29:2016

This hasn’t been a perfect contrary indicator, but extreme fund flows in the funds have been more of a contrary guide than not, suggesting a headwind for the metal from here.

King World News note:  We also continue to see strong money flows into the GDX Gold Miners fund (see chart below).

KWN SentimenTrader III 6:29:2016

King World News note:  But we are seeing extremely strong money flows into the GDXJ Gold Miners fund (see chart below).

KWN SentimenTrader II 6:29:2016

King World News note:  It will be very interesting to see how gold and gold stocks trading in the coming days in weeks in light of the massive surge in demand.

***KWN has now released the extraordinary audio interview with the top trends forecaster in the world, Gerald Celente, discussing what to expect in the aftermath of Brexit, gold, trends, and much more and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

***Just Released: Gerald Celente Just Issued A Dire Warning To The World After His Shockingly Accurate Brexit Prediction Click Here.

KWN Celente mp3 6:25:2016

***KWN has also now released the powerful audio interview with legend Art Cashin discussing the chaos in global markets in the aftermath of Brexit, gold, bonds, inflation, possible hyperinflation and much more and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

KWN Cashin mp3 6:25:2016

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