Today King World News is pleased to share a fantastic piece which give readers a stunning look at the war in the silver 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 silver recently by the commercials.
The chart below reveals there has not been excessive optimism in the silver market for nearly 3 years.
The chart below shows that there has not been excessive optimism in the Rydex Precious Metals Assets in over 4 years.
If you look at the chart above, the extreme pessimism is exactly what you would expect to see at the bottom of a cyclical bearish phase, inside of a secular bull market. When the gold and silver bull markets really begin to accelerate higher in the next leg of their historic bull markets, gold will break $2,000 and silver will take out the all-time high of $50. It may seem unbelievable today but that's just what happens in bull markets — the really big surprises are on the upside. 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: Richard Russell Warns People Must Prepare For Something Worse Than 1929 – 1932 … Will U.S. Seize Gold? CLICK HERE.
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