After another wild trading week, look at what is happening in the gold market.
Adding To Gold Exposure
July 7 (King World News) – Here is a gold update from Jason Goepfert at SentimenTrader: “Gold has seen a historic leak over the past two weeks, which has tended to precede short- term rallies, and its Optimism Index is declining fast, to a level that preceded its last two bottoms….
To listen to billionaire Eric Sprott discuss his prediction for skyrocketing silver
as well as his top silver pick CLICK HERE OR BELOW:
Jason Goepfert at SentimenTrader continues: “It’s also nearing its seasonal low point. The drop in economic surprises is a worry, but due to the factors like we went over in the June 29 report, I added some exposure.”
King World News note: Here is the chart of sentiment in the gold market that Goepfert was referring to:
Sentiment In Gold Near “Extreme Pessimism”
But what about sentiment in the silver market?…
To see the symbol for the only gold explorer in the world with no debt and a
massive treasury that has seen insiders buy more than 3 million shares
in the open market in the past few months CLICK HERE OR BELOW
King World News note: Here is the chart of sentiment in the silver market:
Sentiment In Silver Also Near “Extreme Pessimism”
King World News note: There is no question that the gold market is now extremely bullish from a contrarian perspective. For those of you accumulating physical gold, take advantage of any weakness to add exposure. The same is true for silver. The mining shares have been in a very long sideways consolidation. They will trade with the metals. If the gold market is now set to lead the way higher, that will create some very bullish momentum to the upside in the high-quality mining shares.
KWN has just released the remarkable audio interview with London whistleblower and metals trader Andrew Maguire and you can listen to it immediately by CLICKING HERE.
ALSO JUST RELEASED: MAJOR ALERT: Andrew Maguire Says Major German Bank Just Refused To Hand over Client’s Gold CLICK HERE TO READ.
© 2018 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. However, linking directly to the articles is permitted and encouraged.