With paper claims in the gold market now at unfathomable levels, today King World News is pleased to share a shocking development in the war in gold.

The following charts are from Jason Goepfert at SentimenTrader.

King World News note:  Below you can see the commercial hedgers most recent position in the gold market.  Note that commercial hedgers have aggressively continued to cover their short positions on the recent decline in gold (see chart below).

KWN SentimenTrader I 12:7:2015

King World News note:  The chart below gives a roughly 23 year look sentiment in the gold market. You can see that during the latter stages of the bear market (up to the year 2001) the commercial hedgers were net long the gold market.  The fact that the commercial hedgers are essentially flat while gold is in a secular bull market is quite remarkable (see astonishing chart below).

KWN SentimenTrader II 12:7:2015

King World News note:  It is also worth noting that the chart below shows how sentiment in the gold market has moved back very deep into excessive pessimism readings (see chart below).  This is the type of thing you would expect to see at the end of a cyclical bear phase that is inside of a secular bull market.

KWN SentimenTrader IV 12:7:2015

These charts are just a portion of one of the latest fantastic reports. To try a free 14-day trial of the internationally acclaimed work that Jason Goepfert produces at SentimenTrader simply CLICK HERE.

***To hear Dr. Stephen Leeb’s powerful audio interview CLICK HERE OR ON THE IMAGE BELOW.

***ALSO JUST RELEASED:  Elite Domination Of The World And Their Plan To Send Global Markets Into A Full-Blown Panic CLICK HERE.

KWN Leeb mp3 12:6:2015

***To listen to billionaire Eric Sprott discuss this week’s panicked trading and what’s directly ahead, you can listen to his extraordinary KWN audio interview by CLICKING HERE OR ON THE IMAGE BELOW.

KWN Eric Sprott mp3 12:5:2015

© 2015 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 This material may not be published, broadcast, rewritten, or redistributed.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.

King World News RSS Feed