With the Dow near 21,000 and oil around $50 and the precious metals still consolidating, here is a look at a major surprise in the gold and silver mining shares.
Gold has entered the next leg higher in its secular bull market, but here is the really big surprise…
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GDX Sentiment Hits “Extreme Pessimism” Levels
GDXJ Sentiment Also Hits “Extreme Pessimism” Levels
King World News note: Despite the fact that the cyclical bear market in gold has ended and the next leg higher in the secular bull market in gold has already begun, there is a great deal of fear when it comes to the mining shares. This is extremely healthy in the early stages of this bull market in the mining shares as they continue to “climb a wall of worry.” Buy the big smashes in the high-quality shares and exercise patience.
***KWN has released the powerful audio interview with Gerald Celente and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
***ALSO JUST RELEASED: Here Is An Extremely Important Update On The War In Gold And Mining Shares CLICK HERE.
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